NL25: Float question w/33 on paired board

[EN09]

been reading some posts on 'floating'. help me out here. with one to act behind me and both virtual unknowns, is this a spot where floating might be utilized? just moved to NL25 and have yet to float. do you need last action to technically float correctly?

how would you play this hand? fold here or call w/intention of raising or raise the flop and bet big on the turn? thanks

EN

Full Tilt Poker, $0.10/$0.25 NL Hold'em Cash Game, 9 Players
LegoPoker Hand History Converter

BTN: $18.55
SB: $14.25
BB: $39.70
UTG: $29.20
UTG+1: $8.60
Hero (UTG+2): $27.40
MP1: $49.95
MP2: $3.10
CO: $25

CO posts $0.25
Pre-Flop: 3[img]/images/graemlins/spade.gif[/img] 3[img]/images/graemlins/diamond.gif[/img] dealt to Hero (UTG+2)
2 folds, Hero calls $0.25, MP1 calls $0.25, MP2 folds, CO checks, BTN folds, <font color="red">SB raises to $0.50</font>, BB folds, Hero calls $0.25, MP1 calls $0.25, CO folds

Flop: ($2) 9[img]/images/graemlins/heart.gif[/img] 8[img]/images/graemlins/club.gif[/img] 8[img]/images/graemlins/spade.gif[/img] (3 Players)
<font color="red">SB bets $0.85</font>, Hero...