Terrace Park
of Five Towns Homes for Sale in St. Petersburg, FL

Terrace Park of Five Towns is an established 55+ condominium community in St. Petersburg, in the 33710 ZIP, part of the larger Five Towns community, one of the city's largest age-qualified condo communities. Public sources describe four, five, and six story elevator buildings built between 1972 and 1987, with one and two bedroom condos roughly 600 to 1,900 square feet.

The appeal is resort-style amenities at an attainable price: public sources describe clubhouses, multiple outdoor pools, a fitness center, and courts for tennis, bocce, and shuffleboard, with the monthly condo fee covering many shared costs. It is a legally designated 55+ community under the federal Housing for Older Persons Act, which sets the age-qualified character.

The defining read here is the association, not the unit. Florida's strengthened condo-safety laws now require structural integrity reserve studies and milestone inspections for older buildings three stories and up, which is pushing fees and, in some communities, special assessments higher statewide. Before you buy, read a specific building's condo fee, reserves, the most recent inspection and reserve study, and any pending or recent special assessment.

For buyers 55 and older who want an amenity-rich, low-maintenance condo near the Gulf beaches and downtown St. Pete at an attainable price, Terrace Park of Five Towns is one of the established options. The work is reading the association financials and the milestone-inspection picture honestly before you fall for the amenities or the list price.