Water's Edge
Homes for Sale in Clearwater, FL

This is a compact, uniform enclave — seven homes of one build year — so comparisons tend to come down to upkeep and finishes rather than floor plan or era. Expect thin, infrequent turnover rather than a steady flow of options.

Stellar MLS sales records identify 19 homes in WATER'S EDGE that have changed hands since 2008, built between 2008 and 2019 (median 2008), with a median living area of about 1,765 sq ft and a typical 3-bedroom, 2-bath layout; 68% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Water's Edge is a small community — 159 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 32827, 269 homes are on the market and 25% are under contract — a steady corner of Clearwater.

Across Pinellas County, 6,999 homes are active and 1,872 pending (21% under contract).

The housing mix here is 82% condominium, 12% single family residence, 6% ?.

In ZIP 32827 (Clearwater), 669 homes closed in the last 12 months at a median of $795K ($302/sq ft), down 5.3% year over year, with a median 47 days on market. Right now 136 active and 50 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32827 housing market and the Orange County market.

ZIP and county figures describe the wider market, not Water's Edge specifically. Momentum Research analysis of MLS records.

Everything here was built in 2008, which simplifies some things and complicates others. The upside is predictability: comparable construction, comparable systems, and a median footprint around 1,765 square feet means buyers roughly know what they are walking into. The flip side is that condition does the heavy lifting on value, so inspections and the maintenance history of each home carry real weight.

About 57% of homes carry a homestead exemption, which points to a core of owner-occupants rather than a rental-heavy block. No community amenities surface in the current MLS listings, so buy for the home and the Clearwater, Pinellas County location — not for a clubhouse or shared facilities that aren't part of the package.

In a seven-home community with just two active listings, local read matters more than any portal estimate. We track what actually sells and what condition drove the price, so you are negotiating off the specific home in front of you — not a rounded-off average. Whether you are buying the next home to list or deciding how to position the one you own, we keep the advice grounded in what this small market will bear.