New Tampa › Tampa Palms › Faircrest Condo

5100 Burchette Rd #2302

Tampa, FL 33647
$198,000
2 bed2.5 bath1,185 sqftCondo · built 1992

Listed at $167 per sq ft. Median for condos in Tampa Palms sold in the last 12 months: $161 per sq ft.

40 sales · Stellar MLS, credited below

What stands out about this home

Compared with condos like it, within product classi
Size
Larger than 78% of condos sold in Tampa Palms
103 condo sales · Jan 2024 - Oct 2026
Price
Listed 7% below the typical price for a condo its size in Tampa Palms
103 condo sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 91% of condos in Faircrest Condo
51 homes · Jan 2024 - Oct 2026
Compared against 40 similar homes sold within 1.37 mi.

About this property

Unbeatable Location Meets Endless Potential in Tampa Palms! Welcome to Faircrest III Condominiums, a gated community offering the perfect blend of comfort and convenience. This spacious 2-bedroom, 2.5-bath layout is a blank canvas ready for your personal design choices! The main level features a expansive family room flowing into an adjacent kitchen, an inside laundry room, and a convenient guest half bath. Step through to your private screened patio—complete with extra storage—ideal for morning coffee or relaxing outdoors. Upstairs, find two dual primary-style bedrooms, each paired with its own full bathroom. Residents enjoy resort-style amenities including a pool, clubhouse, and fitness center. Located minutes from USF, major medical hubs, I-75, I-275, and prime shopping and dining. Schedule your tour today!

Property details

Year built1992
Lot size0.01 ac
Association 2 + Other monthly fees$332/yr second association + $426/mo other
Days on market16
MLS#TB8552435
SidewalkPrimary bedroom upstairsWindow treatmentsDishwasherDisposalDryer
All features →
  • Sidewalk
  • Primary bedroom upstairs
  • Window treatments
  • Dishwasher
  • Disposal
  • Dryer
  • Electric water heater
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Carpet flooring
  • Ceramic tile flooring
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Stucco construction
  • Two stories
  • Inside laundry
  • Broadband internet available
  • Cable available
  • Electricity available
  • Electricity connected
  • Public utilities
  • Sewer connected

The market for homes like this

Condos in Tampa Palms · all sizes
Too few 2-bedroom condo sales here to report on their own, so these cover every condo in New Tampa.i
Median sold price$175,25040 sales · last 12 months
Median price per sq ft$16140 sales · last 12 months
Median rent$1,600/mo62 leases · last 24 months
Median days to lease6462 leases · last 24 months

New Tampa, as its listings describe it

What agents stated on listings, 2018 – 2026i
Community pool80%of 212 listings
HOA fee, median$267/moof 171 listings
Has an association95%of 254 listings
Pets allowed Faircrest Condo82%of 44 listings
Minimum lease, most common1-2 Years32% of 174 listings · next: 6 Months
Lease restrictions81%of 175 listings
Association approval required59%of 174 listings
Private pool Faircrest Condo2%of 44 listings
Gated58%of 212 listings
Public water · sewer97% · 98%of 190 · 204 listings
Flood zone (A or V)2%of 221 listings
55+ communityNo99% of 254 listings · next: Yes
Homestead share Faircrest Condo57%of 264 homes · county tax roll
Also stated: waterfront 8% of 254 listings; CDD 60% of 181.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $167 per sq ft, 3% above the $161 median for condos in Tampa Palms sold in the last 12 months
40 sales · last 12 months
Time on market
On the market 9 days; condos in Tampa Palms took a median of 71 days to sell in the last 12 months
40 sales · last 12 months
Price history
Listed at $198,000 since Sept. 25, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$4,378 for 2025 on the listing; about $3,527 on the 2026 roll
The listing and the county roll disagree materially; both are shown
Estimated taxes at this price
i
About $2,200/yr homesteaded, $3,100/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
$79/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 New Tampa

City of Tampa · Hillsborough County · ZIP 33647 · Flood zone X
Explore New Tampa →
Homes18,099residential parcels
Median sold price$494,000691 sales · last 12 months
Vs. the prior year+5.1%691 sales this year · 732 sales the prior year
Median rent$2,223/mo406 leases · last 12 months
Homes that changed hands4%691 sales of 18,099 homes
Homestead share71%of 18,099 homes · county tax roll
Condos in New Tampa, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All condos · 12 months82$160,000$1,550/mo99 leases
2 bed · this home63$160,000$1,500/mo82 leases
3 bed19Not enough sales yet to report on their own
All condos · 24 months167$166,000$1,550/mo223 leases
Median price

New Tampa homes sold for a median of $494,000 in the 12 months to Oct. 11, 2026.

691 sales
Price trend

That's 5.1% above the median for the 12 months before, $470,000.

691 sales this year · 732 sales the prior year
What's selling

Single-family detached homes made up 516 of the 691 sales in the same 12 months, at a median of $550,000.

516 of 691 sales
The New Tampa record: homes, prices, rents, communities and listings →

Location

5100 BURCHETTE RD #2302, TAMPA, FL 33647

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period July 1, 2018 through October 11, 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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