Waterfront Estates 1St Add
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
251 homesBuilt 1926–2019Median sale $389K
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Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · Waterfront Estates 1St Add Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$389K
Median sold · 12 mo
$279/sf
Sold $/sqft · 12 mo
peak $279 in 2026
96.2%
Sale vs ask
Orange median: 96.0%
Tempo
60days
Median DOM · closed
18 days at the 2016 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
84%
Owner-occupied · Waterfront Estates 1St Add
213 of 252 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Waterfront Estates 1St Add
incl. 4% trust or LLC-held · 100% out-of-state
0%
Cash buyers · Waterfront Estates 1St Add
0 of 6 sales, 12 mo ending June 2020
251
Homes in the community
plus 1 vacant residential lots · 252 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1926
Community established
homes built 1926-2019, median 1959 (FL DOR 2025)
1
Failed listings · 2026
peaked at 3 in 2007
1,964sqft
Median sold home size
12-mo windows, closed sales
1.2%/yr
Turnover rate
about 3 of 251 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterfront Estates 1St Add is an older Orlando pocket where the housing stock spans nearly a century, from 1926 to 2019, with the typical home dating to 1959. That age spread is the story on price: at a median of $389,000 and roughly $279 per square foot, what you pay tracks condition more than location. A renovated mid-century home and an original one on the same street can sit far apart on value, so the median tells you less here than the specific house does.

The market posture is patient. A median of 60 days on market means homes are not clearing in a weekend, and with only a handful of recent closings, pricing signals are thin. Sellers should expect to earn their number with condition and correct pricing rather than momentum. Buyers get room to inspect, negotiate, and walk without pressure.

The 60-Second Overview

Waterfront Estates 1St Add market snapshot (as of July 15, 2026): the median sale price is about $389K ($279 per sq ft over the trailing 12 months of closed sales), and a median 60 days on market for closed sales.

Waterfront Estates 1St Add is a community of 251 homes in Orlando, Orange County, built between 1926 and 2019 (median 1959), with a median living area of about 1,683 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a small, established Orlando enclave of about 251 homes built mostly around the middle of the last century, where the bulk of owners hold homestead — a sign of a stay-put area rather than a churn-heavy one.

Best for

  • Buyers around the mid-$300s who want an established Orlando address and will pay for the right condition
  • Owner-occupants planning to hold for years rather than trade quickly
  • Renovation-minded buyers who can see value in an older, updatable home

Probably not for

  • Buyers who need a fast close in a high-turnover market
  • Anyone wanting move-in-ready uniformity without vetting each home's condition
  • Short-term investors counting on quick resale in a thin-sales area

Windows contain 0 to 4 sales each (3 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.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 3 in the current window.
Sellers who gave up · failed listings per year
01232006200820142016201820202026
Canceled, expired, or withdrawn. 3 quit in 2007; 1 so far in 2026. The clearest stress gauge a community has.

If we were buying in Waterfront Estates 1St Add 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 Waterfront Estates 1St Add.

Best Buy
Buyers who want an established Orlando pocket and are comfortable evaluating older homes on their merits.
Biggest Risk
A thin recent-sales record makes pricing and appraisals harder to pin down.
Sweet Spot
An updated mid-century home priced honestly against its condition.
Avoid If
You need a quick flip or a fast, no-drama close.

Age, condition, and a thin tape

With a median build year of 1959 and homes reaching back to 1926, condition is the single biggest variable in this market. A typical home runs about 1,683 living square feet, so these are modest, human-scaled houses, and the ones that have been updated command a very different price than those that haven't. Read every listing through the lens of what has and hasn't been touched — roof, systems, kitchens, and any foundation or moisture history on the older stock.

The homestead share sits near 85%, which points to a low-turnover area where inventory comes to market slowly. Combine that with only three closings in the recent window and you have a thin tape: comparable sales are scarce, so appraisals and pricing require judgment, not just a spreadsheet. That cuts both ways — less competition on any given listing, but also less data to anchor a fair number.

The location and the amenities are priced into every listing in Waterfront Estates 1St Add. 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 low-turnover pocket with few recent sales and a wide condition-driven price spread, the number on the tag means little without context. We price and negotiate off the actual house in front of us — its systems, its updates, its era — rather than a market average, and we know how to build a defensible value when the comparable set is thin.

Waterfront Estates 1St Add in 15 seconds.

Best forBuyers who want an established Orlando pocket and are comfortable evaluating older homes on their merits.
Biggest advantageLow turnover and a patient market give you time to inspect and negotiate.
Biggest riskA thin recent-sales record makes pricing and appraisals harder to pin down.
Sweet spotAn updated mid-century home priced honestly against its condition.
Avoid ifYou need a quick flip or a fast, no-drama close.

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 Waterfront Estates 1St Add sales matched to your home.

What is your Waterfront Estates 1St Add home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Waterfront Estates 1St Add?
The median sale price in Waterfront Estates 1St Add was $389K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Waterfront Estates 1St Add take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 60 days on market (3 sales, Stellar MLS).
How many homes are in Waterfront Estates 1St Add?
The Florida DOR 2025 assessment roll shows 251 homes plus 1 vacant residential lots in Waterfront Estates 1St Add (public records).
What share of Waterfront Estates 1St Add is owner-occupied?
84% of Waterfront Estates 1St Add parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterfront Estates 1St Add built?
Homes in Waterfront Estates 1St Add were built between 1926 and 2019, with a median year built of 1959 (FL DOR 2025 roll).
Do cash buyers compete in Waterfront Estates 1St Add?
Cash buyers took 0% of Waterfront Estates 1St Add sales in the 12 months ending June 2020 (0 of 6 closings, Stellar MLS).
Who is the best real estate agent for Waterfront Estates 1St Add?
The best agent for Waterfront Estates 1St Add 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 Waterfront Estates 1St Add.
How do I find a top Orlando real estate agent who knows Waterfront Estates 1St Add?
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 Waterfront Estates 1St Add and the wider Orlando area.
Can Momentum Realty connect me with an agent for Waterfront Estates 1St Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterfront Estates 1St Add purchase or sale - no call center and no pressure.
Buyers around the mid-$300s who want an established Orlando address and will pay for the right conditionExcellent fit
Owner-occupants planning to hold for years rather than trade quicklyExcellent fit
Renovation-minded buyers who can see value in an older, updatable homeExcellent fit
Buyers who need a fast close in a high-turnover marketProbably not
Anyone wanting move-in-ready uniformity without vetting each home's conditionProbably not
Short-term investors counting on quick resale in a thin-sales areaProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32806))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2007 (18 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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