Watercrest
Homes for Sale in Odessa, FL
All 221 homes for sale in Odessa, FL · median $700,000 · 205 homes for sale in 33556 · Hillsborough County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 6 closed sales in Watercrest- Ph 2 in Odessa, FL since 2013, the most recent in June 2026. Across Odessa as a whole, 285 homes closed in the last 12 months at a median of $685,000, 40 median days on market, with 193 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $10,770 ($10,150 with the full homestead exemption).
There is not enough active MLS data on Watercrest- Ph 2 right now to pin down a price trend, a typical day-on-market figure, or a reliable read on where values are settling. That is itself the story: this is a thin-data community at this moment, and any number someone quotes you outside of a direct listing pull should be treated with caution.
For a buyer or seller, that means the smart move is to work off current, individual listings rather than assumed comps. Phase 2 naming suggests the community was built or is being built in stages, which can affect how comparable a home actually is to its neighbors depending on which section and build cycle it came from.
Figures in this note are as of July 21, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Watercrest- Ph 2 right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Watercrest- Ph 2 sits in Odessa, Hillsborough County, and current MLS activity has not surfaced amenity data or enough listing volume to characterize the market in numbers — so this is a community to evaluate listing-by-listing rather than by aggregate stats.
Stellar MLS sales records identify 10 homes in Watercrest that have changed hands since 2006, built between 2006 and 2014 (median 2011), with a median living area of about 4,267 sq ft and a typical 5-bedroom, 4-bath layout; 100% are single-family homes. 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.
Who Watercrest is best for.
Best for
- A buyer willing to verify amenities, HOA terms, and phase-specific details directly rather than relying on listing summaries
- A buyer prioritizing a newer build over an established amenity package
- A seller comfortable pricing off individual comparable sales rather than a published market trend
Probably not for
- A buyer who wants a confirmed clubhouse, pool, or other shared amenity in place before purchase
- A buyer who wants a well-documented price history to benchmark against
- A seller expecting an established market narrative to support a listing price
The market around Watercrest
Watercrest is too small for its own price trend, so here is the market around it.
In ZIP 33556, 246 homes are on the market and 26% are under contract — a steady corner of Odessa.
Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).
In ZIP 33556 (Odessa), 502 homes closed in the last 12 months at a median of $664K ($261/sq ft), up 2.7% year over year, with a median 40 days on market. Right now 70 active and 22 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 33556 housing market and the Hillsborough County market.
ZIP and county figures describe the wider market, not Watercrest specifically. Momentum Research analysis of MLS records.
The Watercrest buying strategy.
If we were buying in Watercrest 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 Watercrest.
A Phase 2 community with a thin public record
Being labeled 'Phase 2' typically means the community was developed or is developing in sections, and it is worth confirming which section a specific home sits in, what was built when, and whether builder-installed features vary between phases. That context matters more here than in an established, fully-built-out neighborhood because the answer changes what a fair price actually looks like.
No community amenities have been identified from current MLS listings for Watercrest- Ph 2. That does not necessarily mean there are none — it may reflect gaps in how listings were entered, or it may mean this phase genuinely does not include amenity access that other phases have. Either way, do not assume a clubhouse, pool, or shared green space exists until it is confirmed on the specific listing or through the HOA documents.
The location and the amenities are priced into every listing in Watercrest. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When public MLS data is this thin, the value of an agent who will actually pull individual listings, cross-check HOA documents, and verify phase-specific details goes up, not down. We do not fill gaps with assumptions — we tell you plainly what we know, what we do not, and what needs a direct call to the HOA or builder before you commit.
Watercrest in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Watercrest 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 Watercrest sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Watercrest, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Watercrest home worth?
Get a no-obligation home value based on real comparable sales in Watercrest, 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 all homes for sale in Odessa →
Should you buy in Watercrest?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2013 (6 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.
Recent Developments in Watercrest Ph 2
Development, infrastructure, retail, and school activity affecting Watercrest Ph 2, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- August 2026Development
AECOM Hunt selected as construction manager for proposed $2.3 billion Rays ballpark in Tampa
AECOM Hunt joined the design team led by Populous for the proposed ballpark on a site that includes Hillsborough College property. The stadium would have at least 28,000 fixed seats, with a construction start targeted for September 2026 and completion by late 2028. Tampa's public contribution is up to $80 million and financing is not finalized.
What it may mean for the marketA large ballpark and surrounding mixed-use district would add construction jobs, event traffic and retail demand on the Dale Mabry corridor. The site is about 9 miles southwest of Watercrest Ph 2.
Source: Tampa Bay Business and Wealth - August 2026Infrastructure
Four firms vie to build Tampa International Airport's $150 million control tower
TPA narrowed the field to four builders for a new blast-resistant air traffic control tower on about 2 acres northwest of the main terminal. The budget is about $150 million, with board selection expected Oct. 1 and substantial completion targeted for March 2029.
What it may mean for the marketAirport capital spending supports construction employment and long-term air service capacity for the region. The site is about 11 miles southwest of Watercrest Ph 2.
Source: Tampa Bay Business and Wealth - August 2026Development
ONE Tampa condo tower tops out at 42 stories with nearly 70% of units sold
Kolter Urban's 42-story tower at North Ashley Drive and East Twiggs Street has 225 residences and is capped at 649 feet by aviation limits. Closings are expected to begin in the third quarter of 2027. About 5,000 square feet of ground-floor restaurant space is planned.
What it may mean for the marketNew downtown condo inventory and ground-floor dining add housing choices and walkable amenities near Curtis Hixon Waterfront Park. The project is about 9 miles southwest of Watercrest Ph 2, elsewhere in Hillsborough County.
Source: Tampa Bay Business and Wealth - July 2026Development
33-story tower planned for Water Street Tampa expansion
Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.
What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 10 miles southwest of Watercrest Ph 2, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Development
Mercy Oaks II affordable apartments open on North Florida Avenue
Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.
What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 6 miles southwest of Watercrest Ph 2, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Builder Activity
First 3D-printed affordable home nears completion in East Tampa
The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.
What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 6 miles south of Watercrest Ph 2, elsewhere in Hillsborough County.
Source: Bay News 9
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.
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Common questions about Watercrest
Where is Watercrest?
Watercrest is a community in Odessa, Hillsborough County, Florida, ZIP 33556.
Are there homes for sale in Watercrest right now?
No active listings inside Watercrest at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Watercrest have an HOA or CDD?
No HOA is on record for Watercrest in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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