Waterleaf Ph 1B
Homes for Sale in Riverview, FL

Community in Riverview · Hillsborough County
159 homesBuilt 2014–2022
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Waterleaf Ph 1B 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 1 a year
Ownership and context
74%
Owner-occupied · Waterleaf Ph 1B
118 of 159 parcels homesteaded (FL DOR 2025)
26%
Non-owner-occupied · Waterleaf Ph 1B
incl. 2% trust or LLC-held · 8% out-of-state
25%
Cash buyers · Waterleaf Ph 1B
2 of 8 sales, 12 mo ending June 2021
159
Homes in the community
159 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2014
Community established
homes built 2014-2022, median 2016 (FL DOR 2025)
1
Failed listings · 2026
peaked at 3 in 2025
0.6%/yr
Turnover rate
about 1 of 159 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterleaf Ph 1B is a tight, purpose-built pocket of Riverview: 159 homes built between 2014 and 2022, with the median coming in around 2016. That means the housing stock is relatively uniform in age and construction era, so what actually moves price here is condition, lot, and finish level rather than vintage. With a build window this narrow, buyers are comparing similar bones — the spread comes from what owners have done since.

The homes are sizable, with a median around 2,604 square feet, so this reads as a move-up product rather than an entry point. Roughly 74% of homes carry a homestead exemption, which points to an owner-occupied core and typically a slower, steadier turnover than an investor-heavy tract. For a seller that supports pricing discipline; for a buyer it means listings that come up are worth acting on rather than waiting out.

Best for

  • Move-up buyers who need larger floor plans and are prepared to carry the space
  • Buyers who prize newer construction and want to avoid older-home maintenance surprises
  • Long-hold owner-occupants comfortable in a low-turnover, owner-heavy setting

Probably not for

  • Budget-focused buyers looking for an entry-level price or a small home
  • Investors seeking high-churn rental turnover
  • Buyers who want a wide selection to compare on any given weekend

The market around Waterleaf Ph 1B

Waterleaf Ph 1B is a small community — 11 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Waterleaf Ph 1B specifically. Momentum Research analysis of MLS records.

If we were buying in Waterleaf Ph 1B 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 Waterleaf Ph 1B.

Best Buy
Buyers who need real square footage in a newer, low-churn Riverview enclave.
Biggest Risk
Limited turnover means few choices at any given moment.
Sweet Spot
An updated home near the median size that shows well.
Avoid If
You want a small footprint or an entry-level price point.

A uniform build era, priced on condition

When a subdivision is delivered inside an eight-year window, the usual price levers — foundation age, structural systems, roof era — are largely off the table. That shifts the negotiation to interior updates, outdoor space, and how a specific home shows. In Waterleaf Ph 1B, expect the widest price gaps between a lightly lived-in home and one that has been meaningfully upgraded, not between an old home and a new one.

The median living area near 2,604 square feet tells you this is not a starter-home community. These are floor plans built for room, which narrows the buyer pool to those who genuinely need the space and can carry it. The high homestead share — about 74% — reinforces that these are homes people settle into, so inventory tends to be limited and the community does not churn like a rental-heavy area.

The location and the amenities are priced into every listing in Waterleaf Ph 1B. 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 community this uniform, pricing is won or lost on condition and comps, not on square-footage guesswork. We read the finish level against recent closings and tell you plainly where a home sits — so sellers price to the actual market and buyers don't overpay for cosmetics. With limited turnover in an owner-occupied enclave, we also help you move decisively when the right listing appears.

Waterleaf Ph 1B in 15 seconds.

Best forBuyers who need real square footage in a newer, low-churn Riverview enclave.
Biggest advantageA uniform build era makes homes easy to compare and value on condition.
Biggest riskLimited turnover means few choices at any given moment.
Sweet spotAn updated home near the median size that shows well.
Avoid ifYou want a small footprint or an entry-level price point.

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 Waterleaf Ph 1B sales matched to your home.

What is your Waterleaf Ph 1B home worth?

Get a no-obligation home value based on real comparable sales in Waterleaf Ph 1B, 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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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Waterleaf Ph 1B?
The Florida DOR 2025 assessment roll shows 159 homes in Waterleaf Ph 1B (public records).
What share of Waterleaf Ph 1B is owner-occupied?
74% of Waterleaf Ph 1B parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterleaf Ph 1B built?
Homes in Waterleaf Ph 1B were built between 2014 and 2022, with a median year built of 2016.0 (FL DOR 2025 roll).
Do cash buyers compete in Waterleaf Ph 1B?
Cash buyers took 25% of Waterleaf Ph 1B sales in the 12 months ending June 2021 (2 of 8 closings, Stellar MLS).
Who is the best real estate agent for Waterleaf Ph 1B?
The best agent for Waterleaf Ph 1B is one who actively works Riverview 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 Waterleaf Ph 1B.
How do I find a top Riverview real estate agent who knows Waterleaf Ph 1B?
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 Waterleaf Ph 1B and the wider Riverview area.
Can Momentum Realty connect me with an agent for Waterleaf Ph 1B?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterleaf Ph 1B purchase or sale - no call center and no pressure.
Move-up buyers who need larger floor plans and are prepared to carry the spaceExcellent fit
Buyers who prize newer construction and want to avoid older-home maintenance surprisesExcellent fit
Long-hold owner-occupants comfortable in a low-turnover, owner-heavy settingExcellent fit
Budget-focused buyers looking for an entry-level price or a small homeProbably not
Investors seeking high-churn rental turnoverProbably not
Buyers who want a wide selection to compare on any given weekendProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33579))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (12 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. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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