Riverwalk at Waterside Island in Tampa

Riverwalk at Waterside Island Homes for Sale in Tampa, FL

Riverside community · Tampa, Hillsborough County · ZIP 33602

A riverside condo and townhome community on the Hillsborough River, amenity-rich with a boat ramp near downtown Tampa.

Riverside condos and townhomesPool, courts, boat rampNear downtown
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
Riverwalk at Waterside Island is an amenity-rich, rental-active condo and townhome community, so the unit, the position, and the association, not a community average, decide the buy.
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Unlock Off-Market Riverwalk at Waterside Island

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Riverwalk at Waterside Island is an amenity-rich condo and townhome community along the Hillsborough River near downtown Tampa, dating to 1986, so the read is by unit and position rather than one number: two-story townhomes and condo units, primarily three-bedroom floor plans alongside smaller units, sharing a fitness center, pool, racquetball court, playground, picnic areas, and a boat ramp, managed by a homeowners association. The community is rental-active, so the unit, the position, the condition, the association budget and rules, and the owner-versus-rental mix drive value. Your leverage is matching the unit and position to real comps and reading the association budget and rental picture, with the riverside, near-downtown location and the amenities as the draws."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Riverwalk at Waterside Island is a condo and townhome community along the Hillsborough River in Tampa, Hillsborough County, near downtown, dating to 1986 (Tampa listing and HOA sources, 2026).

It features two-story townhomes and condo units, primarily three-bedroom floor plans alongside smaller units of varying sizes, with amenities including a fitness center, a pool, a racquetball court, a playground, picnic areas, and a boat ramp. The community is managed by the Riverwalk at Waterside Island Townhomes Homeowners Association, and it is rental-active, with many units offered for rent.

This is an amenity-rich, rental-active, association-driven market, so the money is made or lost on the unit, the position, the condition, the association budget and rules, and the owner-versus-rental mix, not the headline price.

The pitch is riverside, amenity-rich living with a boat ramp near downtown Tampa. The work is sorting the unit and position, reading the association budget, reserves, rules, and the rental mix, judging condition, and pricing against real comps before you offer.

Best for

  • Buyers who want a riverside, amenity-rich condo or townhome near downtown
  • Boaters who value a community boat ramp on the river
  • Investors comfortable with a rental-active community
  • Buyers who want a near-downtown Tampa location

Probably not for

  • Buyers who want a detached single-family home with a yard
  • Anyone unwilling to read an association budget and rental mix
  • Buyers who want new construction with a warranty
  • Buyers who want a large private lot

How Riverwalk at Waterside Island is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
56Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Riverwalk at Waterside Island listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Riverwalk at Waterside Island buys, holds, and resells. See the five factors.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take
  • A fitness center and pool
  • A racquetball court and playground
  • Picnic areas and a boat ramp on the river
  • A near-downtown Hillsborough River setting
  • Managed by a homeowners association, rental-active

Riverwalk at Waterside Island is an amenity-rich condo and townhome community along the Hillsborough River in Tampa, near downtown, dating to 1986. It features two-story townhomes and condo units, primarily three-bedroom floor plans alongside smaller units, with a fitness center, a pool, a racquetball court, a playground, picnic areas, and a boat ramp, managed by a homeowners association. The community is rental-active, so the unit, the position, the condition, the association budget and rules, the owner-versus-rental mix, and financing eligibility are central to value. Confirm the unit and position, the dues, reserves, and rental mix, the condition, and the flood coverage before you buy.

The takeaway

Riverwalk at Waterside Island pairs riverside, amenity-rich living and a boat ramp with a near-downtown Tampa location, the riverside-condo case in Tampa, subject to reading the association and rental mix.

Hillsborough River (boat ramp)~0 to 3 min · riverside and boating
Downtown Tampa~5 to 12 min · urban core
Tampa Riverwalk~5 to 12 min · downtown waterfront
Armature Works~3 to 8 min · food hall and dining
Interstate 275~3 to 8 min · regional access
Tampa International Airport~15 to 25 min · via I-275
University of Tampa~5 to 12 min · campus

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Riverwalk at Waterside Island Homes for Sale in Tampa, FL with Momentum Realty’s local guides.

GCGrand Centralat Kennedy Homes for Sale in Tampa, FLTampa, FL · 0.5 miACArt CenterLofts in Tampa, FLTampa, FL · 0.5 miNTNuHeights Townhomes in Tampa, FLTampa, FL · 0.6 miCTCanvas TPA Townhomes in Tampa, FLTampa, FL · 0.6 miOHOscawana Homes for Sale in Tampa, FLTampa, FL · 0.6 miOHOscawana Homes for Sale in Tampa, FLTampa, FL · 0.6 miPAThe Place atChannelside Homes for Sale in Tampa, FLTampa, FL · 0.7 miPRPendry ResidencesTampa Homes for SaleTampa, FL · 0.8 miHSHenderson'sTampa Heights Homes for SaleTampa, FL · 1.0 mi

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Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Riverwalk at Waterside Island (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Hillsborough County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Riverwalk at Waterside Island is served by Hillsborough County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Hillsborough County Schools (verify by address)

Verifyrating
By address

Confirm zoned elementary, middle, and high

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Riverwalk at Waterside Island address.

