531 Garrard DRIVE, Temple Terrace, FL, 33617 | $625,000

This spacious 5-bedroom, 3-bathroom split-level ranch home is ideally situated on a peaceful street in the leafy, well-established neighborhood of Temple Terrace, just around the corner from the Temple Terrace Family Recreation Complex. Nestled on a generously sized lot, the property has a backyard complete with a deck, inground pool, and a large, screened lanai, perfect for outdoor living and entertaining.
Recent updates include a new roof (2023), a new A/C unit (December 2024), a fully renovated kitchen (2024), updated bathrooms, and a new water heater (2023). The expansive great room features soaring cathedral ceilings, a wood-burning fireplace, and French doors that open to an enclosed, air-conditioned Florida room, providing fantastic additional space for family and friends to gather.
The brand-new kitchen offers granite countertops, an eat-in breakfast area, and plenty of storage, making it a dream for any home cook. The large master suite includes an ensuite bathroom with a jet tub, its own water heater and a separate walk-in closet, offering a private retreat. On the opposite side of the house are 3 guestrooms and 2 full bathrooms. The versatile 5th bedroom is currently being used as an office. A floor plan is included with the photos of the property.
This home is located in a non-flood zone, so no flood insurance is required, and there are no HOA or CDD fees. The neighborhood is known for its excellent Charter Schools, and nearby International Baccalaureate programs. Conveniently located near I-75, the University of South Florida, the 14th hole of the Temple Terrace Golf and Country Club, Busch Gardens, the VA and Moffitt Hospitals, and just a short drive to beautiful beaches, this home offers the perfect balance of tranquility and accessibility.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 110 x 120
  • Laundry: Inside, Laundry Room
  • Style: Contemporary, Ranch
  • Year Built: 1979
  • Garage: 2-car Driveway, Garage Door Opener, On Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,949
  • Acreage: 0.3
  • Lot Size: 110 x 120
  • Est. Taxes: $5,273
  • Lot Desc: Landscaped, Near Golf Course
  • View: Garden
  • Elem. School: Lewis-HB
  • Middle School: Greco-HB
  • High School: King-HB
  • Pool: Gunite, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: TB8338282
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8338282/531garrarddrive_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 1/15/2025 3:41:20 AM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 813-839-3800

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531 Garrard DRIVE, Temple Terrace, FL, 33617

$625,000

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 $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.295% 7.408% 6.623%
Monthly Tax Payment $439 $439 $439
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,369 $3,411 $4,321
Total Monthly Payment $3,900 $3,942 $4,852

* 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.