Temple Terrace › Meadowood Village

8649 Lake Isle Dr #182

Temple Terrace, FL 33637
$99,000
2 bed1.5 bath1,085 sqftCondo · built 1975

What stands out about this home

Compared with condos like it, within product classi
Size
Larger than 39% of condos sold in Temple Terrace
178 condo sales · Jan 2024 - Oct 2026
Price
The seller has not permitted automated price comparisons
Standout feature
No standout feature to report
Age
Newer than 25% of condos in Meadowood Village
62 homes · Jun 2023 - Oct 2026
Compared against 40 similar homes sold within 1.9 mi.

About this property

Short Sale. Bring your vision to this renovation opportunity in Meadowood Condominium Village! This 2-bedroom, 1.5-bath condominium offers approximately 1,085 square feet of living space, a one-car covered carport, and an opportunity for an investor or experienced renovation buyer to complete the property to their own specifications.

This is a substantial rehabilitation project, but much of the interior demolition appears to have already been completed. Flooring has been removed and portions of the interior have been opened up, giving the next owner a head start on the renovation and an opportunity to redesign finishes from the ground up. The property is not currently in habitable condition and will require significant work prior to occupancy.

Meadowood is an established condominium community offering mature landscaping and recreational amenities that include multiple swimming pools, tennis courts, a clubhouse, and walking paths. The community's Temple Terrace location also provides convenient access to USF, area medical centers, shopping and dining, as well as I-75, I-275 and I-4 for travel throughout the Tampa Bay area.

For the right buyer, this is an opportunity to take a largely stripped-down interior and create something entirely new without paying for someone else's cosmetic renovation first.

Due to the property's present condition, cash or appropriate renovation/hard-money financing is anticipated. Buyers utilizing financing should confirm property-condition requirements directly with their lender prior to submitting an offer.

Property is being sold AS-IS and requires substantial rehabilitation. Buyers are strongly encouraged to conduct their own inspections and independently verify the condition and functionality of all systems, components, appliances and improvements, as well as current condominium amenities, fees, restrictions, insurance requirements and association requirements.

Agents: Please review all private remarks and MLS supplements prior to scheduling a showing or submitting an offer.

Property details

Year built1975
Lot size0.02 ac
Condo fee$547/mo
ParkingCarport
Days on market37
MLS#TB8538943
Ceiling fansDishwasherElectric water heaterMicrowaveRange hoodRefrigerator
All features →
  • Ceiling fans
  • Dishwasher
  • Electric water heater
  • Microwave
  • Range hood
  • Refrigerator
  • Laminate flooring
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Stucco construction
  • Single story
  • Inside laundry
  • Broadband internet available
  • Cable available
  • Electricity connected
  • Carport

The market for homes like this

Condos in Temple Terrace · all sizes
Too few 2-bedroom condo sales here to report on their own, so these cover every condo in Temple Terrace.i
Median sold price$149,90045 sales · last 12 months
Median price per sq ft$13445 sales · last 12 months
Median rent$1,600/mo80 leases · last 24 months
Median days to lease4280 leases · last 24 months

Temple Terrace, as its listings describe it

What agents stated on listings, 2005 – 2026i
Community pool66%of 270 listings
HOA fee, median$366/moof 180 listings
Has an association58%of 435 listings
Pets allowed83%of 488 listings
Minimum lease, most commonNo Minimum52% of 327 listings · next: 1–2 Years
Lease restrictions44%of 329 listings
Association approval required45%of 235 listings
Private pool14%of 588 listings
Gated8%of 270 listings
Public water · sewer96% · 95%of 361 · 397 listings
Flood zone (A or V)1%of 387 listings
55+ communityNo100% of 437 listings · next: Yes
Homestead share Meadowood Village55%of 278 homes · county tax roll
Also stated: waterfront 1% of 438 listings; CDD 0% of 344.

Price and time on market

This listing against homes like iti
Price per sq ft
The seller has not permitted automated price comparisons
Time on market
The seller has not permitted automated comparisons
Price history
Listed at $125,000 originally; now $99,000, 20.8% lower after at least one price reduction. The most recent: down $26,000 on Oct. 13, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$2,917 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $700/yr homesteaded, $1,500/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$90/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Temple Terrace

City of Temple Terrace · Hillsborough County · ZIP 33637 · Flood zone AE
Explore Temple Terrace →
Homes7,942residential parcels
Median sold price$387,500284 sales · last 12 months
Vs. the prior year+12.3%284 sales this year · 251 sales the prior year
Median rent$1,850/mo81 leases · last 12 months
Homes that changed hands4%284 sales of 7,942 homes
Homestead share64%of 7,942 homes · county tax roll
Condos in Temple Terrace, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All condos · 12 months45$149,900—
2 bed · this home35Not enough sales yet to report on their own
3 bed10Not enough sales yet to report on their own
All condos · 24 months115$155,000$1,600/mo80 leases
Median price

Temple Terrace homes sold for a median of $387,500 in the 12 months to Oct. 18, 2026.

284 sales
Price trend

That's 12.3% above the median for the 12 months before, $345,000.

284 sales this year · 251 sales the prior year
What's selling

Single-family detached homes made up 209 of the 284 sales in the same 12 months, at a median of $427,000.

209 of 284 sales
Not yet available here: rent and time-to-lease for single-family houses and condos.The Temple Terrace record: homes, prices, rents, communities and listings →

Location

8649 LAKE ISLE DR #182, TEMPLE TERRACE, FL 33637

Nearby homes for sale in Temple Terrace

Based on information from Stellar MLS® for the period April 13, 2005 through October 18, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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