The takeaway

What is actually shaping value at Riverwalk at Waterside Island: the riverside, near-downtown setting and amenities, the boat ramp, and the association and rental-mix dynamics of a 1986 community. Each item is sourced and linked.

Recent Developments in Riverwalk at Waterside Island

Our read on what is being built around Riverwalk at Waterside Island, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishNear-downtown and riverside demand support interest, with the watch items being the association budget, reserves, the rental mix, and financing eligibility.

Riverside, near-downtown setting

Ongoing
BullishNotable impact
SignificanceRadius: Area

A Hillsborough River setting near downtown Tampa is a distinctive draw that supports demand.

Amenities and boat ramp

Ongoing
BullishNotable impact
SignificanceRadius: Community

A fitness center, pool, racquetball, and a boat ramp add lifestyle value within the community.

Rental-active community

Ongoing
BearishMajor impact
SignificanceRadius: Community

A high rental mix can affect value, the resale buyer pool, and conventional financing eligibility, and must be verified.

1986 association budget

Ongoing
NeutralNotable impact
SignificanceRadius: Community

On a 1986 community, the reserves and any assessments are central to value and must be verified per unit.

Owner-versus-rental ratio

Ongoing
NeutralNotable impact
SignificanceRadius: Community

The owner-occupancy ratio affects financing options and should be confirmed before relying on conventional loans.

Near downtown employment and dining

Ongoing
BullishMinor impact
SignificanceRadius: Area

Proximity to downtown Tampa employment and dining supports rental and resale demand.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Riverwalk at Waterside Island, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. January 2026
    Market

    Riverwalk at Waterside Island offers riverside Tampa living

    Riverwalk at Waterside Island is described as a Hillsborough River condo and townhome community near downtown Tampa dating to 1986, with two-story townhomes, three-bedroom floor plans, a fitness center, pool, racquetball court, playground, picnic areas, and a boat ramp. Why it matters: A riverside, amenity-rich setting near downtown keeps the community in demand. Source

  2. January 2025
    Community

    Riverwalk at Waterside Island is rental-active

    Listing and rental profiles show Riverwalk at Waterside Island as a rental-active community with many condos and townhomes offered for rent, managed by a homeowners association with professional property management. Why it matters: The rental mix affects value and financing and must be verified per unit. Source

Development alerts for Riverwalk at Waterside IslandGet a short monthly email when something new is approved, funded, or opens near Riverwalk at Waterside Island.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Riverwalk at Waterside Island, this is the order of operations we would run, and the one we run for our clients.

1

Sort the unit and position first. Riverwalk spans townhome and condo units and positions, which trade differently.

2

Read the association budget and rental mix. Verify the dues, reserves, inclusions, any assessments, the owner-versus-rental ratio, and any rental restrictions for the specific unit.

3

Confirm financing eligibility. In a rental-active community, verify the owner-occupancy ratio and any lender or warrantability considerations.

4

Judge the unit by condition. Read the systems and any updates for the specific unit.

5

Use the Tampa context, and cross-shop other Tampa townhomes such as Canvas Townhomes.

Best Buy
A well-kept, owner-quality unit in a good position matched to comps, with a healthy association
Biggest Risk
Underreading the rental mix, the association budget, and financing eligibility
Best Lot
A quieter, river-facing or well-positioned unit over a parking-facing one
Smart Timing
Confirm the association budget, rental mix, and financing before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Type

Two-story townhomes and condos

Plans

Primarily three-bedroom, plus smaller units

Setting

Along the Hillsborough River

Status

Established 1986, rental-active

Costs & Fees

HOA

Funds amenities, grounds, and common areas

Rental mix

Verify owner-versus-rental ratio

Worth noting

Rental mix affects value and financing

Amenities

Fitness

Fitness center

Pool

Community pool

Courts

Racquetball court

Boating

Boat ramp on the river

Location

Area

Tampa, Hillsborough County, ZIP 33602

Access

I-275 and downtown

Nearby

Downtown, the Riverwalk, and Armature Works

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Smaller Unit

The smaller or interior units, the entry point in the rental-active riverside community.

Lowest entry
The Three-Bedroom Townhome

The three-bedroom townhomes in better positions, the heart of the resale market here.

Most inventory
The Top

The most updated, owner-quality units in the best positions with a healthy association, the ones that hold value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

The Smaller Unit
The smaller or interior units, the entry point in the rental-active riverside community.
The Three-Bedroom Townhome
The three-bedroom townhomes in better positions, the heart of the resale market here.
The Top
The most updated, owner-quality units in the best positions with a healthy association, the ones that hold value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Golf and lake lots resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Location within TampaStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in Riverwalk at Waterside Island

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Ignoring the optional club cost
  • Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

The riverside setting, the amenities, and the boat ramp are the draw; the units and the association vary. The deal is won or lost on the unit, the position, the association budget, and the rental mix.

