Terrace Park Of Five Towns in St Petersburg

Terrace Park Of Five Towns
Condos for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County · ZIP 33709
Median sale $123K
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Built fromLive Stellar MLS data6 years of closingsUpdated twice daily

As of November 2026, Terrace Park Of Five Towns in St Petersburg, FL has 24 homes for sale and 4 pending, asking from $79,900 to $289,900 (median $167,500). Over the 12 months ending 2026-11-13, 23 recorded sales closed at a median of $123,000, $120 per square foot, a median 58 days on market, sellers accepting 88% of original asking. Homes listed or recently sold were built 1977 - 1987; 9 of 40 report an HOA (median $788/mo); 27 of the 40 geocoded homes sit in a FEMA special flood hazard zone (median elevation 9 ft). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $2,380 ($1,570 with the full homestead exemption).

Last 30 days in Terrace Park Of Five Towns: 8 new listings (median asking $146,250), 4 under contract right now, 3 closed sales (median $105,000). As of November 13, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Terrace Park Of Five Towns Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$123K
Median sold · 12 mo
$120/sf
Sold $/sqft · 12 mo
peak $120 in 2026
87.6%
Sale vs ask
Pinellas median: 94.1%
Tempo
12.5mo
Supply
3 to 6 months is the balanced band
58days
Median DOM · closed
58 days at the 2026 low
14%
Under contract
Pinellas: 18% (1,584 of 8,696)
24 · 4
For sale · pending
live counts, refreshed twice daily
23
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 6 years of records
1,135sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Terrace Park Of Five Towns

Live MLS inventory for Terrace Park Of Five Towns. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Terrace Park Of Five Towns listings as of 2026-11-13, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2020 through 2026. Tap any home to ask about it.

Terrace Park Of Five Towns Housing Pulse · Momentum Research · as of November 13, 2026

Terrace Park Of Five Towns right now

🟢 Buyer-leaning market. 12.5 months of supply and 14% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of November 13, 2026. Confidence: Very High (28 active and pending listings, 23 closed sales in 12 months).

What's unique here: the median sale price is about 69% below the typical Pinellas County sale ($123K vs $395K, trailing 12 months, Stellar MLS records).

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

· Updated November 14, 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

Terrace Park Of Five Towns market snapshot (as of November 13, 2026): the median sale price is about $123K ($120 per sq ft over the trailing 12 months of closed sales), a median 58 days on market for closed sales, and 12.5 months of supply, a buyer-leaning market.

In ZIP 33709 (St Petersburg), 134 homes closed in the last 12 months at a median of $320K ($242/sq ft), down 0.8% year over year, with a median 33 days on market. Right now 84 active and 14 pending listings put supply at about 7.5 months - a balanced market. See the live ZIP 33709 housing market and the Pinellas County market.

Stellar MLS sales records identify 191 homes in Terrace Park Of Five Towns that have changed hands since 2014, built between 1974 and 1991 (median 1980), with a median living area of about 1,100 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Flood zones in Terrace Park Of Five Towns: of 13 listing addresses checked against the FEMA National Flood Hazard Layer, 15% sit outside the FEMA Special Flood Hazard Area (Zone X); 85% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in St Petersburg.

Windows contain 0 to 23 sales each (23 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 2020 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
010202020202220242026
0 to 23 a year; 23 in the current window.
How much local inventory is already under contract

14% of homes for sale in Terrace Park Of Five Towns are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-14).

Terrace Park of Five Towns Market Scorecard

Strong buyer's market

Terrace Park of Five Towns is currently a strong buyer's market. About 24.0 months of supply, a median asking price of $167,500, and homes go under contract in about 78 days.

24.0
Months supply
$167,500
Median list
$157,500
Median sold
$148
Per sqft
78
Days on mkt
24/4/12
Active/Pend/Sold

Typical home value in the 33709 ZIP is $263,112, about 3.4% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Schools

In short
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pinellas County Public Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Terrace Park Of Five Towns listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Terrace Park Of Five Towns address.

Recent Developments in Terrace Park Of Five Towns

Development, infrastructure, retail, and school activity affecting Terrace Park Of Five Towns, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

Dev Momentum79/100 · High
  1. October 2026
    Market

    North St. Petersburg FedEx warehouse sells for $58.2M, $36M below 2021 price

    A 236,976 square foot FedEx Ground distribution center at 1950 102nd Avenue N. on about 63 acres near I-275 sold for $58.2 million, versus $94.5 million in 2021. FedEx has operated there since 2017 and the deed shows no change to its lease. The article ties the sale to higher borrowing costs facing the prior owner.

