WATERFORD LAKES TR N11 PH 01
Homes for Sale in ORLANDO, FL

Community in ORLANDO · Orange County · ZIP 32828
135 homesBuilt 1994–1997
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · WATERFORD LAKES TR N11 PH 01 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
76%
Owner-occupied · WATERFORD LAKES TR N11 PH 01
102 of 135 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · WATERFORD LAKES TR N11 PH 01
incl. 7% trust or LLC-held · 100% out-of-state
0%
Cash buyers · WATERFORD LAKES TR N11 PH 01
0 of 3 sales, 12 mo ending June 2026
135
Homes in the community
135 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1994
Community established
homes built 1994-1997, median 1995 (FL DOR 2025)
0
Failed listings · 2025
peaked at 3 in 2019
0.7%/yr
Turnover rate
about 1 of 135 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a small, tightly defined pocket of 111 homes built between 1994 and 1997, with a median just under 1,800 square feet. When a subdivision is this uniform in age and size, price is driven less by square footage and more by condition and updates. Two homes with identical footprints can sell well apart depending on whether kitchens, baths, roofs, and systems have been touched since the original build.

The homestead share sits near three-quarters, which tells you this is a lived-in, owner-occupied section rather than an investor churn zone. That typically means fewer listings hitting the market at once and slower, steadier turnover. For a buyer, that argues for patience and readiness to move when the right updated home appears. For a seller, condition and presentation are the levers you actually control here.

Best for

  • Buyers wanting an established, low-turnover section who can wait for the right listing
  • Owner-occupants comfortable budgeting for updates on a mid-1990s home
  • Value-minded buyers willing to take on a lightly dated home and improve it over time

Probably not for

  • Buyers who need to choose from steady, plentiful inventory on a tight timeline
  • Those seeking new construction or move-in-ready with no deferred maintenance
  • Buyers wanting a broad spread of home sizes rather than one consistent footprint

The market around WATERFORD LAKES TR N11 PH 01

WATERFORD LAKES TR N11 PH 01 is a small community — 13 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

In ZIP 32828, 241 homes are on the market and 29% are under contract — a steady corner of ORLANDO.

Across Orange County, 5,873 homes are active and 2,054 pending (26% under contract).

The housing mix here is 99% single family residence, 1% ?.

ZIP and county figures describe the wider market, not WATERFORD LAKES TR N11 PH 01 specifically. Momentum Research analysis of MLS records.

If we were buying in WATERFORD LAKES TR N11 PH 01 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 WATERFORD LAKES TR N11 PH 01.

Best Buy
Buyers who want a consistent, established east-Orlando product and are ready to move when an updated home surfaces.
Biggest Risk
Mid-1990s systems mean roof, HVAC, and kitchens may be due, and price swings with condition.
Sweet Spot
An updated home in the roughly 1,800-square-foot median footprint.
Avoid If
You need frequent inventory or a wide range of sizes to choose from.

A uniform vintage where condition sets the spread

With every home built inside a four-year window and a median living area around 1,778 square feet, the housing stock here is remarkably consistent. That consistency is a double-edged sword: it makes comparables clean, but it also means the visible difference between homes comes down to what owners have done since 1995. Roofs, HVAC, kitchens, and flooring at this vintage are all candidates for replacement, and how much of that work has been done is where value diverges.

The high homestead share suggests limited turnover, so inventory in this specific phase can be thin. Buyers should treat any well-maintained or updated listing as something that may not repeat for a while, and budget realistically for deferred maintenance on homes that have not been touched. Sellers who have kept systems current have a genuine story to tell against neighbors who have not.

The location and the amenities are priced into every listing in WATERFORD LAKES TR N11 PH 01. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a phase this small and this uniform, the win comes from reading condition against the median, not chasing a headline number. We help buyers price the gap between an updated home and a project, and we help sellers position the specific updates that separate their home from the rest of a same-age, same-size field.

WATERFORD LAKES TR N11 PH 01 in 15 seconds.

Best forBuyers who want a consistent, established east-Orlando product and are ready to move when an updated home surfaces.
Biggest advantageA uniform vintage makes comparables clean and value easy to reason about.
Biggest riskMid-1990s systems mean roof, HVAC, and kitchens may be due, and price swings with condition.
Sweet spotAn updated home in the roughly 1,800-square-foot median footprint.
Avoid ifYou need frequent inventory or a wide range of sizes to choose from.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed WATERFORD LAKES TR N11 PH 01 sales matched to your home.

What is your WATERFORD LAKES TR N11 PH 01 home worth?

Get a no-obligation home value based on real comparable sales in WATERFORD LAKES TR N11 PH 01, 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 WATERFORD LAKES TR N11 PH 01 on the map →

Real comps, not an automated estimate.

Recent Developments in Waterford Lakes Tr N11 Ph 01

Development, infrastructure, retail, and school activity affecting Waterford Lakes Tr N11 Ph 01, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    Capstone begins construction on The Gateway luxury apartments

    Capstone Building Corp began construction on The Gateway, a 270-unit apartment community at 7250 Shadowridge Drive in Orlando, developed by JBL Development. The five-story gated project spans more than 417,000 square feet and is expected to be completed in late 2027. Amenities include a saltwater pool, fitness center, pickleball court, and a clubhouse with a restaurant and bar.

    What it may mean for the marketAdds 270 market rate apartments in a five story building with resort style amenities, expanding the local rental housing stock in the Airport Lakes area of south Orlando. The project is about 7 miles southwest of Waterford Lakes Tr N11 Ph 01, elsewhere in Orange County.

