Waterset Ph 1B
Homes for Sale in Apollo Beach, FL

Community in Apollo Beach · Hillsborough County
141 homesBuilt 2012–2019Median sale $599K
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Waterset Ph 1B Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$599K
Median sold · 12 mo
$184/sf
Sold $/sqft · 12 mo
peak $195 in 2022
96.4%
Sale vs ask
Hillsborough median: 95.9%
Tempo
46days
Median DOM · closed
9 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
78%
Owner-occupied · Waterset Ph 1B
110 of 142 parcels homesteaded (FL DOR 2025)
22%
Non-owner-occupied · Waterset Ph 1B
incl. 3% trust or LLC-held · 4% out-of-state
25%
Cash buyers · Waterset Ph 1B
1 of 4 sales, 12 mo ending June 2026
141
Homes in the community
plus 1 vacant residential lots · 142 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 2012
Community established
homes built 2012-2019, median 2013 (FL DOR 2025)
0
Failed listings · 2025
peaked at 5 in 2015
2,610sqft
Median sold home size
12-mo windows, closed sales
2.1%/yr
Turnover rate
about 3 of 141 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by size and condition more than by address. The median home runs a little over 3,000 square feet, and at a median of $599,000 that works out to roughly $184 a foot. That is a lot of house for the money, and it tells you the spread across listings is mostly about how a given home shows and what has been updated, not about location premiums within the phase.

The market posture is patient, not frantic. Homes are taking a median of 46 days to go under contract, so buyers have room to think and negotiate, and sellers should price to the current comps rather than reaching. With a homestead share near 78%, most of these homes are lived in rather than held as rentals, which tends to keep inventory measured and turnover deliberate.

The 60-Second Overview

Waterset Ph 1B market snapshot (as of July 13, 2026): the median sale price is about $599K ($184 per sq ft over the trailing 12 months of closed sales), and a median 46 days on market for closed sales.

Waterset Ph 1B is a community of 141 homes in Apollo Beach, Hillsborough County, built between 2012 and 2019 (median 2013.0), with a median living area of about 3,040 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Waterset Ph 1B is a defined, built-out pocket of Apollo Beach in Hillsborough County, with homes dating from 2012 to 2019 and a median build year of 2013 — new enough to avoid major-systems surprises, old enough that landscaping and finishes are mature.

Best for

  • Buyers targeting a roughly $599,000 budget who want maximum living space for the number
  • Owner-occupants who value a settled, largely homesteaded phase with mature surroundings
  • Move-up buyers who prefer a newer build over an older, higher-maintenance home

Probably not for

  • Buyers on a tight timeline who need to transact faster than a 46-day median allows
  • Investors chasing high rental turnover in a phase that is mostly owner-occupied
  • Buyers seeking a smaller, lower-priced home than the 3,000-plus-square-foot norm here

Windows contain 0 to 5 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
0242014201620182020202220242026
0 to 5 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0242016202020242025
Canceled, expired, or withdrawn. 5 quit in 2015; 0 so far in 2025. The clearest stress gauge a community has.

If we were buying in Waterset 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 Waterset Ph 1B.

Best Buy
Buyers who want square footage and a newer build without stretching into a luxury tier.
Biggest Risk
Thin recent comps make pricing harder to pin down on any single home.
Sweet Spot
An updated, well-kept home priced honestly against the mid-$599,000 median.
Avoid If
You need a quick close or expect to negotiate against constant fresh sales.

A size-driven submarket

At a median of about 3,040 square feet, these are substantial homes, and the median price of $599,000 reflects that scale. Because the price-per-foot sits near $184, the difference between one listing and the next usually comes down to updates, lot position, and how a home has been kept — read condition carefully before you read price.

With 141 homes in the phase and a tight recent closings window, comparable sales are thin at any given moment. That makes recent, condition-matched comps more valuable than headline averages. A 46-day median days-on-market means well-prepared homes move at a reasonable clip while overpriced ones sit.

The location and the amenities are priced into every listing in Waterset 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 phase this size with limited recent closings, the pricing conversation lives and dies on the right comps and an honest read of condition. We work Apollo Beach and the Stellar MLS every week, so we can tell you whether a home is priced to its finishes or to wishful thinking, and position a listing to sell inside a normal window rather than lingering.

Waterset Ph 1B in 15 seconds.

Best forBuyers who want square footage and a newer build without stretching into a luxury tier.
Biggest advantageStrong space-per-dollar at a median near $184 a foot.
Biggest riskThin recent comps make pricing harder to pin down on any single home.
Sweet spotAn updated, well-kept home priced honestly against the mid-$599,000 median.
Avoid ifYou need a quick close or expect to negotiate against constant fresh sales.

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 Waterset Ph 1B sales matched to your home.

What is your Waterset Ph 1B home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Waterset Ph 1B?
The median sale price in Waterset Ph 1B was $599K over the 12 months ending July 13, 2026 (3 closed sales, Stellar MLS).
How long do homes in Waterset Ph 1B take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 46 days on market (3 sales, Stellar MLS).
How many homes are in Waterset Ph 1B?
The Florida DOR 2025 assessment roll shows 141 homes plus 1 vacant residential lots in Waterset Ph 1B (public records).
What share of Waterset Ph 1B is owner-occupied?
78% of Waterset 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 Waterset Ph 1B built?
Homes in Waterset Ph 1B were built between 2012 and 2019, with a median year built of 2013.0 (FL DOR 2025 roll).
Do cash buyers compete in Waterset Ph 1B?
Cash buyers took 25% of Waterset Ph 1B sales in the 12 months ending June 2026 (1 of 4 closings, Stellar MLS).
Who is the best real estate agent for Waterset Ph 1B?
The best agent for Waterset Ph 1B is one who actively works Apollo Beach 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 Waterset Ph 1B.
How do I find a top Apollo Beach real estate agent who knows Waterset 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 Waterset Ph 1B and the wider Apollo Beach area.
Can Momentum Realty connect me with an agent for Waterset Ph 1B?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterset Ph 1B purchase or sale - no call center and no pressure.
Buyers targeting a roughly $599,000 budget who want maximum living space for the numberExcellent fit
Owner-occupants who value a settled, largely homesteaded phase with mature surroundingsExcellent fit
Move-up buyers who prefer a newer build over an older, higher-maintenance homeExcellent fit
Buyers on a tight timeline who need to transact faster than a 46-day median allowsProbably not
Investors chasing high rental turnover in a phase that is mostly owner-occupiedProbably not
Buyers seeking a smaller, lower-priced home than the 3,000-plus-square-foot norm hereProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33572))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (20 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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