Raintree Terrace is an established single-residential neighborhood in the 33617 area of Tampa in Hillsborough County, just east of the University of South Florida and next to the city of Temple Terrace. Homes in the 33617 ZIP code were built primarily in the 1960s and 1970s, which describes the established, midsize stock here (city-data and unitedstateszipcodes.org, 2026).
This is a value pocket rather than an amenity community. The streets are quiet and the homes are reasonably priced relative to the wider Tampa market, so condition, roof age, and insurability drive value far more than the headline number. Several nearby Raintree-branded developments, including Raintree Village condominiums and Raintree Manor, are separate condo and townhome communities with their own HOA structures, so confirm exactly which Raintree you are buying into.
The location is the pitch: USF, the Moffitt and AdventHealth medical cluster, the Uptown innovation district, and the I-75 and I-275 interchanges are all close, putting jobs, schools, and the airport within a manageable drive. The work is reading the older home honestly on roof, systems, and flood exposure before you fall for a price.
Because this is established 1960s and 1970s stock, the money is made or lost on the parcel and an honest read of an older home, not on a community brand. Verify the HOA line, the flood zone, and the insurance quote for the specific address before you offer.