Waterfront Estates 1St
Homes for Sale in Orlando, FL

Community in Orlando · Orange County · ZIP 32806
Median sale $389K
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Built fromLive Stellar MLS data19 years of closingsUpdated twice daily

As of September 2026, Waterfront Estates 1St Add in Orlando, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $389,000, $279 per square foot, a median 60 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 1957–1959. At the median price and Orange County's FY2025-26 rate of 16.67 mills, annual property tax runs about $6,490 ($5,810 with the full homestead exemption).

Live · Waterfront Estates 1St Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · 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: 96.2%
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
60days
Median DOM · closed
18 days at the 2016 low
0%
Under contract
Orange: 24% (1,877 of 7,786)
2 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 19 years of records
1,964sqft
Median sold home size
12-mo windows, closed sales
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.

Waterfront Estates 1St Housing Pulse · Momentum Research · as of September 12, 2026

Waterfront Estates 1St right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Waterfront Estates 1St market snapshot (as of September 12, 2026): the median sale price is about $389K ($279 per sq ft over the trailing 12 months of closed sales), a median 60 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market.

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 2007 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 3 in the current window.

Waterfront Estates 1St Add Market Scorecard

Strong buyer's market

Waterfront Estates 1St Add is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $470,000, and homes go under contract in about 16 days.

12.0
Months supply
$470,000
Median list
$475,000
Median sold
$301
Per sqft
16
Days on mkt
2/0/2
Active/Pend/Sold

Typical home value in the 32806 ZIP is $439,817, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Waterfront Estates 1St

Live MLS inventory for Waterfront Estates 1St. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Waterfront Estates 1St listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2007 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Orange County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pershing Elem · Elementary
  • Conway Middle · Middle
  • Boone High · High

Zoned schools reflect the assignments reported on recent Waterfront Estates 1St listings and can change; always confirm with Orange County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Waterfront Estates 1St address.

If we were buying in Waterfront Estates 1St 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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.

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. 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 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
  • 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.

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 sales matched to your home.

What is your Waterfront Estates 1St home worth?

Get a no-obligation home value based on real comparable sales in Waterfront Estates 1St, 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 Waterfront Estates 1St on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Waterfront Estates 1St?
The median sale price in Waterfront Estates 1St was $389K over the 12 months ending September 12, 2026 (3 closed sales, Stellar MLS).
How long do homes in Waterfront Estates 1St take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 60 days on market (3 sales, Stellar MLS).
Is Waterfront Estates 1St a buyer's or seller's market right now?
As of September 12, 2026, Waterfront Estates 1St leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Waterfront Estates 1St?
The best agent for Waterfront Estates 1St 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.
How do I find a top Orlando real estate agent who knows Waterfront Estates 1St?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waterfront Estates 1St and the wider Orlando area.
Can Momentum Realty connect me with an agent for Waterfront Estates 1St?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterfront Estates 1St 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

Nearby Communities

Explore more neighborhoods near Waterfront Estates 1St with Momentum Realty’s local guides.

Waterfront Estates 3Rd Add Orlando0.3 mi awayLVLakeside Village Orlando0.4 mi awayMercerdees Grove Orlando0.4 mi awayWilliams Grove Orlando0.5 mi awayPershing Terrace Orlando0.5 mi awayFernway Orlando0.5 mi awayConway Estates Orlando0.7 mi awayGlass Gardens Orlando0.7 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesStellar MLS records, as of 2026-09-08
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.

Own a home here?

You just read the data. Now see what your home is worth.

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 local comps.

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CallFree valuation →
Thinking of selling in Waterfront Estates 1St Add? 3 recorded closings; median 60 days on market (window ending 2026-09-12). 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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