One or more photo(s) has been virtually staged. Incredible 4.99% rates! Unlock luxury living and an unbeatable deal. Terraces at 87th’s preferred lender is offering an unbeatable 4.99% interest rate. Opportunities like this don’t come often! Welcome to the newly completed Terraces at 87th, an exclusive townhome community, where luxury and convenience come together! Designed for modern living, these maintenance-free homes feature resort-style amenities, including a community pool, dog park, fire pits, grilling stations, and a relaxing lounge area—perfect for enjoying the Florida lifestyle. Each home offers spaciousness and premium details, with an expansive 4-car garage that provides unmatched space for all your vehicles, toys, and storage needs. Plus, the garages are pre-wired for electric car charging, making them future-ready. Inside, you'll find a thoughtfully-designed, single-level floor plan with an open-concept living area, abundant natural light, and 9-foot ceilings. The kitchen, perfect for entertaining, features 42-inch cabinetry, a waterfall island, and gas stainless steel appliances. The owner’s suite offers a private retreat with a walk-in closet, morning bar, and a spa-like walk-in shower. Each home also features a private rooftop terrace, perfect for relaxing or entertaining, with options like a jacuzzi tub, summer kitchen, or solar panels. Experience the best in luxury living with this highly amenitized community! Contact us to learn more and schedule your visit.
New construction
$809,000
8631 5th St N, Petersburg, FL 33702
3beds
1,976sqft
Est.:
Townhouse
Built in 2024
2,683 Square Feet Lot
$-- Zestimate®
$409/sqft
$392/mo HOA
What's special
Waterfall islandMorning barAbundant natural lightSummer kitchenPrivate rooftop terraceRelaxing lounge areaGrilling stations
- 416 days |
- 308 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2026 at 11:10am
Listing Provided by:
Justin Smith 407-579-0425,
SMITH & ASSOCIATES REAL ESTATE 727-342-3800,
Sofia Beigel 954-504-1053,
SMITH & ASSOCIATES REAL ESTATE
Source: Stellar MLS,MLS#: TB8342586
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Second
- Area: 182 Square Feet
- Dimensions: 13x14
Bedroom 2
- Features: Built-in Closet
- Level: Second
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 3
- Features: Built-in Closet
- Level: Second
- Area: 132 Square Feet
- Dimensions: 11x12
Balcony porch lanai
- Level: Second
Den
- Level: Second
Kitchen
- Level: Second
Living room
- Level: Second
Heating
- Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Tankless Water Heater
- Laundry: Other
Features
- Crown Molding, High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
- Flooring: Carpet, Luxury Vinyl
- Doors: Outdoor Grill, Outdoor Kitchen
- Has fireplace: No
Interior area
- Total structure area: 3,753
- Total interior livable area: 1,976 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Garage Door Opener, Guest, Oversized, Parking Pad, Under Building
- Attached garage spaces: 4
- Carport spaces: 2
- Covered spaces: 6
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 21x32
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony, Outdoor Grill, Outdoor Kitchen
Lot
- Size: 2,683 Square Feet
- Features: FloodZone, Landscaped, Sidewalk
Details
- Parcel number: 8631 5TH ST N
- Zoning: AE
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Membrane
Condition
- Completed
- New construction: Yes
- Year built: 2024
Details
- Builder name: Peregrine Construction
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: Dog Park, Pool, Sidewalks
- Subdivision: TERRACES AT 87TH TOWNHOMES PHASE I LOT 16
HOA
- Has HOA: Yes
- Amenities included: Maintenance, Pool
- Services included: Maintenance Grounds, Pool Maintenance
- HOA fee: $392 monthly
- HOA name: Joseph Gaynor
- Second HOA name: Terraces at 87th Townhomes Homeowners Association
- Pet fee: $0 monthly
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $409/sqft
- Annual tax amount: $12,144
- Date on market: 1/24/2025
- Cumulative days on market: 416 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Price change | $809,000-1.2%$409/sqft |
Source:  Stellar MLS #TB8342586 Report a problem | ||
| 1/24/2025 | Listed for sale | $819,000$414/sqft |
Source: Stellar MLS #TB8342586 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,618/mo
Principal & interest
$4006
Property taxes
$1220
HOA Fees
$392
More affordability tools
Climate risks
Neighborhood: Gateway
Nearby schools
GreatSchools rating
- 6/10Sawgrass Lake Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 3/10Meadowlawn Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Northeast High SchoolGrades: PK,9-12Distance: 2.2 mi
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