
8649 LAKE ISLE DRIVE UNIT 182, TEMPLE TERRACE, FL, 33637
Active40 days on marketListed Sep 3, 2026MLS #TB8538943
About this home
8649 LAKE ISLE DRIVE UNIT 182
Short Sale. Bring your vision to this renovation opportunity in Meadowood Condominium Village! This 2-bedroom, 1.5-bath condominium offers approximately 1,085 square feet of living space, a one-car covered carport, and an opportunity for an investor or experienced renovation buyer to complete the property to their own specifications. This is a substantial rehabilitation project, but much of the interior demolition appears to have already been completed. Flooring has been removed and portions of the interior have been opened up, giving the next owner a head start on the renovation and an opportunity to redesign finishes from the ground up. The property is not currently in habitable condition and will require significant work prior to occupancy. Meadowood is an established condominium community offering mature landscaping and recreational amenities that include multiple swimming pools, tennis courts, a clubhouse, and walking paths. The community's Temple Terrace location also provides convenient access to USF, area medical centers, shopping and dining, as well as I-75, I-275 and I-4 for travel throughout the Tampa Bay area. For the right buyer, this is an opportunity to take a largely stripped-down interior and create something entirely new without paying for someone else's cosmetic renovation first. Due to the property's present condition, cash or appropriate renovation/hard-money financing is anticipated. Buyers utilizing financing should confirm property-condition requirements directly with their lender prior to submitting an offer. Property is being sold AS-IS and requires substantial rehabilitation. Buyers are strongly encouraged to conduct their own inspections and independently verify the condition and functionality of all systems, components, appliances and improvements, as well as current condominium amenities, fees, restrictions, insurance requirements and association requirements. Agents: Please review all private remarks and MLS supplements prior to scheduling a showing or submitting an offer.
Facts & features
The home at a glance
2
Bedrooms
1.5
Bathrooms
1,085
Sqft
0.02 ac
Lot size
1975
Year built
One
Levels
$115
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,194 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,194/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+16.4%
$/sqft vs Temple Terrace actives
$115 vs $200
Days on market
40 vs 53 typical
Where $115/sqft sits among the 79 Temple Terrace actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Temple Terrace
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Temple Terrace. See the full Temple Terrace guide →
TEMPLE TERRACE 33637 — neighborhood snapshot
Population
17,785
Median age
34.4
Median income
$60,526
Median home value
$213,800
Avg household
2.3
Households w/ children
1,827
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Temple Terrace market
$315K → $450K
Temple Terrace median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
44 of 79
Temple Terrace actives have cut their price
Median sold price, Temple Terrace, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 55% below the TEMPLE TERRACE 33637 median. See the full Temple Terrace market guide →
Paper trail
This home's history
Reality check
What actually sold near 8649 LAKE ISLE DRIVE UNIT 182
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$115,000
6804 N 78TH STREET
2 bd · 1 ba · 1,074 sqft · $107/sqft · 2 DOM
Sold · Nov ’25$205,000
8416 TUPELO DRIVE
3 bd · 2 ba · 1,096 sqft · $187/sqft · 30 DOM
Sold · Apr ’26$315,000
7703 ROBERT E LEE ROAD
3 bd · 2 ba · 1,068 sqft · $295/sqft · 133 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Seth Cabrera - Rothschild
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8649 LAKE ISLE DRIVE UNIT 182 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8649 LAKE ISLE DRIVE UNIT 182 — before you fall in love.
See it in person
Schedule a tour
Live availability from Seth's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8649 LAKE ISLE DRIVE UNIT 182 FAQs
What would the monthly payment be for 8649 LAKE ISLE DRIVE UNIT 182?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,194/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 8649 LAKE ISLE DRIVE UNIT 182?+
The most recent tax bill on record (2025) was $2,917. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 8649 LAKE ISLE DRIVE UNIT 182?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Temple Terrace?+
At $125,000, this home is listed about 63% below the Temple Terrace median of $339,950. The market section on this page shows how the area is trending.
Which schools are assigned to 8649 LAKE ISLE DRIVE UNIT 182?+
Jennings Middle School (middle), Folsom Elementary School (elementary), King High School (high), Patricia Sullivan Metropolitan Ministries Partnership School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of NEXTHOME LUXE COASTAL · Jonathon McLeod, PA. MLS #TB8538943.
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.
Never miss a listing
New Temple Terrace homes, in your inbox
Like 8649 LAKE ISLE DRIVE UNIT 182 but not quite? A daily digest of every new listing in Temple Terrace — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Seth to ping you on any price or status change →