    Source: Construction Owners
  2. July 2026
    Development

    Orange County opens Enclave at Canopy Park with 104 affordable units

    Orange County opened The Enclave at Canopy Park, a 104-unit affordable apartment community at 4440 Canopy Park Loop developed by Archway Partners. The county contributed 3 million dollars from its Affordable Housing Trust Fund. The community includes one and two bedroom homes plus a community center, fitness center, technology lab, and EV charging.

    What it may mean for the marketAdds 104 income-restricted apartment homes to the local rental supply along with new community amenities and green-certified construction. The project is about 9 miles west of Waterford Lakes Tr N11 Ph 01, elsewhere in Orange County.

    Source: ClickOrlando
  3. July 2026
    Civic

    Orange County previews new Innovation Center on West Colonial Drive

    Orange County previewed its new Innovation Center at 7149 West Colonial Drive, located within the county's Multicultural Center and Senior Center complex, with an official opening set for Fall 2026. The center will offer technology programs including 3D printing and makerspace prototyping through the Orange County Library System, plus career exploration and workforce training through CareerSource Central Florida.

    What it may mean for the marketAdds a county operated civic and technology facility with library and workforce programming to the West Colonial corridor. The project is about 14 miles west of Waterford Lakes Tr N11 Ph 01, elsewhere in Orange County.

    Source: Orange County Newsroom
  4. June 2026
    Development

    Mixed-use high-rise redesigned for 924 and 934 North Magnolia Avenue

    A redesigned 17-story mixed-use high-rise was proposed for 924 and 934 North Magnolia Avenue in Orlando's North Quarter district by Acram Group. The project would include 350 residential units, about 3,300 square feet of ground-floor commercial space, and a parking garage with 510 spaces, replacing two 1972 office buildings. A public plaza is planned at the corner of Magnolia and Weber Street.

    What it may mean for the marketWould replace two aging office buildings with 350 residences, ground floor retail, and structured parking, adding housing density and a public plaza along the Orlando Urban Trail. The project is about 9 miles west of Waterford Lakes Tr N11 Ph 01, elsewhere in Orange County.

    Source: Florida YIMBY
  5. June 2026
    Development

    Planning board approves zoning for 37-story tower at 170 East Washington Street

    Orlando's Municipal Planning Board voted to approve a Planned Development amendment for a 37-story, 425-foot mixed-use tower at 170 East Washington Street across from Lake Eola Park. The project would include 252 residential units, a 221-room hotel, a three-story restaurant, and structured parking. It still requires City Council consideration before construction.

    What it may mean for the marketWould add a 37 story tower with 252 residences and a hotel to the downtown skyline, replacing a prior approval for a 7 story hotel and increasing high density housing and parking supply. The project is about 8 miles west of Waterford Lakes Tr N11 Ph 01, elsewhere in Orange County.

    Source: Florida YIMBY
  6. March 2026
    Development

    Orlando approves the 380-acre Dowden Central Community Development District in Lake Nona

    Orlando approved the Dowden Central Community Development District, a roughly 380-acre district in the Lake Nona area of southeast Orlando, in March 2026. The district provides the framework to build roads, drainage, utilities, and parks for future development phases.

    What it may mean for the marketA new community development district lays the groundwork for large-scale growth in the Lake Nona area, a step that typically precedes new housing and commercial activity nearby. The site is about 9 miles south of Waterford Lakes Tr N11 Ph 01.

    Source: ClickOrlando

Development alerts for Waterford Lakes Tr N11 Ph 01Get a short monthly email when something new is approved, funded, or opens near Waterford Lakes Tr N11 Ph 01.

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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.

Frequently Asked Questions

How many homes are in WATERFORD LAKES TR N11 PH 01?
The Florida DOR 2025 assessment roll shows 135 homes in WATERFORD LAKES TR N11 PH 01 (public records).
What share of WATERFORD LAKES TR N11 PH 01 is owner-occupied?
76% of WATERFORD LAKES TR N11 PH 01 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in WATERFORD LAKES TR N11 PH 01 built?
Homes in WATERFORD LAKES TR N11 PH 01 were built between 1994 and 1997, with a median year built of 1995 (FL DOR 2025 roll).
Do cash buyers compete in WATERFORD LAKES TR N11 PH 01?
Cash buyers took 0% of WATERFORD LAKES TR N11 PH 01 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for WATERFORD LAKES TR N11 PH 01?
The best agent for WATERFORD LAKES TR N11 PH 01 is one who actively works ORLANDO and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for WATERFORD LAKES TR N11 PH 01.
How do I find a top ORLANDO real estate agent who knows WATERFORD LAKES TR N11 PH 01?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows WATERFORD LAKES TR N11 PH 01 and the wider ORLANDO area.
Can Momentum Realty connect me with an agent for WATERFORD LAKES TR N11 PH 01?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your WATERFORD LAKES TR N11 PH 01 purchase or sale - no call center and no pressure.
Buyers wanting an established, low-turnover section who can wait for the right listingExcellent fit
Owner-occupants comfortable budgeting for updates on a mid-1990s homeExcellent fit
Value-minded buyers willing to take on a lightly dated home and improve it over timeExcellent fit
Buyers who need to choose from steady, plentiful inventory on a tight timelineProbably not
Those seeking new construction or move-in-ready with no deferred maintenanceProbably not
Buyers wanting a broad spread of home sizes rather than one consistent footprintProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32828))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2015 (38 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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Thinking of selling in WATERFORD LAKES TR N11 PH 01? 1 recorded closings (window ending 2026-08-02). See the Orange County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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