Make us your home page

Temple Terrace real estate gets noticed by 'Money' magazine

TEMPLE TERRACE — If you're looking to buy a home, you may want to check out this town of 25,000 between New Tampa and old Tampa. Money magazine just named Temple Terrace one of the 25 most affordable small towns in the nation.

Although it may be affordable, some say it isn't as affordable as the magazine suggests.

In its September issue, Money listed the median price on homes in Temple Terrace at $75,000. Real estate site puts the median price at $160,000. The Zillow and Trulia sites list it as $130,000 and $129,000, respectively.

Jeanne Zylstra, owner of Temple Terrace Realty, said she would put the median price "at just under $200,000.''

City Council member Grant Rimbey suspects that the magazine included in its estimate the entire ZIP code of 33617, half of it encompassing a lower-income area of Tampa.

However, the magazine stated that its source, Onboard Informatics, a real estate data information service, collected sales data from tax assessors' offices and included sales only within city boundaries.

Despite the confusion, the designation seems to have pleased Temple Terrace officials.

"It's great that they recognized us,'' said Mayor Frank Chillura. He said the way the article described the city, with its old trees and winding roads, is what "people talk about when they say Temple Terrace is one of the best-kept secrets.''

The nod comes as Temple Terrace has launched a new marketing effort to reinvigorate its image as a place to settle and open a business.

City spokesman Mike Dunn said in the Money article that despite the number of investors buying foreclosed homes and renting them out, the market has remained stable for the most part. "Many families have lived here for ages, which also adds to the small-town charm," Dunn was quoted as saying.

Philip Morgan can be reached at or (813) 226-3435.

Temple Terrace real estate gets noticed by 'Money' magazine 08/21/13 [Last modified: Wednesday, August 21, 2013 2:29pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Tampa's Homeowners Choice seeks to offer flood insurance in other states


    Tampa-based insurance company HCI Group Inc.'s subsidiaries are trying to expand their flood insurance offerings beyond Florida. HCI has filed with regulators to offer flood coverage in Arkansas, California, Maryland, North Carolina, New Jersey, Ohio, Pennsylvania, South Carolina and Texas.

    Tampa-based HCI Group is trying to expand its flood insurance offerings to other states. Pictured is Paresh Patel, CEO of HCI Group. | [Courtesy of HCI Group]
  2. Home of Tampa Bay Lightning GM Steve Yzerman hits market at $3.45 million

    Real Estate

    TAMPA — The Davis Islands home of Tampa Bay Lightning General Manager Steve Yzerman is back on the market for $3.45 million after a brief hiatus.

    The Davis Islands home of Tampa Bay Lightning General Manager Steve Yzerman is on the market for $3.45 million. [Courtesy of Hi Res Media]
  3. Trigaux: Halfway through 2017, a closer look at six drivers of the Tampa Bay economy


    We're nearly halfway through 2017 already, a perfect time to step back from the daily grind of business and ask: How's Tampa Bay's economy doing?

    Is there one theme or idea that captures the Tampa Bay brand? Not really but here's one possibility. The fun-loving annual Gasparilla "Invasion" of Tampa is captured in this photo of 
The Jose Gasparilla loaded with pirates of Ye Mystic Krewe of Gasparilla on its way this past January to the Tampa Convention Center. In the future a vibrant downtown Tampa or St. Petersburg may be the better theme. [CHRIS URSO   |   Times]
  4. Will new laws protect condo owners from apartment conversions and rogue associations?

    Real Estate

    Danny Di Nicolantonio has lived in St. Petersburg's Calais Village Condominums for 33 years. Annoyed at times by the actions, or inaction, of the condo board and property managers, he has complained to the state agency that is supposed to investigate.

    That has left him even more annoyed.

    A bill passed by the Florida Legislature would affect places like The Slade in Tampa's Channelside district, where condominium owners have battled a plan to convert homes into apartments.
[Times file photo]
  5. Walmart opens first Pinellas County in-house training academy


    Seminole — It had all the hallmarks of a typical graduation: robe-clad graduates marching in to Pomp and Circumstance, friends and family packed together under a sweltering tent and a lineup of speakers encouraging the graduates to take charge of their future.

    New Walmart Academy graduates are congratulated Thursday morning by associates during a graduation ceremony at the Walmart store, 10237 Bay Pines Boulevard, St. Petersburg. The Walmart location is one of the company's training academies where managers complete a one week retail course. David Shultz and Richard Sheehan, both from St. Petersburg, get high fives from the crowd.
[SCOTT KEELER   |   Times]