Waterchase Ph 5
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Waterchase Ph 5 is a small, built-out enclave of 66 homes in Tampa, delivered largely in the 2002 to 2012 window with a median build year of 2005. What sets price here is size and condition, not lot count or new construction. With a median living area north of 4,600 square feet, these are substantial homes, and the spread in value tracks how thoroughly a given house has been updated since the mid-2000s.
The closing sample is thin — one recent closing in this window — so treat any single sale as a data point, not a trend. High homestead occupancy, at roughly 85 percent, tells you this is an owner-held pocket where inventory turns slowly. Sellers hold leverage on well-maintained homes; buyers should expect to move deliberately and underwrite condition carefully rather than assume a market rate.
Who Waterchase Ph 5 is best for.
Best for
- Buyers seeking maximum square footage in an established, built-out section
- Long-hold owners comfortable with a slow-turnover, owner-occupied pocket
- Buyers willing to pay for a fully updated home rather than chase a bargain
Probably not for
- Buyers who want brand-new construction or the latest floor plans
- Investors needing liquidity or frequent inventory to trade
- Buyers unwilling to budget for updates on a two-decade-old home
The market around Waterchase Ph 5
Waterchase Ph 5 is a small community — 22 recorded sales on file, most recently in 2022 — too few for its own price trend. Here is the market around it.
Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Waterchase Ph 5 specifically. Momentum Research analysis of MLS records.
The Waterchase Ph 5 buying strategy.
If we were buying in Waterchase Ph 5 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 5.
Size-driven, condition-priced
With just 66 homes and a construction era spanning 2002 to 2012, Waterchase Ph 5 offers a consistent product type: large homes on the higher end of square footage, most now around two decades old. The median living area above 4,600 square feet means maintenance, systems, and finish level carry real weight in pricing — a home that has replaced roof, HVAC, and kitchens will read very differently than one still on original mid-2000s systems.
Because homestead occupancy sits near 85 percent, turnover is limited and each listing matters. That scarcity can support price on quality homes, but it also means comparables are sparse. Both sides should lean on condition-level analysis rather than a headline per-square-foot number.
The location and the amenities are priced into every listing in Waterchase Ph 5. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 66-home pocket with light turnover and a thin recent sales record, generic pricing tools fall short. We underwrite these homes on condition and updates rather than a single comp, and we know how to position a large early-2000s home so its improvements are credited — or, on the buy side, where the deferred maintenance is hiding.
Waterchase Ph 5 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 5 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 5 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 5, 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 5 home worth?
Get a no-obligation home value based on real comparable sales in Waterchase Ph 5, 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 5 on the map →
Frequently Asked Questions
How many homes are in Waterchase Ph 5?
What share of Waterchase Ph 5 is owner-occupied?
When were the homes in Waterchase Ph 5 built?
Do cash buyers compete in Waterchase Ph 5?
Who is the best real estate agent for Waterchase Ph 5?
How do I find a top Tampa real estate agent who knows Waterchase Ph 5?
Can Momentum Realty connect me with an agent for Waterchase Ph 5?
Should you buy in Waterchase Ph 5?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33626)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (11 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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