Tampa Palms Area 2 Unit 5B
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
103 homesBuilt 1989–1996Median sale $405K
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Live · Tampa Palms Area 2 Unit 5B Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$405K
Median sold · 12 mo
down 10.0% vs the prior 12 months
-10.0%
1-yr price change
n = 5 and 7 sales in the two windows
$210/sf
Sold $/sqft · 12 mo
peak $268 in 2024
90.0%
Sale vs ask
Hillsborough median: 95.9%
Tempo
100days
Median DOM · closed
6 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
72%
Owner-occupied · Tampa Palms Area 2 Unit 5B
74 of 103 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Tampa Palms Area 2 Unit 5B
incl. 2% trust or LLC-held · 2% out-of-state
50%
Cash buyers · Tampa Palms Area 2 Unit 5B
2 of 4 sales, 12 mo ending June 2026
103
Homes in the community
103 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1989
Community established
homes built 1989-1996, median 1990 (FL DOR 2025)
2
Failed listings · 2026
peaked at 7 in 2007
1,883sqft
Median sold home size
12-mo windows, closed sales
4.9%/yr
Turnover rate
about 5 of 103 homes trade a year
Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and square footage more than location premium. This is an established pocket built between 1989 and 1996, with a median size just over 2,000 square feet and a median around $405,000. At roughly $210 per square foot, what you pay tracks closely to how much updating a given home has had since it was built. Expect a wide spread between renovated and original-condition homes.

The current posture favors patient buyers. Homes are sitting a median of 100 days, and the median price is down 10% year over year. That combination means sellers no longer set the terms, and buyers who are willing to wait and negotiate have room to work. Sellers who price to the current market and present well can still close; those anchored to last year's numbers will keep watching days pile up.

Tampa Palms Area 2 Unit 5B Housing Pulse · Momentum Research · as of July 13, 2026

Tampa Palms Area 2 Unit 5B right now

🔴 Off the recent peak. The trailing-12-month median ($405K) is down 10.0% from the prior 12 months ($450K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Low (5 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Tampa Palms Area 2 Unit 5B Housing Pulse · Momentum Research · as of July 13, 2026

Tampa Palms Area 2 Unit 5B right now

🔴 Off the recent peak. The trailing-12-month median ($405K) is down 10.0% from the prior 12 months ($450K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Low (5 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Tampa Palms Area 2 Unit 5B market snapshot (as of July 13, 2026): the median sale price is about $405K ($210 per sq ft over the trailing 12 months of closed sales), and a median 100 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

Tampa Palms Area 2 Unit 5B is a community of 103 homes in Tampa, Hillsborough County, built between 1989 and 1996 (median 1990.0), with a median living area of about 2,035 square feet. 72% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a mature, low-turnover section of Tampa Palms in Hillsborough County, where homes were built over a tight 1989–1996 window and most are owner-occupied. It reads as a settled, stable enclave rather than a fast-moving market.

Best for

  • Long-hold buyers around the mid-$400,000s who value a mature, low-turnover setting over new construction
  • Buyers willing to trade a longer search and negotiation for a home near the $405,000 median
  • Renovation-minded buyers ready to take on an original-condition home and price the work in

Probably not for

  • Buyers who need to close and move on a short timeline
  • Sellers unwilling to price to a market that is down 10% year over year
  • Buyers expecting a fast-appreciating, high-turnover market with plenty of comparable sales

Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($405K) IS the median in the snapshot above, and the move from 2025 ($450K) IS the -10.0% one-year change.

Windows contain 0 to 7 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Every sale since 2012 · price vs size
$0$200K$400K1k2k2k2k
33 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 5 in the current window.
Sellers who gave up · failed listings per year
02462006200820102012201420242026
Canceled, expired, or withdrawn. 7 quit in 2007; 2 so far in 2026. The clearest stress gauge a community has.

If we were buying in Tampa Palms Area 2 Unit 5B 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 Tampa Palms Area 2 Unit 5B.

Best Buy
Buyers who want an established Tampa Palms address and are comfortable in a slower market.
Biggest Risk
Only five closings anchor this snapshot, so comps are thin and condition varies widely.
Sweet Spot
A well-maintained or updated home bought patiently at a realistic, current-market price.
Avoid If
You need to buy or sell fast or expect quick momentum.

