
5925 TERRACE PARK DRIVE N UNIT 111, ST PETERSBURG, FL, 33709
Active157 days on marketListed Mar 14, 2026MLS #TB8486819
About this home
5925 TERRACE PARK DRIVE N UNIT 111
PURCHASE or RENT TO OWN (Lease Purchase). OR Straight rental for $1,790/month. (Listed as a rental see MLS#: TB8530870). A RARE OPPORTUNITY to own a spacious Ground floor, quiet END UNIT CONDO (130 SQ ft Larger Living Area then the other units). Access Ramp from the parking area right to your door! PRICED TO SELL and PRICED BELOW ALL comps here in 5 towns! RENT TO OWN and even OWNER FINANCING are possible (please inquire). 2 Bedroom, 2 Full BATHS - RAISED GROUND Floor, Private COVERED parking spot - Private CORNER home, Screened Lanai, COVERED deeded parking spot (ONLY 17 steps from your front door). Raised ground floor, no stairs and no flooding ever. Make this home your permanent retirement community home today or Secure this property now and make it your Winter retreat. Or make it your rental and generate steady, secure cash flow with a 9% Cap rate (at $2000/mo rent)! This is one of only 4 designated rentals here at Arlington (and an even rarer... only 1 of the 14% rent-able units allowed in this whole 5 Towns community!). You won't find a better value than this private corner unit. With 130 Sq Ft Larger than others, you will have a larger living room and dining area! LEASE PURCHASE TERMS: Option Fee: $7,000. Close within 1 year. Pre-Occupancy Lease: $1790/month. 1st, last and security. With security applied to purchase price at closing. During Pre-occupancy lease, terms are: No Smoking in unit nor on Balcony nor Lanai. Pets allowed as per condo rules. Please inquire for additional terms and requirements. GROUND FLOOR. SPACIOUS and WELL MAINTAINED 2-BED, 2-BATH CORNER CONDO in 5 TOWNS - TERRACE PARK. Plus JUST RECENTLY UPDATED with new kitchen cabinets, counters, lights and appliances! Discover this beautifully maintained ground-floor corner unit in the highly desirable 55+ Terrace Park community at 5 Towns! With pride of ownership throughout, as a corner unit, this spacious 2-bedroom, 2-bathroom condo offers extra living space, with over-sized living room, a lovely screened balcony to enjoy Florida’s beautiful spring nights, and a spacious, primary bedroom with double closets (including 1 walk-in closet!). Enjoy comfort year-round with ceiling fans throughout and a newer A/C unit for efficient cooling. The kitchen features a gas stove, and the gas is included in your maintenance fee—a rare and valuable bonus! If you have a small dog, you’ll love the convenient, rare, private green space right outside—a perfect spot for pets! The community is filled with beautiful park-like vistas and barbecue spaces throughout, perfect for outdoor gatherings. You’ll also have access to six swimming pools, with this unit being conveniently located right across from the largest heated pool with a relaxing jacuzzi! This vibrant and socially active community offers something for everyone, including dances, bingo nights, potluck dinners, tennis courts, billiards, shuffleboard, a fitness room, aerobics and yoga sessions and a card room. Your affordable HOA fee covers cable, internet, HOT water, gas for stove and oven, sewer, and garbage, giving you peace of mind and added savings! Conveniently located near restaurants, shopping, and places of worship, plus just minutes from Bay Pines VA Hospital and only 5 minutes to the beautiful Gulf of Mexico beaches! Don’t miss your chance to own this fantastic condo—schedule your showing today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
960
Sqft
0.8 ac
Lot size
1977
Year built
One
Levels
$135
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.
$1,187 /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
$1,187/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
−24%
$/sqft vs TERRACE PARK OF FIVE TOWNS
$135 vs $167
Days on market
157 vs 58 typical
Where $135/sqft sits among the 27 homes for sale in TERRACE PARK OF FIVE TOWNS
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 St Petersburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
ST PETERSBURG 33709 — neighborhood snapshot
Population
25,371
Median age
53.3
Median income
$52,621
Median home value
$190,300
Avg household
2.2
Households w/ children
1,922
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The St Petersburg market
$380K → $402K
St Petersburg median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
18 of 27
TERRACE PARK OF FIVE TOWNS have cut their price
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 14% below the ST PETERSBURG 33709 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 5925 TERRACE PARK DRIVE N UNIT 111
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
5975 TERRACE PARK DRIVE N UNIT 105 · same community
2 bd · 2 ba · 915 sqft · $126/sqft · 37 DOM
Sold · Oct ’25$53,000
5705 80TH STREET N UNIT 207 · same community
1 bd · 1 ba · 840 sqft · $63/sqft · 55 DOM
Sold · Jan ’26$112,000
5980 80TH STREET N UNIT 408 · same community
1 bd · 1 ba · 840 sqft · $133/sqft · 175 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5925 TERRACE PARK DRIVE N UNIT 111 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5925 TERRACE PARK DRIVE N UNIT 111 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5925 TERRACE PARK DRIVE N UNIT 111 FAQs
What would the monthly payment be for 5925 TERRACE PARK DRIVE N UNIT 111?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,187/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 5925 TERRACE PARK DRIVE N UNIT 111?+
The most recent tax bill on record (2025) was $2,468. 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 5925 TERRACE PARK DRIVE N UNIT 111?+
The listing reports pets: Cats OK, Dogs OK, 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 St Petersburg?+
At $129,700, this home is listed about 70% below the St Petersburg median of $435,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5925 TERRACE PARK DRIVE N UNIT 111?+
Westgate Elementary School (elementary), Dixie M. Hollins High School (high), Tyrone Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the ST PETERSBURG 33709 market on paper
$129,700 is 14% below the ST PETERSBURG 33709 median of $150,000, and at $135/sqft it sits under the St Petersburg average of $380.
02Garden views
The garden view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
157 days on market against a St Petersburg median of 58 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $133,700, now $129,700 — a $4K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COMPASS FLORIDA LLC · John Suleiman. MLS #TB8486819.
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 St Petersburg homes, in your inbox
Like 5925 TERRACE PARK DRIVE N UNIT 111 but not quite? A daily digest of every new listing in St Petersburg — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →


