Why Live in Plaza Terrace
Plaza Terrace in Tampa is a neighborhood characterized by its mid-century ranch-style homes, many featuring limestone, stucco, or brick exteriors in vibrant colors. The area is known for its community-centric atmosphere, with Al Lopez Park serving as a central hub. This 132-acre park offers a 1.2-mile loop for jogging and dog walking, a dog park, fishing pier, and the Cordelia B. Hunt Center, which includes a craft room, computer lab, and fitness center. Plaza Terrace's Latin influence is evident in local dining options like Mr. Empanada and Adriana’s Mexican Bar & Grill, and shopping at Fresco y Más. For more extensive shopping, residents can visit Walter’s Crossing and International Plaza and Bay Street, located 4 miles from Tampa International Airport. The neighborhood is conveniently situated near major thoroughfares like U.S. Route 92 and I-275, providing access to downtown Tampa and surrounding areas. Public transportation is available via HART buses. Families in Plaza Terrace benefit from the highly rated Hillsborough High School, part of the Hillsborough County Public Schools district. The proximity to Raymond James Stadium and George Steinbrenner Field adds to the local attractions, while St. Joseph’s Hospital offers nearby medical services. Although air traffic noise from the airport, 4 miles away, may be a concern, the neighborhood's diverse amenities enhance its appeal.
Frequently Asked Questions
Is Plaza Terrace a good place to live?
Plaza Terrace is a good place to live. Plaza Terrace is considered car-dependent and bikeable with some transit options. Plaza Terrace is a suburban neighborhood. Plaza Terrace has 6 parks for recreational activities. It is somewhat dense in population with 8.3 people per acre and a median age of 41. The average household income is $52,038 which is below the national average. College graduates make up 18.3% of residents. A majority of residents in Plaza Terrace are renters, with 72.3% of residents renting and 27.7% of residents owning their home. A
local real estate agent serving Plaza Terrace can help you decide if this neighborhood is the right one for you. Learn more on our
Plaza Terrace neighborhood guide.
Is Plaza Terrace, FL a safe neighborhood?
Plaza Terrace, FL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Plaza Terrace?
The median home price in Plaza Terrace is $429,000. If you put a 20% down payment of $85,800 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $2,210 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $95K a year to afford the median home price in Plaza Terrace. The average household income in Plaza Terrace is $52K.
What are the best public schools in Plaza Terrace?
The best public schools that serve Plaza Terrace are:
What are the best private schools in Plaza Terrace?
The best private schools that serve Plaza Terrace are:
What are the most popular zip codes in Plaza Terrace, Tampa, FL?
What are the most popular neighborhoods near Plaza Terrace, Tampa, FL?
Home Trends in Plaza Terrace, FL
On average, homes in Plaza Terrace, Tampa sell after 39 days on the market compared to the national average of 50 days. The median sale price for homes in Plaza Terrace, Tampa over the last 12 months is $425,000, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$425,000
Median Single Family Sale Price
$472,499
Median Townhouse Sale Price
$175,000
Median 2 Bedroom Sale Price
$175,000
Average Price Per Sq Ft
$276
Number of Homes for Sale
14
Last 12 months Home Sales
37
Median List Price
$429,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
15%