Waterset Ph 1B
Homes for Sale in Apollo Beach, FL
True comps, carrying-cost math, and listings before the portals.
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.
Who Waterset Ph 1B is best for.
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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($599K) IS the median in the snapshot above.
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.
Recent Developments in Waterset Ph 1b
Development, infrastructure, retail, and school activity affecting Waterset Ph 1b, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
33-story tower planned for Water Street Tampa expansion
Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.
What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 26 miles north of Waterset Ph 1b, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Infrastructure
New Interstate 75 interchange planned for Parrish area access
A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.
What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The site is about 2 miles north of Waterset Ph 1b.
Source: Tampa Bay Times - July 2026Builder Activity
First 3D-printed affordable home nears completion in East Tampa
The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.
What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 28 miles north of Waterset Ph 1b, elsewhere in Hillsborough County.
Source: Bay News 9
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.
The Waterset Ph 1B buying strategy.
If we were buying in Waterset Ph 1B today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Waterset Ph 1B buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterset Ph 1B, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterset Ph 1B home worth?
Get a no-obligation home value based on real comparable sales in Waterset 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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Frequently Asked Questions
What is the median home price in Waterset Ph 1B?
How long do homes in Waterset Ph 1B take to sell?
How many homes are in Waterset Ph 1B?
What share of Waterset Ph 1B is owner-occupied?
When were the homes in Waterset Ph 1B built?
Do cash buyers compete in Waterset Ph 1B?
Who is the best real estate agent for Waterset Ph 1B?
How do I find a top Apollo Beach real estate agent who knows Waterset Ph 1B?
Can Momentum Realty connect me with an agent for Waterset Ph 1B?
Should you buy in Waterset Ph 1B?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33572)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-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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