Waterf0240
Homes for Sale in Orlando, FL
All 4,383 homes for sale in Orlando, FL · median $379,000 · 176 homes for sale in 32828 · Orange County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, Waterf0240 in Orlando, FL has 1 home for sale. As of November 2026, the MLS records 1 closed sale in Waterf0240 in Orlando, FL, the most recent in August 2023. Across Orlando as a whole, 8,585 homes closed in the last 12 months at a median of $395,000, 40 median days on market, with 3,929 homes for sale today. At that median and Orange County's FY2025-26 rate of 16.67 mills, annual property tax runs about $6,590 ($5,910 with the full homestead exemption).

Price here is driven by the homes themselves, not by a wide spread of product types. This is a small, uniform community: 61 homes, all built in a tight window around 2003 and 2004, with a median living area north of 3,200 square feet. That size and vintage set the floor; condition and updates set the rest. We don't publish a range because the sample is too thin to pretend precision, and what moves one sale is the quality of the kitchen and systems, not the ZIP code.
Supply is the headline. With a single active listing against 61 homes, there is almost nothing to choose from on any given day. For a seller, that scarcity is leverage - a well-prepared home faces little direct competition. For a buyer, it means patience and readiness: when the right one lists, you move, because the next comparable may be months out.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Waterf0240 is a small, gated, deed-restricted enclave in Orlando's Orange County, built out in a short early-2000s window, where larger floor plans and low turnover define the market more than any single price point.
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 Waterf0240 is best for.
Best for
- Buying to hold in a gated, deed-restricted community with low turnover
- Seeking a larger floor plan from the early 2000s with room to update
- Valuing community amenities like tennis, basketball, a park, and a playground
Probably not for
- Needing to choose from many listings on a tight timeline
- Wanting new construction or a wide variety of floor plans
- Preferring no HOA, deed restrictions, or gated access
The market around Waterf0240
Waterf0240 is too small for its own price trend, so here is the market around it.
In ZIP 32828, 227 homes are on the market and 24% are under contract — a steady corner of Orlando.
Across Orange County, 5,774 homes are active and 1,755 pending (23% under contract).
In ZIP 32828 (Orlando), 223 homes closed in the last 12 months at a median of $504K ($222/sq ft), up 1.3% year over year, with a median 35 days on market. Right now 33 active and 12 pending listings put supply at about 1.8 months - a healthy market. See the live ZIP 32828 housing market and the Orange County market.
ZIP and county figures describe the wider market, not Waterf0240 specifically. Momentum Research analysis of MLS records.
Life at Waterf0240
- Basketball Court · reported on 1 of 1 listings
- Park · reported on 1 of 1 listings
- Tennis Court(s) · reported on 1 of 1 listings
- Community Mailbox · reported on 1 of 1 listings
- Deed Restrictions · reported on 1 of 1 listings
- Gated Community - No Guard · reported on 1 of 1 listings
- Playground · reported on 1 of 1 listings
- Gated Community · reported on 1 of 1 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
The Waterf0240 buying strategy.
If we were buying in Waterf0240 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 Waterf0240.
A uniform, amenity-backed enclave
The housing stock is consistent: 61 homes, a median year built of 2003 within a 2003 - 2004 range, and a median living area of about 3,214 square feet. That means you're largely comparing like to like, so the differentiators are updates, layout, and lot position rather than era or scale. A homestead share near 66% points to a community held mostly by long-term owners, which helps explain the thin resale supply.
Amenities reported across MLS listings include a park, playground, basketball and tennis courts, plus the structure of a gated, deed-restricted community with no staffed guard and a community mailbox. Those are owner-maintained through the HOA, so verify current access, fees, and rules directly before you write an offer.
The location and the amenities are priced into every listing in Waterf0240. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this small with this little inventory, timing and preparation are everything. We track turnover across these 61 homes, help sellers position against near-zero direct competition, and keep buyers ready to act when a rare listing surfaces - including the HOA verification that matters in a gated, deed-restricted community.
Waterf0240 in 15 seconds.
Tools for a Waterf0240 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 Waterf0240 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterf0240, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterf0240 home worth?
Get a no-obligation home value based on real comparable sales in Waterf0240, 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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Recently off market in Waterf0240
Homes in Waterf0240 that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 969 Horseshoe Falls Drive · off market
| Location | Orlando, Orange County, FL · ZIP 32828 |
|---|---|
| Homes in the community | 61 (FL DOR 2025 assessment roll) |
| Years built | 2003–2004 (median 2003) |
| Typical living area | 3,214 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $499,900 |
| Owner-occupied (homestead) share | 66% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2023 through 2023; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Waterf0240 key facts,” movewithmomentum.com/neighborhoods/waterf0240-orlando, data as of September 20, 2026.
Housing distress & ownership in Waterf0240, Orlando
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Horseshoe Falls Drive (1 homes on record)
Email me new listings in Waterf0240
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Waterf0240
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Waterf0240 will answer, and the answer is published on this page for the next buyer.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Orange County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Orange County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
How many homes are in Waterf0240?
What share of Waterf0240 is owner-occupied?
When were the homes in Waterf0240 built?
Who is the best real estate agent for Waterf0240?
How do I find a top Orlando real estate agent who knows Waterf0240?
Can Momentum Realty connect me with an agent for Waterf0240?
Where is Waterf0240, and what county is it in?
Should you buy in Waterf0240?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 2, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32828)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2023 (1 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.
Own a home here?
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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. A Momentum agent can price yours against live local comps.
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See how Waterf0240 fits the bigger picture — live prices, inventory, and Momentum Scores:
