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Terrace Park

Terrace Park

Neighborhood Reviews
3.5
$295,392 Average Value
$391 Average Price per Sq Ft
8 Homes For Sale

Thrilling theme parks right in the neighborhood

Terrace Park is where tourists come for the thrilling rides and animal safaris at Busch Gardens Tampa Bay and the water amusements at Adventure Island. For residents, Terrace Park is a sleepy North Tampa suburb of apartment buildings and ranch-style homes with the sights and sounds of rollercoasters practically in their backyards. Its development was spurred by the opening of the theme parks and the adjacent University of South Florida (USF) campus in the late 1950s. Also nearby is the Moffitt Cancer Center, which counts multiple treatment facilities. "The Moffitt Cancer Center is a really well-known treatment center; lots of residents work there and at the USF campus," says Lorynn Gavin, a broker with Out Fast Realty and a longtime Tampa resident.

A mix of renters and owners in Terrace Park

Approximately 68% of residents in Terrace Park are renters living in small apartment complexes or single-family houses. Established Florida ranch-style homes dot the streets, with a handful of split-level and contemporary houses mixed in. Yards tend to be on the larger side, with tall, mature trees. Some streets feature sidewalks. Single-family houses typically range from $325,000 to $425,000. Townhouses are priced from around $150,000 to $260,000, and some townhouse complexes feature amenities like community clubhouses. Flooding can be an issue in the general Tampa region but the city has invested millions of dollars into preventative measures to mitigate damage from storm surges.

Walk to Busch Gardens, Adventure Island and USF

One of Terrace Park's main attractions is having Busch Gardens Tampa right in the neighborhood. "My children took full advantage of the annual passes when we lived there," says Jeff Curtis, broker and owner of Curtis Real Estate Services and a former Terrace Park resident. "The park was within walking distance, so my kids would go after school." Wildlife performances and exotic animal habitats are spread throughout the park, along with spine-tingling rollercoasters. Across the street, Adventure Island Water Park is a big draw, especially on scorching summer days, with lazy rivers and waterslides. Noise from the theme parks is audible in some parts of the neighborhood, and there can be traffic, but it is mainly confined to the less-residential side, along 40th Street. Other places of interest include the Museum of Science and Industry, which has a planetarium and NASA-sponsored Moonbase simulation, and the USF Botanical Garden on the university campus.

Takomah Trail Park is a neighborhood green space

There's more to the neighborhood than just theme parks. The Takomah Trail Park has gazebos and docks overlooking a pond and trails winding through wetland forest. The Terrace Park Neighborhood Association organizes clean-ups and other community events at the park. There's also the Greco Softball Complex, featuring four lighted softball fields where several local tournaments are held throughout the year.

Plenty on tap at the Yuengling Brewing Company

Most shopping and dining options are along Fowler Avenue, 56th Street and Busch Boulevard--along the neighborhood's perimeter. They include Middle Eastern and African restaurants like Queen of Sheba, with Ethiopian fare, and Petra Middle Eastern Cuisine. Terrace Park is also home to the Tampa campus of the Yuengling Brewing Company, which features a taproom, restaurant and live music. There are two Publix-anchored shopping centers in the neighborhood.

High marks for King High School

Public school students are served by the Hillsborough School District. Temple Terrace Elementary and Greco Middle have C-ratings on Niche. King High School, rated A-minus on Niche, is an International Baccalaureate school with one of the country's highest rates of IB degree recipients. Residents also have options for private and charter schools in the neighborhood, such as Woodmont Charter and Village of Excellence Academy Middle.

Downtown Tampa is nearby via I-275

The University of South Florida is within walking distance, just across Fowler Avenue. Residents have easy access to freeways, including Interstate 275, and Downtown Tampa is 9 miles south of Terrace Park.
Ian Burke
Written By
Ian Burke
Raif Fluker
Photography Contributed By
Raif Fluker
Samantha Houtchens
Video By
Samantha Houtchens

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Alyssa Getzoff, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Tampa International

27 min drive

Bus

Serena & Connechusett Westbound

Bus

56th St & Serena Dr

Bus

Stop 504

Bus

Busch Blvd & 42nd St

Bus

30th St & Bougainvillea Av

Bus

Museum Of Science And Industry

Bus

Mckinley Dr & Bougainvillea Av

Reviews

Niche Reviews
3.5 2 Reviews
2.0 Current Resident
1/14/2024 Niche Review
Literally da hood bro they be shooting and people get arrested for drug dealing, not very safe, especially in southern terrace park, closer to Busch. I got robbed 3 times and not many homeowners plus a lot of renters.
Are you familiar with the Terrace Park neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Terrace Park US
Homicide 5 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 6 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Terrace Park Demographics and Home Trends

Housing Trends

Median List Price
$442,000
Median Sale Price
$534,459
Median Single Family Sale Price
$477,229
Median Townhouse Sale Price
$565,000
Median 2 Bedroom Sale Price
$735,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
22
Median Home Sale Price YoY Change
-12%
Average Price Per Sq Ft
$391

Neighborhood Facts

Number of Homes in Neighborhood
2,019
Number of Homes for Sale
8
Median Year Built
1977
Months of Supply
4.40
Average Single Family Home Size Sq Ft
1,446
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,278
Average 2 Bedroom Size Sq Ft
978
Median Lot Size Sq Ft
6,969

Open Houses

  • Saturday, Aug 2
    1 - 3pm

    5317 Terraza Ct, Temple Terrace, FL 33617

    $238,000

    • 2 Beds
    • 2.5 Baths
    • 1,479 Sq Ft
    • 5317 Terraza Ct
    • New 19 days ago

    Welcome to this charming townhouse nestled in the heart of Temple Terrace. This home offers a perfect blend of comfort and convenience, featuring a spacious open floor plan ideal for both relaxing and entertaining. The first floor boasts a spacious living room, a beautiful kitchen with modern cabinetry, granite countertops, walk-in pantry, and stainless-steel appliances, as well as a cozy

    Chris Galvis BHHS FLORIDA PROPERTIES GROUP

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  • Saturday, Aug 2
    1 - 3pm

    9618 N 55th St, Temple Terrace, FL 33617

    $460,000

    • 3 Beds
    • 3 Baths
    • 1,633 Sq Ft
    • 9618 N 55th St

    Beat the Florida Heat in Your Own Backyard Oasis! This charming 3-bedroom, 2-bath home with a detached studio "casita" is tailor-made for easy summer living—complete with a sparkling private pool to help you stay cool all season long. Nestled on a quiet dead-end street in the heart of the metro Tampa Bay area, this home offers the perfect blend of comfort, flexibility, and laid-back Florida

    Kathy Van Wert VAN WERT REAL ESTATE SVCS.,LLC

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Alyssa Getzoff, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
13,401
Median Age
32
Population Density
7 ppl/acre
Population under 18
23.6%
On par with the national average
23.8%
Population over 65
13%
Below the national average
19.1%

Finances

Median Household Income
$34,390
Significantly below the national average
$71,702
Average Household Income
$45,777

Education and Workforce

High School Graduates
78.8%
Below the national average
89.1%
College Graduates
20.2%
Below the national average
34.1%
Advanced Degrees
7.2%
% Population in Labor Force
57.5%

Weather

Annual Precipitation
53''
Average Winter Low Temperature
51°F
Average Summer High Temperature
90°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

45 / 100

Car-Dependent

Walk Score®

39 / 100

Some Transit

Transit Score®

26 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Terrace Park