    What it may mean for the marketThe sale points to repricing in Pinellas industrial property while the last-mile logistics hub keeps operating near I-275. The site is about 3 miles east of Terrace Park Of Five Towns.

    Source: St. Pete Catalyst
  2. October 2026
    Development

    Humane Society of Tampa Bay to open Clearwater clinic on State Road 590

    The nonprofit's clinic at 2907 State Road 590, Suite 5, near its Clearwater shelter opens Nov. 2, with a grand opening Nov. 12. It offers vaccinations, wellness exams, microchipping, lab work and X-rays by appointment, with spay and neuter services planned later.

    What it may mean for the marketA new low-cost veterinary option near the SR 590 corridor adds a neighborhood service amenity in central Clearwater. The project is about 9 miles north of Terrace Park Of Five Towns, elsewhere in Pinellas County.

    Source: St. Pete Catalyst
  3. October 2026
    Development

    ClearView apartments complete at $1 billion Echelon City Center in St. Petersburg

    The 363-unit ClearView community, with ground-floor retail, is complete within the Echelon City Center development by Third Lake Partners and Echelon. A 3rd & 3rd residential high-rise with ground-floor retail is expected to open in the first quarter of 2027.

    What it may mean for the marketNew downtown apartments and walkable retail add rental inventory and amenities in central St. Petersburg. The project is about 7 miles southeast of Terrace Park Of Five Towns, elsewhere in Pinellas County.

    Source: Tampa Bay Business and Wealth
  4. July 2026
    Development

    St. Pete advances housing plan for nine vacant city lots

    The St. Petersburg City Council unanimously approved a first reading of an ordinance to place a measure on the November 3 ballot that would remove nine vacant city lots in Methodist Town from the city's Charter Park and Waterfront Map. The change would allow up to 41 units of affordable or workforce housing, with four lots planned for single family homes and five larger parcels for multifamily housing. The lots have held park designations since 1984 but have remained vacant.

    What it may mean for the marketAdvances a plan to convert nine vacant city lots into new single family and multifamily housing, adding to local housing inventory. Placing the parcels on the ballot could open long dormant land for residential construction. The project is about 7 miles southeast of Terrace Park Of Five Towns, elsewhere in Pinellas County.

    Source: St Pete Catalyst
  5. July 2026
    Infrastructure

    St. Pete approves temporary downtown dock for Tampa Bay ferry

    The St. Petersburg City Council approved a temporary ferry dock on Bayshore Boulevard near the Vinoy in downtown St. Petersburg under a three-year contract costing about 324,200 dollars. Hubbard's Marina will operate cross bay service between downtown St. Petersburg and the Tampa Convention Center, with two vessels running year round. Service is expected to begin in October or November.

    What it may mean for the marketEstablishes a temporary downtown dock and cross bay ferry connection, adding a new transit option and waterfront infrastructure serving the downtown St. Petersburg market. The project is about 8 miles southeast of Terrace Park Of Five Towns, elsewhere in Pinellas County.

    Source: FOX 13 Tampa Bay
  6. July 2026
    Development

    Blake-Related team selected to redevelop 86-acre Historic Gas Plant District

    St. Petersburg selected a bid led by Blake Investment Partners, with the Related Group as co-developer, to redevelop the 86-acre Historic Gas Plant District at the Tropicana Field site. The roughly 8.1 billion dollar mixed use plan calls for more than 3,600 income-restricted residential units, a 13-acre central park, and office, retail, hotel and civic space over an estimated 20-year buildout. The developers plan to purchase about 58 acres while the city retains roughly one third.

    What it may mean for the marketAdds a large mixed use district with thousands of new residential units, a central park, and office, retail, hotel and civic space to the downtown St. Petersburg market. Redevelopment of the Tropicana Field site reshapes the surrounding property landscape and expands housing supply. The project is about 7 miles southeast of Terrace Park Of Five Towns, elsewhere in Pinellas County.

    Source: Florida YIMBY

Development alerts for Terrace Park Of Five TownsGet a short monthly email when something new is approved, funded, or opens near Terrace Park Of Five Towns.

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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.

If we were buying in Terrace Park Of Five Towns 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Terrace Park Of Five Towns.

A closer look at the Terrace Park Of Five Towns market

At a median of $120 per square foot, Terrace Park Of Five Towns prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 12.5 months of supply, a buyer-leaning market. Homes that do trade take a median 58 days on market, useful leverage on any listing that has lingered.

