7425 TERRACE RIVER DRIVE, Tampa, FL, 33637 | $799,000

Distinctive Mediterranean-style riverfront home in Temple Terrace with panoramic Hillsborough River views and beautiful sunsets. This home offers endless possibilities for multi-generational living, extended guest accommodations, executive rentals, and large-scale entertaining. No flood insurance is required, and Qualified buyers may also benefit from a VA assumable loan at 3% (veteran status is NOT required). The home features 4 bedrooms, 3. 5 baths, and 3, 400 square feet of living space, PLUS a large basement with a bar area and additional unfinished rooms ready for customization. Outdoor amenities include an oversized pool and deck area, an outdoor kitchen, and a rooftop patio. Interior highlights include soaring ceilings, a gas fireplace, granite kitchen countertops, and a main-level primary suite with a spa-like bathroom and custom walk-in closet. Upstairs, two bedrooms feature private ensuite bathrooms and walk-in closets. The fourth bedroom, smaller in size, is ideal for an office, hobby room, or sitting area and includes access to the rooftop balcony. A new roof was installed in 2021. Conveniently located near the University of South Florida, major hospitals, recreation facilities, Amazon facilities, and easy access to I-75, I-4, and I-275.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 1975
  • Garage: 2-car Driveway
  • Heating: Electric
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 3,401
  • Acreage: 0.33
  • Est. Taxes: $10,232
  • HOA Fee: $399 Annually
  • Lot Desc: Cul-De-Sac, City Lot, In County, Landscaped, Near Public Transit, Sidewalk
  • View: Pool, Trees/Woods, Water
  • Water Front: Yes
  • Elem. School: Folsom-HB
  • Middle School: Greco-HB
  • High School: King-HB
  • Pool: Deck, Gunite, In Ground, Pool Sweep
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8511405
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8511405/7425terraceriverdrive_tampa_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 5/26/2026 3:26:11 AM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 813-839-3800

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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7425 TERRACE RIVER DRIVE, Tampa, FL, 33637

$799,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,200 $639,200 $639,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $853 $853 $853
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,936 $4,036 $5,308
Total Monthly Payment $4,881 $4,981 $6,253

* 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.