Terraces At 87Th Townhomes
Homes for Sale in St. Petersburg, FL

Community in St Petersburg · Pinellas County · ZIP 33702
156 homesBuilt 1925–2024
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Built fromLive Stellar MLS data1 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Terraces At 87Th Townhomes Phase I Lot 16 in St Petersburg, FL has 3 homes for sale. Homes listed or recently sold were built 2024–2024; 5 of 5 report an HOA (median $392/mo); 5 of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft).

Live · Terraces At 87Th Townhomes Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
18.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Pinellas: 21% (1,729 of 8,357)
3 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
68%
Owner-occupied · Terraces At 87Th Townhomes
112 of 165 parcels homesteaded (FL DOR 2025)
32%
Non-owner-occupied · Terraces At 87Th Townhomes
incl. 14% trust or LLC-held · 2% out-of-state
156
Homes in the community
plus 9 vacant residential lots · 165 residential parcels (FL DOR 2025)
Track record · 1 years of records
Est. 1925
Community established
homes built 1925-2024, median 1966 (FL DOR 2025)

Homes For Sale Right Now in Terraces At 87Th Townhomes

Live MLS inventory for Terraces At 87Th Townhomes. 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 Terraces At 87Th Townhomes listings as of 2026-09-14, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2025 through 2025. Tap any home to ask about it.

Terraces At 87Th Townhomes Housing Pulse · Momentum Research · as of September 12, 2026

Terraces At 87Th Townhomes right now

🟢 Buyer-leaning market. 18.0 months of supply and 0% 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 September 12, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).

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

· Updated September 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The market around Terraces At 87Th Townhomes

Terraces At 87Th Townhomes is too small for its own price trend, so here is the market around it.

In ZIP 33702, 263 homes are on the market and 18% are under contract — a slower corner of St Petersburg.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

ZIP and county figures describe the wider market, not Terraces At 87Th Townhomes specifically. Momentum Research analysis of MLS records.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in Terraces At 87Th Townhomes 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 Terraces At 87Th Townhomes.

A closer look at the Terraces At 87Th Townhomes market

Inventory runs at 18.0 months of supply, a buyer-leaning market.

The housing stock is 156 homes built between 1925 and 2024, and 68% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Terraces At 87Th Townhomes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

In short
  • HOA dues reported around $392/month (about $4,704/yr) · median of 15 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $392 per month ($4,704 a year) — the median AssociationFee across 15 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Terraces At 87Th Townhomes sales matched to your home.

What is your Terraces At 87Th Townhomes home worth?

Get a no-obligation home value based on real comparable sales in Terraces At 87Th Townhomes, 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 Terraces At 87Th Townhomes on the map →

Real comps, not an automated estimate.
How much local inventory is already under contract

16% of homes for sale in ZIP 33702 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 (2026-09-12).

Terraces At 87Th Townhomes Phase I Lot 16 Market Scorecard

Strong buyer's market

Terraces At 87Th Townhomes Phase I Lot 16 is currently a strong buyer's market. About 18.0 months of supply, a median asking price of $819,000, and homes go under contract in about 546 days.

18.0
Months supply
$819,000
Median list
$814,000
Median sold
$414
Per sqft
546
Days on mkt
3/0/2
Active/Pend/Sold

Typical home value in the 33702 ZIP is $309,934, about 5.2% below the Florida norm (Zillow Home Value Index).

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

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

Frequently Asked Questions

Is Terraces At 87Th Townhomes a buyer's or seller's market right now?
As of September 12, 2026, Terraces At 87Th Townhomes leans toward buyers: 18.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Terraces At 87Th Townhomes?
The Florida DOR 2025 assessment roll shows 156 homes plus 9 vacant residential lots in Terraces At 87Th Townhomes (public records).
What share of Terraces At 87Th Townhomes is owner-occupied?
68% of Terraces At 87Th Townhomes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Terraces At 87Th Townhomes built?
Homes in Terraces At 87Th Townhomes were built between 1925 and 2024, with a median year built of 1966.0 (FL DOR 2025 roll).
Who is the best real estate agent for Terraces At 87Th Townhomes?
The best agent for Terraces At 87Th Townhomes 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 Terraces At 87Th Townhomes.
How do I find a top St Petersburg real estate agent who knows Terraces At 87Th Townhomes?
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 Terraces At 87Th Townhomes and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Terraces At 87Th Townhomes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Terraces At 87Th Townhomes purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 14, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 33702))
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2025 (3 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 local comps.

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Schools serving nearby communities

We do not have a confirmed school assignment for Terraces At 87Th Townhomes. These are the public schools most often assigned to other communities in ZIP 33702; zones change and vary by address, so confirm with the district before you buy.

Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).

Nearby Communities

Explore more neighborhoods near Terraces At 87Th Townhomes with Momentum Realty’s local guides.

KJKelly John Alex Bruce0.1 mi awayKJKelly John Alex Goodell0.2 mi awayMHMarilyn Heights0.2 mi awayKJKelly John A0.2 mi awayMHMarilyn Heights0.3 mi awayECEl Centro0.3 mi away · median $365K, 3 sales/12 moTSTrafalgar Square Condo0.3 mi away · 3 for saleKJKelly John A Scarbrough0.3 mi away · median $325K, 4 sales/12 mo

Browse all neighborhood guides →

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