Jon Brooks · Founder, Momentum Realty
6.4B- · Buy Score
Resale Strength6.2/10
Renovation Risk4.6/10
Location Efficiency8.0/10
Long-Term Defensibility6.2/10
Carrying Cost Advantage5.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Riverwalk at Waterside Island is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • Quieter, river-facing positions hold value best
  • Parking-facing positions trade at a discount
  • The rental mix affects value and financing
  • Verify reserves and any assessments
  • Read the unit, association, and rental mix before the finishes

In a rental-active riverside community, the unit, the position, the association budget, and the owner-versus-rental mix are the part of your money the market protects. Owner-quality units in good positions in a healthy association hold value better than worn rental units or buildings with thin reserves or a high rental ratio, and the riverside setting, the amenities, and the near-downtown location are durable draws. The unit can be updated; the association picture and the rental mix shape value and financing. Read the unit, the association, and the rental mix first, then price the condition against comparable sales.

Riverwalk at Waterside Island in 15 seconds.

Best forBuyers who want a riverside, amenity-rich condo or townhome near downtown with a boat ramp.
Biggest advantageA riverside setting, a fitness center, a pool, courts, and a boat ramp near downtown Tampa.
Biggest riskThe rental mix, the association budget, and financing eligibility to verify per unit.
Sweet spotA well-kept, owner-quality unit in a good position with a healthy association, matched to comps.
Avoid ifYou want a detached home, new construction, or a large lot, or you will not read the association and rental mix.

HOA, Reserves & the Rental Mix

15-Second Take
  • An HOA funds the riverside amenities and grounds
  • Verify reserves and any special assessments
  • Confirm the owner-versus-rental ratio
  • Rental mix affects value and financing
  • Confirm the dues, inclusions, and rules per unit

Riverwalk at Waterside Island is managed by a homeowners association whose dues fund the riverside amenities, grounds, and common areas, in a rental-active community. Confirm the current dues, the reserves, any special assessments, the inclusions, the owner-versus-rental ratio, and any rental restrictions for the specific unit, because the association budget and the rental mix are central to value and financing.

The HOA funds the fitness center, the pool, the racquetball court, the playground, the picnic areas, the boat ramp, and the common areas. Verify the exact dues, reserves, assessments, inclusions, and the rental mix for the specific unit.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Riverwalk at Waterside Island, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Canvas Townhomes, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Riverwalk at Waterside Island home worth?

Get a no-obligation home value based on real comparable sales in Riverwalk at Waterside Island matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not a Zestimate.

Riverwalk at Waterside Island Market Scorecard

Strong seller's market

Riverwalk at Waterside Island is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8
Months supply
$1,019,500
Median list
$847,500
Median sold
$313
Per sqft
79
Days on mkt
6/8/41
Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Riverwalk at Waterside Island?
Riverwalk at Waterside Island is a condo and townhome community along the Hillsborough River in Tampa, Hillsborough County, near downtown, ZIP 33602.
What kind of homes are in Riverwalk at Waterside Island?
Two-story townhomes and condo units, primarily three-bedroom floor plans alongside smaller units of varying sizes.
What amenities does it have?
A fitness center, a pool, a racquetball court, a playground, picnic areas, and a boat ramp on the river.
Is there a boat ramp?
Yes. The community has a boat ramp on the Hillsborough River; confirm access and any rules for the specific unit.
Is Riverwalk at Waterside Island rental-active?
Yes, it is a rental-active community with many units offered for rent. Confirm the owner-versus-rental ratio and any rental restrictions, which affect value and financing.
What does the HOA cover?
The HOA funds the riverside amenities, grounds, and common areas. Confirm the dues, reserves, and any assessments for the specific unit.
What schools serve the community?
It is part of the Hillsborough County school district. Assignment is by address and can change, so confirm the exact zoned schools.
Does it flood?
It is along the Hillsborough River, so exposure is parcel specific. Run the FEMA flood zone and confirm the association's master flood coverage for the specific unit.
Is Riverwalk at Waterside Island a good value?
A riverside, amenity-rich community with a boat ramp near downtown supports demand, with value driven by the unit, the position, the association budget, and the rental mix. This is not a guarantee of future value.
What should I check before buying here?
The unit and position, the dues, reserves, and assessments, the owner-versus-rental ratio and financing eligibility, the condition, and the flood coverage.
Buyers who want a riverside, amenity-rich condo or townhome near downtownExcellent fit
Boaters who value a community boat ramp on the riverExcellent fit
Investors comfortable with a rental-active communityExcellent fit
Buyers who want a near-downtown Tampa locationExcellent fit
Buyers who will read the association budget and rental mixExcellent fit
Buyers who want a detached single-family home with a yardProbably not
Anyone unwilling to read an association budget and rental mixProbably not
Buyers who want new construction with a warrantyProbably not
Buyers who want a large private lotProbably not
Buyers who need straightforward conventional financing without checking owner-occupancyProbably not

Get the inside read on Riverwalk at Waterside Island

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Riverwalk at Waterside Island home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Riverwalk at Waterside Island specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Riverwalk at Waterside Island — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively 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; deemed reliable but not guaranteed by MLS GRID.

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