A settled section repricing in real time

With 103 homes and a homestead share around 72%, this is a section where most owners are in for the long haul, which keeps inventory thin and turnover slow. The narrow construction window means floor plans and lot sizes are fairly consistent, so the real variable between listings is how much work an owner has put in over the decades since the early 1990s.

The 100-day median days-on-market and the 10% year-over-year decline tell you the market is actively recalibrating. Only five closings anchor this window, so read individual comps carefully rather than leaning on the median alone. A dated home and a refreshed one can carry very different real values even at similar asking prices.

The location and the amenities are priced into every listing in Tampa Palms Area 2 Unit 5B. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.7C- · Buy Score
Recent Direction3.5/10
Owner Commitment7.2/10
Pricing Power3.3/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.7). Basis: Recent Direction -10.0% year-over-year; Owner Commitment 72% owner-occupied; Pricing Power 90.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

With a thin closings window and a wide condition-driven spread, the median alone will not tell you what a specific home is worth. We walk the actual comps, weigh renovation level against original-condition sales, and price or negotiate against a market that is clearly moving — not against last year's number.

Tampa Palms Area 2 Unit 5B in 15 seconds.

Best forBuyers who want an established Tampa Palms address and are comfortable in a slower market.
Biggest advantagePrices are down year over year and homes sit long enough to give buyers negotiating room.
Biggest riskOnly five closings anchor this snapshot, so comps are thin and condition varies widely.
Sweet spotA well-maintained or updated home bought patiently at a realistic, current-market price.
Avoid ifYou need to buy or sell fast or expect quick momentum.

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 Tampa Palms Area 2 Unit 5B sales matched to your home.

What is your Tampa Palms Area 2 Unit 5B home worth?

Get a no-obligation home value based on real comparable sales in Tampa Palms Area 2 Unit 5B, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Frequently Asked Questions

What is the median home price in Tampa Palms Area 2 Unit 5B?
The median sale price in Tampa Palms Area 2 Unit 5B was $405K over the 12 months ending July 13, 2026 (5 closed sales, Stellar MLS).
How long do homes in Tampa Palms Area 2 Unit 5B take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 100 days on market (5 sales, Stellar MLS).
How many homes are in Tampa Palms Area 2 Unit 5B?
The Florida DOR 2025 assessment roll shows 103 homes in Tampa Palms Area 2 Unit 5B (public records).
What share of Tampa Palms Area 2 Unit 5B is owner-occupied?
72% of Tampa Palms Area 2 Unit 5B parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Tampa Palms Area 2 Unit 5B built?
Homes in Tampa Palms Area 2 Unit 5B were built between 1989 and 1996, with a median year built of 1990.0 (FL DOR 2025 roll).
Do cash buyers compete in Tampa Palms Area 2 Unit 5B?
Cash buyers took 50% of Tampa Palms Area 2 Unit 5B sales in the 12 months ending June 2026 (2 of 4 closings, Stellar MLS).
Who is the best real estate agent for Tampa Palms Area 2 Unit 5B?
The best agent for Tampa Palms Area 2 Unit 5B is one who actively works Tampa 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 Tampa Palms Area 2 Unit 5B.
How do I find a top Tampa real estate agent who knows Tampa Palms Area 2 Unit 5B?
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 Tampa Palms Area 2 Unit 5B and the wider Tampa area.
Can Momentum Realty connect me with an agent for Tampa Palms Area 2 Unit 5B?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tampa Palms Area 2 Unit 5B purchase or sale - no call center and no pressure.
Long-hold buyers around the mid-$400,000s who value a mature, low-turnover setting over new constructionExcellent fit
Buyers willing to trade a longer search and negotiation for a home near the $405,000 medianExcellent fit
Renovation-minded buyers ready to take on an original-condition home and price the work inExcellent fit
Buyers who need to close and move on a short timelineProbably not
Sellers unwilling to price to a market that is down 10% year over yearProbably not
Buyers expecting a fast-appreciating, high-turnover market with plenty of comparable salesProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33647))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (33 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.

Windows contain 0 to 7 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Every sale since 2012 · price vs size
$0$200K$400K1k2k2k2k
33 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 5 in the current window.
Sellers who gave up · failed listings per year
02462006200820102012201420242026
Canceled, expired, or withdrawn. 7 quit in 2007; 2 so far in 2026. The clearest stress gauge a community has.

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33647))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (33 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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