Real Estate Investing in Temple Terrace, Florida (33617)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33617 (Temple Terrace, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Temple Terrace, FL (33617)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33617 Temple Terrace
The 33617 ZIP covers a section of Temple Terrace that demands careful diligence. Prices near $301K look accessible, but the work to make a deal cash flow is real.
The 33617 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Put differently, 33617 offers a low basis, the region around Temple Terrace has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 33617 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 33617 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Temple Terrace:
Property Strategy for 33617
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $109,080 | $1,720 | 11.4% | +8.5% | $109,080 |
| 2BR | $171,321 | $2,010 | 8.4% | +8.2% | $85,661 |
| 3BR | $314,360 | $2,570 | 5.9% | +8.7% | $104,787 |
| 4BR | $450,764 | $3,130 | 5.0% | +8.5% | $112,691 |
| 5BR | $555,408 | — | — | +9.1% | $111,082 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33617 Compare?
| Metric | 33617 | Temple Terrace | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $301,270 | $300,294 | N/A | $374,697 |
| 5-Year CAGR | 5.7% | 5.6% | N/A | 7.4% |
| Avg Rent | $1,704 | $1,758 | N/A | - |
| Cap Rate | 4.4% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33617 (Temple Terrace, FL). Anonymous, moderated, never written by AI.
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Property managers serving Hillsborough County
Manage rentals here? List your business →Dennis Property Management offers rental agency and management services in the Tampa Bay area, including multi-family management, investor packages, and resources for homeowners and tenants. summary from their website
Gain Property Group offers commercial real estate brokerage, property and asset management, and investment opportunities. summary from their website
Ocean Blue Property Management offers residential, multi-family, commercial, and vacation property management services in Tampa Bay and Fort Myers. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $301,270 |
| Monthly Rent | $1,704 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 Rent Trends
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +5.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33617
Population: 47,880
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33617
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
EDISON ELEMENTARY SCHOOL
FOSTER ELEMENTARY SCHOOL
JAMES ELEMENTARY SCHOOL
DR. KIRAN C. PATEL ELEMENTARY SCHOOL
LOMAX MAGNET ELEMENTARY SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,202 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Temple Terrace, FL?
Homes in Temple Terrace, FL typically sell near $301K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
What do landlords charge for rent in Temple Terrace, FL?
Rental rates in Temple Terrace, FL average $1,704/mo. Tenant demand and $301K home values make the yield look reasonable by investor standards.
Are renters plentiful in Temple Terrace, FL?
Tenant demand in Temple Terrace, FL is solid. The local workforce $1,704/mo rents across most rental classes.
What approach is best for Temple Terrace, FL real estate?
Most investors in Temple Terrace, FL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are there empty rentals in Temple Terrace, FL?
Expect elevated vacancy in Temple Terrace, FL. Rents at $1,704/mo are absorbed by the tenant base without meaningful lag.
You know 33617 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33617 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 33617 ranks in Tampa-St. Petersburg-Clearwater, FL
Every ZIP in this metro, ranked. Free.
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