Rarely does a property offer this much space, flexibility and opportunity in the heart of Temple Terrace. On an oversized .31-acre fully fenced lot, this move-in-ready three-bedroom, two-bath home features an 18-by-20-foot powered workshop, major system updates and no HOA, creating a unique opportunity for homeowners, hobbyists, entrepreneurs and investors alike. Inside, you’ll find a functional open floor plan with spacious living areas, a bright breakfast nook, dedicated laundry room and generously sized bedrooms. The galley-style kitchen overlooks the backyard and entertaining deck, while the primary suite offers a private bath for added comfort and convenience. Go outside and discover one of the home’s standout features, a large backyard deck ideal for outdoor dining, entertaining, weekend barbecues and enjoying Florida’s year-round lifestyle. The expansive fenced yard offers plenty of room for pets, gardening, recreation, future enhancements, or simply enjoying the privacy and outdoor space that is becoming increasingly difficult to find. A highlight of the property is the detached 18-by-20-foot workshop with electricity, offering endless possibilities for woodworking, hobbies, storage, a home-based business, creative studio, fitness space or recreational equipment. Recent improvements provide peace of mind and include a new HVAC system, new water heater, roof replaced in 2020, gutters replaced in 2020, updated ductwork, UV HVAC air purification system and an LG stainless steel refrigerator. With no HOA restrictions, enjoy the freedom to store boats, RVs, trailers, work vehicles and outdoor toys behind the fenced yard (buyer to verify local regulations). Conveniently near USF, shopping, dining, parks, entertainment and major commuter routes, this home offers exceptional value and versatility in one of Temple Terrace’s established neighborhoods. The property’s versatile layout and desirable location have also supported successful short-term rental use in the past, offering potential flexibility for future owners. Most furnishings may be available with an acceptable offer, creating an opportunity for a move-in-ready or turnkey-furnished purchase. Whether you’re searching for a primary residence, a property with room for hobbies and equipment or a home with income-producing potential, 5206 E Parade Street delivers a rare combination of space, freedom and possibility.
Property Details
Price:
$360,000
MLS #:
TB8537774
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TERRACE PARK UNIT 5 REV
Neighborhood:
33617tampatempleterrace
Listed Date:
Aug 11, 2026
Finished Sq Ft:
1,152
Total Sq Ft:
1,280
Lot Size:
13,500 sqft / 0.31 acres (approx)
Year Built:
1982
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Epoxy, Laminate
Heating
Central
Interior Features
Ceiling Fan(s), Open Floorplan, Split Bedroom
Laundry Features
Laundry Room
Levels
One
Exterior
Architectural Style
Ranch
Construction Materials
Wood Frame, Wood Siding
Direction Faces
South
Exterior Features
Rain Gutters, Storage
Fencing
Wood
Lot Features
Near Golf Course
Open Parking YN
1
Other Structures
Storage, Workshop
Parking Features
Boat, Curb Parking, Driveway, On Street
Roof
Shingle
Financial
Tax Year
2025
Taxes
$4,316
Map
Community
- Address5206 PARADE STREET TEMPLE TERRACE FL
- SubdivisionTERRACE PARK UNIT 5 REV
- CityTEMPLE TERRACE
- CountyHillsborough
- Zip Code33617
Subdivisions in TEMPLE TERRACE
Market Summary
Current real estate data for Single Family in TEMPLE TERRACE as of Aug 29, 2026
62
Single Family Listed
76
Avg DOM
238
Avg $ / SqFt
$447,156
Avg List Price
Property Summary
- Located in the TERRACE PARK UNIT 5 REV subdivision, 5206 PARADE STREET TEMPLE TERRACE FL is a Single Family for sale in TEMPLE TERRACE, FL, 33617. It is listed for $360,000 and features 3 beds, 2 baths, and has approximately 1,152 square feet of living space, and was originally constructed in 1982. The current price per square foot is $313. The average price per square foot for Single Family listings in TEMPLE TERRACE is $238. The average listing price for Single Family in TEMPLE TERRACE is $447,156. To schedule a showing of MLS#tb8537774 at 5206 PARADE STREET in TEMPLE TERRACE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of PREMIER SOTHEBYS INTL REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5206 PARADE STREET
TEMPLE TERRACE, FL
