Terrace Oaks Townhomes market snapshot (as of June 24, 2026): the median sale price is about $235K ($196 per sq ft), with homes averaging 2 days on market and 12.0 months of supply, a buyer-leaning market (limited data). Based on 1 recent closings in live Stellar MLS data.
Terrace Oaks Townhomes is an established attached-home community in the Temple Terrace area of Tampa, in Hillsborough County, with recent sales recorded on streets such as Councils Way and Serena Drive in ZIP 33617 (Homes by Marco subdivision record, 2026). Public listing records describe it as a mix of townhouse, villa, and condo style residences rather than a single uniform product, so the exact property type matters per unit.
The community was built across the 1958 to 1986 era, with homes generally ranging from roughly 868 to 1,398 square feet (Homes by Marco subdivision record, 2026). That makes this an older, value tier community where the age of the roofs, systems, and structures, and the strength of the HOA reserves, drive the real cost of ownership more than the asking price does. Confirm the exact age, size, and property type for any specific unit.
Because the buildings carry age, the money is made or lost on the association and the unit, not on the address. The drivers are the monthly HOA dues, the reserve funding, any planned special assessments, the condition of the roof, plumbing, and electrical, and the specific unit. Listing records cite HOA dues in a range that varies by property type, so read the current dues, the reserve study, and any pending assessments from the latest association documents.
The pitch is an established, walkable address near the Hillsborough River, the city of Temple Terrace, the University of South Florida, and the Interstate 75 corridor, with downtown Tampa a manageable drive. The work is the diligence: read the budget and reserves, inspect the systems and the roof, confirm the property type and the flood posture, and price the unit condition before you buy.