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Neighborhood · Tampa, Florida

Plaza Terrace

Central Tampa living with real value and quick commutes

3

Homes for sale

$499,000

Median list price

$266

Avg price / sqft

88

Median days on market

Search Plaza Terrace on the map

Plaza Terrace sits in the middle of Tampa's grid, close enough to the energy of neighborhoods like Old Seminole Heights and the redeveloping 40th Street Corridor while keeping a quieter, residential feel of its own. With both Tampa International Airport and Downtown Tampa each about 19 minutes away, this is a neighborhood that rewards people who want to be central without paying a premium to live on the water or in a gated community.

The market here is small and moves at a measured pace. There are just 3 active listings right now with a median list price of $499,000, while homes that actually closed over the past year sold at a median of $392,500 — a gap worth understanding before you write an offer. Sellers are getting about 97% of asking and homes take a median of 55 days to sell, so buyers who do their homework have genuine room to negotiate.

Plaza Terrace is a community in Tampa, Florida.

Quick facts

$329,900 – $625K price range

1,924 sqft median home

$2,450/mo median rent

18 sold in 12 months

Drive times

Tampa Int’l Airport (TPA)≈ 19 min
Downtown Tampa≈ 19 min

On the market now

Homes for sale in Plaza Terrace

Every active listing inside the Plaza Terrace boundary

Open full map search →

Find your fit

Browse Plaza Terrace

By feature — on the live map

Where the market lives

1
1
1
$300K–$400K$400K–$500K$500K–$750K

The numbers that matter

The Plaza Terrace market

18

Sold, last 12 months

$392,500

Median sold price

97%

Sale-to-list ratio

What sellers actually get vs asking

11 days

Median time to sell

Plaza Terrace vs Tampa

Median list price

Plaza Terrace$499K
Tampa Co.$435K

Price per sqft

Plaza Terrace$266
Tampa Co.$341

Days on market

Plaza Terrace88d
Tampa Co.64d

Median sold price — 3-yr, 3-mo rolling

▼ 23.8% yr/yr

$290K$398K$505KDec ’23Aug ’26

Homes sold per month

024Dec ’23Aug ’26

Live Stellar MLS data — every listing and closed sale inside the Plaza Terrace boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Plaza Terrace is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Plaza Terrace home

≈ $2,975/mo

Principal & interest $2,629
Property tax $136
Insurance (est.) $210

$499,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$2,450/mo

Median rent

Homes for rent inside the boundary

Population

1,980

Median age

38

Median income

$45,186

Median home value

$234,100

Beyond the listings

Living in Plaza Terrace

Food & Drink

Top 5% in the U.S.

Fueling for Fitness

A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.

Relationships

Top 10% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Beliefs

Top 11% in the U.S.

Politically Engaged

Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.

Active

Top 13% in the U.S.

Organized Sports

From tryouts and casual pick-up games, to varsity tournaments and intramural matches, this population includes people who participate in organized athletics. Often through schools or public recreational areas.

Entertainment

Top 14% in the U.S.

Competitive Nature

These folks have their head in the game. Whether it's creating a card game tournament with friends or cheering on the home team, these people want to win.

Active

Top 15% in the U.S.

Functional Fitness

Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.

People who close here

Our Tampa experts

Straight answers

Plaza Terrace FAQs

Is Plaza Terrace a good place to live?+

It's a solid pick for buyers who want to be centrally located in Tampa without the price tag of waterfront or gated areas. You're about 19 minutes from both Downtown Tampa and the airport, and close to established neighborhoods like Lake Magdalene and Old Seminole Heights. Assigned schools include Hillsborough High School and Pierce Middle School.

Is Plaza Terrace expensive?+

It's reasonably priced for central Tampa. The median list price is $499,000, but homes actually sold over the past year at a median of $392,500, so real closing prices tend to land well below the asking headlines. Compared with pricier corners of the Tampa market, this neighborhood offers more house for the money.

What do homes cost in Plaza Terrace?+

Active listings range from $329,900 to $624,990, with a median list of $499,000 and an average of $266 per square foot. The typical home is around 1,924 square feet. Keep in mind the median sold price over the last 12 months was $392,500, which is your best gauge of true value.

How is the market in Plaza Terrace?+

It's a small, steady market — just 3 active listings and 18 sales in the past year. Homes take a median of 55 days to sell and sellers net about 97% of their asking price, which signals a balanced dynamic where prepared buyers can negotiate. Inventory is tight, so be ready to act when the right home appears.

What about HOA fees and property taxes?+

Property taxes are a highlight here, with a median of about $1,629 per year — low for a central Tampa location. HOA data isn't tracked for this neighborhood, which generally means most homes aren't tied to a mandatory association. Always confirm any fees on a specific property before closing.

Keep exploring

More Tampa neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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