Raintree Manor Homes Condominium
Homes for Sale in Temple Terrace, FL

Community in Temple Terrace · Hillsborough County
83 homesBuilt 1975–1980
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Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · Raintree Manor Homes Condominium Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
57%
Owner-occupied · Raintree Manor Homes Condominium
47 of 83 parcels homesteaded (FL DOR 2025)
43%
Non-owner-occupied · Raintree Manor Homes Condominium
incl. 6% trust or LLC-held · 6% out-of-state
50%
Cash buyers · Raintree Manor Homes Condominium
2 of 4 sales, 12 mo ending June 2025
83
Homes in the community
83 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 1975
Community established
homes built 1975-1980, median 1980 (FL DOR 2025)
1
Failed listings · 2026
peaked at 1 in 2019
2.4%/yr
Turnover rate
about 2 of 83 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Raintree Manor Homes is a condominium community in Temple Terrace, Hillsborough County. Because it is a condo association, what sets pricing here is less about lot or square footage and more about unit condition, floor and layout, and the association's financial posture — reserves, assessments, and any deferred maintenance. Two units in the same building can trade at very different numbers based on how they've been updated.

With only a two-closing window in our current snapshot as of July 2026, this is a thin dataset. That means each individual sale carries a lot of weight and we don't have enough transactions to call a clear trend line. For a buyer, that argues for pricing on the specific unit rather than a community average. For a seller, it means comparable sales are scarce and presentation and condition will do the heavy lifting.

Best for

  • Buyers seeking a lower-maintenance condo with easy access around Temple Terrace and the wider Hillsborough road network
  • Value-focused buyers willing to underwrite a specific unit's condition and the association's finances rather than chase a community average
  • Investors targeting steady rental demand who will verify rental rules and occupancy ratios up front

Probably not for

  • Buyers who need a large pool of recent comparable sales to feel confident on price
  • Buyers on a financing path that requires a confirmed warrantable condo before they can proceed
  • Anyone wanting a detached single-family home with private lot and no association assessments

The market around Raintree Manor Homes Condominium

Raintree Manor Homes Condominium is a small community — 6 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

The housing mix here is 90% condominium, 10% townhouse.

ZIP and county figures describe the wider market, not Raintree Manor Homes Condominium specifically. Momentum Research analysis of MLS records.

If we were buying in Raintree Manor Homes Condominium today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Raintree Manor Homes Condominium.

Best Buy
Buyers who want a Temple Terrace condo and are comfortable underwriting one unit at a time.
Biggest Risk
A thin sales record makes pricing and comping harder than in an active community.
Sweet Spot
A well-maintained unit in an association with funded reserves and no pending assessments.
Avoid If
You need broad comp data or a warrantable condo for a specific loan and can't verify it.

Reading a thin-data condo market

In a community this small with only a couple of recent closings, there is no reliable community-wide price signal — the sample is too small to average meaningfully. The practical implication is that you underwrite the individual unit: its condition, its exposure, its assigned parking or storage, and what the association's reserves and assessment history look like. A well-run association with funded reserves is worth real money at closing; a thin one with looming special assessments is a discount waiting to happen.

Temple Terrace location matters here too. Proximity to the surrounding road network and to the University of South Florida area gives units in a community like this durable rental and resale demand, but condo financing can be its own hurdle — lenders scrutinize owner-occupancy ratios and association budgets. Confirm the community is warrantable for your loan type before you get attached to a specific unit.

The location and the amenities are priced into every listing in Raintree Manor Homes Condominium. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-transaction condo community, generic comps mislead. We read the association's financials and assessment history alongside the sale record, price to the actual unit in front of us, and flag financing or warrantability issues before they blow up a closing. That is the difference between a clean contract and a deal that dies in underwriting.

Raintree Manor Homes Condominium in 15 seconds.

Best forBuyers who want a Temple Terrace condo and are comfortable underwriting one unit at a time.
Biggest advantageA convenient Hillsborough County location with durable resale and rental demand.
Biggest riskA thin sales record makes pricing and comping harder than in an active community.
Sweet spotA well-maintained unit in an association with funded reserves and no pending assessments.
Avoid ifYou need broad comp data or a warrantable condo for a specific loan and can't verify it.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Raintree Manor Homes Condominium sales matched to your home.

What is your Raintree Manor Homes Condominium home worth?

Get a no-obligation home value based on real comparable sales in Raintree Manor Homes Condominium, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Raintree Manor Homes Condominium on the map →

Real comps, not an automated estimate.

Recent Developments in Raintree Manor Homes Condominium

Development, infrastructure, retail, and school activity affecting Raintree Manor Homes Condominium, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    33-story tower planned for Water Street Tampa expansion

    Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.

    What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 4 miles southwest of Raintree Manor Homes Condominium, elsewhere in Hillsborough County.

    Source: Florida YIMBY
  2. July 2026
    Infrastructure

    New Interstate 75 interchange planned for Parrish area access

    A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.

    What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The project is about 26 miles south of Raintree Manor Homes Condominium, elsewhere in Hillsborough County.

    Source: Tampa Bay Times
  3. July 2026
    Development

    Mercy Oaks II affordable apartments open on North Florida Avenue

    Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.

    What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 3 miles northwest of Raintree Manor Homes Condominium, elsewhere in Hillsborough County.

    Source: City of Tampa
  4. July 2026
    Builder Activity

    First 3D-printed affordable home nears completion in East Tampa

    The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.

    What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The site is less than a mile east of Raintree Manor Homes Condominium.

    Source: Bay News 9

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

How many homes are in Raintree Manor Homes Condominium?
The Florida DOR 2025 assessment roll shows 83 homes in Raintree Manor Homes Condominium (public records).
What share of Raintree Manor Homes Condominium is owner-occupied?
57% of Raintree Manor Homes Condominium parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Raintree Manor Homes Condominium built?
Homes in Raintree Manor Homes Condominium were built between 1975 and 1980, with a median year built of 1980.0 (FL DOR 2025 roll).
Do cash buyers compete in Raintree Manor Homes Condominium?
Cash buyers took 50% of Raintree Manor Homes Condominium sales in the 12 months ending June 2025 (2 of 4 closings, Stellar MLS).
Who is the best real estate agent for Raintree Manor Homes Condominium?
The best agent for Raintree Manor Homes Condominium is one who actively works Temple Terrace and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Raintree Manor Homes Condominium.
How do I find a top Temple Terrace real estate agent who knows Raintree Manor Homes Condominium?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Raintree Manor Homes Condominium and the wider Temple Terrace area.
Can Momentum Realty connect me with an agent for Raintree Manor Homes Condominium?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Raintree Manor Homes Condominium purchase or sale - no call center and no pressure.
Buyers seeking a lower-maintenance condo with easy access around Temple Terrace and the wider Hillsborough road networkExcellent fit
Value-focused buyers willing to underwrite a specific unit's condition and the association's finances rather than chase a community averageExcellent fit
Investors targeting steady rental demand who will verify rental rules and occupancy ratios up frontExcellent fit
Buyers who need a large pool of recent comparable sales to feel confident on priceProbably not
Buyers on a financing path that requires a confirmed warrantable condo before they can proceedProbably not
Anyone wanting a detached single-family home with private lot and no association assessmentsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33617))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (14 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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More Temple Terrace & Tampa & Hillsborough County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa & Hillsborough County or the full Neighborhood Finder.

Thinking of selling in RAINTREE MANOR HOMES CONDOMINIUM? 2 recorded closings (window ending 2026-08-02). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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