GREAT Income-Producing OPPORTUNITY with Terrific Tenants in Place—Prime 55+ Community Living! Welcome to Terrace Park at Five Towns—where comfort, convenience, and coastal living come together in one of St. Petersburg’s most sought-after 55+ communities, just minutes from the Gulf beaches. This beautifully maintained first-floor condo with an enclosed lanai features a 2-bedroom, 2-bath split-plan condo that offers 915 sq. ft. of thoughtfully updated living space and is a fantastic investment opportunity with reliable tenants already in place. This is a great investment. and pet-friendly living. Step inside to a bright and inviting living area filled with natural light—perfect for relaxing or entertaining. The fully remodeled kitchen features: Granite countertops, updated cabinetry, updated ceiling lighting, ample workspace, updated waterproof vinyl flooring throughout, remodeled hallway bathroom with new vanity and ceramic tile flooring, remodeled primary bathroom with new vanity, mirrors, and ceramic tile flooring. Fresh interior paint (walls and ceilings, Popcorn ceilings removed throughout; HVAC only 3 years old. The desirable split-bedroom floor plan offers privacy and comfort for both residents and guests. Enjoy peaceful mornings or relaxing evenings in your enclosed lanai overlooking tranquil trees and courtyard views. 1 assigned parking space is included right in front of the condo. The condo fee includes: Gas, water, trash, internet, cable, building insurance, and full grounds maintenance—adding exceptional value and convenience. Five Towns Community Amenities: Spanning 111 beautifully landscaped acres, Five Towns offers 9 scenic ponds, 6 swimming pools, 3 outdoor kitchen-style gazebos with grills and refrigerators, tennis courts, shuffleboard, bocce ball & horseshoes (under construction), and two clubhouses featuring fitness centers, libraries, billiards rooms, auditoriums & card rooms. Ongoing amenity renovations for even more future value. This vibrant, active community hosts daily activities including yoga, exercise classes, cards, painting, quilting, dances, concerts, pancake breakfasts, and more. Ideally located near Gulf beaches, Downtown St. Petersburg’s dining and arts scene, Tyrone Square Mall & Seminole Outdoor Mall. Opportunities like this—an updated, income-producing unit in a beautifully maintained 55+ community—don’t come along often. Schedule your private showing today and see what life in paradise can look like!

Listing courtesy of CENTURY 21 RE CHAMPIONS (813) 531-1460



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-12 10:32 AM EDT