Waterchase Ph 3
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Waterchase Ph 3 is a large, cohesive pocket of just over 200 homes built in a tight window between 2002 and 2007, with a median build year of 2004. That consistency matters: at a median of roughly 3,500 living square feet and a median price of $1,265,000, you are paying for scale and a settled, established build rather than new construction. Price here tracks condition and finish level more than lot-to-lot variation in age, so the spread between an updated home and a dated one can be wide even inside the same phase.
The current posture is fast. A median of 14 days on market means well-presented homes are transacting quickly, and with a homestead share around 92%, most inventory is owner-occupied rather than turnover from investors. For sellers that means a prepared, updated home can move without lingering; for buyers it means the window to act on the right listing is short, and overpaying for a home that only looks move-in ready is the real risk.
The 60-Second Overview
Waterchase Ph 3 market snapshot (as of July 13, 2026): the median sale price is about $1.27M ($311 per sq ft over the trailing 12 months of closed sales), and a median 14 days on market for closed sales.
Waterchase Ph 3 is a community of 202 homes in Tampa, Hillsborough County, built between 2002 and 2007 (median 2004), with a median living area of about 3,511 square feet. 92% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is an established, single-vintage community of about 202 homes on a large-format footprint, where the median $1,265,000 price reflects square footage and finish rather than a mix of home ages.
Who Waterchase Ph 3 is best for.
Best for
- Buyers with a budget around $1.25M seeking substantial living space in a settled, established community
- Move-up buyers who value a consistent build vintage and are ready to act on the right listing quickly
- Buyers willing to pay a premium for a truly renovated mid-2000s home rather than a dated one
Probably not for
- Buyers who require new construction or the latest floor plans and systems
- Bargain hunters expecting a slow market with extended negotiating room
- Buyers unwilling to fund inspections and potential updates on mid-2000s roofs, HVAC, and kitchens
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.27M) IS the median in the snapshot above.
Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Waterchase Ph 3 buying strategy.
If we were buying in Waterchase Ph 3 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Waterchase Ph 3.
A single-vintage community priced on condition
With every home built inside a 2002–2007 span, Waterchase Ph 3 does not offer the age-based price tiers you see in communities developed over decades. The median living area near 3,511 square feet and median price-per-square-foot around $311 tell you the real variable is what has been done to the home since it was built. Roofs, HVAC, kitchens, and baths from the mid-2000s are now at or past the point where updates matter to value, so two homes of similar size can justify very different numbers.
The high homestead share and quick 14-day median absorption point to a market where turnover is limited and demand is real. That combination tends to reward homes that are genuinely renovated and penalize homes that are merely staged. Buyers should budget inspection time to separate the two; sellers should understand that the fast pace only applies to homes presented honestly for their price point.
The location and the amenities are priced into every listing in Waterchase Ph 3. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a single-vintage community where price is driven by condition rather than age, the whole game is reading finish level, deferred maintenance, and where a specific home sits against the median. We price and inspect these homes for what they actually are, not what they show at first walkthrough, and in a market moving at a 14-day median we help you move decisively without overpaying.
Waterchase Ph 3 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Waterchase Ph 3 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Waterchase Ph 3 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterchase Ph 3, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterchase Ph 3 home worth?
Get a no-obligation home value based on real comparable sales in Waterchase Ph 3, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Waterchase Ph 3 on the map →
Frequently Asked Questions
What is the median home price in Waterchase Ph 3?
How long do homes in Waterchase Ph 3 take to sell?
How many homes are in Waterchase Ph 3?
What share of Waterchase Ph 3 is owner-occupied?
When were the homes in Waterchase Ph 3 built?
Do cash buyers compete in Waterchase Ph 3?
Who is the best real estate agent for Waterchase Ph 3?
How do I find a top Tampa real estate agent who knows Waterchase Ph 3?
Can Momentum Realty connect me with an agent for Waterchase Ph 3?
Should you buy in Waterchase Ph 3?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33626)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2012 (20 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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