“

The location and the amenities are priced into every listing in Terrace Park Of Five Towns. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Terrace Park Of Five Towns sales matched to your home.

What is your Terrace Park Of Five Towns home worth?

Get a no-obligation home value based on real comparable sales in Terrace Park Of Five Towns, 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 Terrace Park Of Five Towns on the map →

Real comps, not an automated estimate.

Recently off market in Terrace Park Of Five Towns

Homes in Terrace Park Of Five Towns that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 15 on record.

Terrace Park Of Five Towns key facts
LocationSt Petersburg, Pinellas County, FL · ZIP 33709
Home types (current listings and sales)condos 100%
Amenities listed by sellersPool, Clubhouse, Fitness Center, Tennis Court(s), Buyer Approval Required, Deed Restrictions
Sale prices, last 12 months$123,000 median across 23 closed sales · $120 per sq ft
Days on market (closed sales)58 median
For sale right now24 active, 4 pending · median asking $167,500 · 12.5 months of supply
Zoned public schoolsPinellas County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply

Data as of November 13, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2020 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Terrace Park Of Five Towns key facts,” movewithmomentum.com/neighborhoods/terrace-park-of-five-towns, data as of November 13, 2026.

Housing distress & ownership in Terrace Park Of Five Towns, St Petersburg

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
3.7%
1 of 27 listings · short sale 1
Distress share trend - 3.7% now (2026-08-10 → 2026-11-13)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period November 2026 through November 2026. Deemed reliable but not guaranteed.

Just listed in Terrace Park Of Five Towns

The newest homes for sale in Terrace Park Of Five Towns right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Terrace Park Of Five Towns Right Now (28)

All 28 active and pending Terrace Park Of Five Towns listings with a detail page, newest first, refreshed twice a day from the MLS.

What it really costs to own in Terrace Park Of Five Towns

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $787/month across 10 MLS listings (most billed monthly; 2026-11-14). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Pinellas County is $1,911/yr (20,791 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 13 listing addresses checked against the FEMA flood map, 15% sit outside the high-risk zone and 85% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 1980 across 36 listings. An original roof here would be about 46 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Terrace Park Of Five Towns

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Terrace Park Of Five Towns Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Terrace Park Of Five Towns Condos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Terrace Park Of Five Towns?
The median sale price in Terrace Park Of Five Towns was $123K over the 12 months ending November 13, 2026 (23 closed sales, Stellar MLS).
How long do homes in Terrace Park Of Five Towns take to sell?
Homes that closed in the 12 months ending November 13, 2026 took a median 58 days on market (23 sales, Stellar MLS).
Is Terrace Park Of Five Towns a buyer's or seller's market right now?
As of November 13, 2026, Terrace Park Of Five Towns leans toward buyers: 12.5 months of supply at the current sales pace (Stellar MLS live counts).
What schools serve Terrace Park Of Five Towns?
Terrace Park Of Five Towns is served by Pinellas County Public Schools, typically Pinellas County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Terrace Park Of Five Towns?
The best agent for Terrace Park Of Five Towns is one who actively works St Petersburg 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 Terrace Park Of Five Towns.
How do I find a top St Petersburg real estate agent who knows Terrace Park Of Five Towns?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Terrace Park Of Five Towns and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Terrace Park Of Five Towns?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Terrace Park Of Five Towns purchase or sale - no call center and no pressure.
Where is Terrace Park Of Five Towns, and what county is it in?
Terrace Park Of Five Towns is in St Petersburg, Pinellas County, FL, ZIP 33709. The community's center is about 8 miles northwest of the center of St Petersburg (straight-line).
Is Terrace Park Of Five Towns in a flood zone?
Partly. Of 13 homes we sampled in Terrace Park Of Five Towns, 15% sit outside a FEMA Special Flood Hazard Area (Zone X) and 85% are inside one (Zone A or AE), where a lender requires flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Terrace Park Of Five Towns a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Terrace Park Of Five Towns: the median sale price over the last 12 months was $123K (23 sales), 71% below the St Petersburg median of $420K; homes took a median 58 days to go under contract; listings report Pinellas County Public Schools (verify by address), Confirm zoned elementary, middle, and high, Magnet and choice options may apply as the zoned schools; supply is 12.5 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: November 13, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending November 13, 2026
Under-contract sharesStellar MLS records, as of 2026-11-13
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2020 (27 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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