7425 TERRACE RIVER DRIVE, Temple Terrace, FL, 33637 | $950,000

One-of-a-Kind Mediterranean/Spanish-Style Riverfront Estate. Experience unmatched elegance and serene riverfront living in this Mediterranean/Spanish-style home, perfectly situated in the community of Terrace River. With panoramic views of the Hillsborough River and timeless architectural charm, this residence offers a rare blend of luxury, comfort, and convenience. Step through the grand foyer, where soaring ceilings create an immediate sense of space and sophistication. The inviting living room centers around a gas fireplace framed by custom built-in shelving, perfect for showcasing treasured décor. French doors open to a sprawling patio and private oversized pool, complete with a built-in outdoor kitchen, shower area, and unobstructed river views—an entertainer’s dream. The kitchen is both stylish and functional, featuring granite countertops, abundant cabinetry, stainless steel appliances, and a double oven ideal for preparing feasts for family and friends. Just steps away, the formal dining area offers an intimate yet elegant setting for dinner parties. The primary suite, located on the main level, boasts a spa-like en-suite bath and a large walk-in closet with custom shelving. Upstairs, each additional bedroom is a private retreat with its own walk-in closet and full bathroom. A versatile bonus room—perfect for a home office, hobby space, or game room—opens onto a rooftop patio. The fully finished basement provides even more possibilities, offering a built-in bar and ample space for a pool table, media room, or home theater. Practicality meets style with a spacious indoor laundry room featuring extra storage and direct exterior access. Conveniently located near the Seminole Hard Rock Casino, I-4, and I-275, this home offers quick access to downtown Tampa and premier shopping while maintaining a peaceful waterfront atmosphere. As a special perk, new Temple Terrace residents enjoy a complimentary three-month social membership to the Temple Terrace Golf & Country Club.
This is more than a home—it’s a lifestyle.

Features

  • Amenities: Basketball Court, Tennis Court(s)
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Lot Size: 96.38 x 148.98
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Mediterranean
  • Year Built: 1975
  • Garage: 2-car Driveway, Garage Door Opener, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,401
  • Acreage: 0.33
  • Lot Size: 96.38 x 148.98
  • Est. Taxes: $9,504
  • HOA Fee: $385 Annually
  • Lot Desc: Cul-De-Sac, City Lot, Sidewalk
  • View: Water
  • Elem. School: Folsom-HB
  • Middle School: Greco-HB
  • High School: King-HB
  • Pool: Child Safety Fence, Gunite, In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8415962
  • Days on Market: 99 days
  • Website: https://www.raveis.com
    /prop/TB8415962/7425terraceriverdrive_templeterrace_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/5/2025 8:32:09 AM)
Listing courtesy of CENTURY 21 ELITE LOCATIONS, INC   Phone: 813-960-0999

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7425 TERRACE RIVER DRIVE, Temple Terrace, FL, 33637

$950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.428% 6.110% 5.932%
Monthly Tax Payment $792 $792 $792
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,375 $4,557 $6,311
Total Monthly Payment $5,259 $5,441 $7,195

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.