Waterset Phase 5B-2
Homes for Sale in Apollo Beach, FL

Community in Apollo Beach · Hillsborough County
296 homesBuilt 2021–2023
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Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · Waterset Phase 5B-2 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 6 a year
Ownership and context
72%
Owner-occupied · Waterset Phase 5B-2
213 of 296 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Waterset Phase 5B-2
incl. 1% trust or LLC-held · 2% out-of-state
10%
Cash buyers · Waterset Phase 5B-2
2 of 21 sales, 12 mo ending June 2023
296
Homes in the community
296 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 2021
Community established
homes built 2021-2023, median 2022 (FL DOR 2025)
0
Failed listings · 2025
peaked at 1 in 2025
0.3%/yr
Turnover rate
about 1 of 296 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterset Phase 5B-2 is a compact, recently built pocket within Apollo Beach: 296 homes, all delivered between 2021 and 2023, with a median build year of 2022. What sets price here is condition and finish level, not age — the housing stock is uniform and young, so the spread comes down to floor plan, lot, upgrades, and how a given home shows. With a median living area around 2,743 square feet, these are substantial homes, and buyers are largely paying for space and newness.

The 72% homestead share tells you most of these are owner-occupied primary residences rather than rentals or short-term holds, which tends to keep the resale supply measured. For a seller, that means you are usually competing against a handful of similar homes at a time rather than a flood of inventory. For a buyer, patience and readiness matter — when the right plan and lot come up, you want to be positioned to move.

Best for

  • Buyers who want a newer home with substantial square footage and are prepared to compete when the right plan appears
  • Owner-occupant buyers seeking a primary residence in a settled, mostly owner-held section
  • Move-up buyers whose budget centers on the community's median and who value newer construction over character

Probably not for

  • Buyers needing a compact, lower-maintenance footprint well below the median size here
  • Investors chasing a rental-heavy section, given the high owner-occupancy share
  • Buyers who prefer an older, established neighborhood with mature landscaping and varied architecture

The market around Waterset Phase 5B-2

Waterset Phase 5B-2 is a small community — 1 recorded sale on file, most recently in 2025 — 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 Waterset Phase 5B-2 specifically. Momentum Research analysis of MLS records.

If we were buying in Waterset Phase 5B-2 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 Phase 5B-2.

Best Buy
Buyers who want current-generation construction and real square footage without hunting through mixed vintages.
Biggest Risk
With homes so similar, condition and upgrades drive value more than most buyers expect.
Sweet Spot
A well-kept 2021–2023 home near the 2,743 sqft median that shows in move-in shape.
Avoid If
You want a small footprint or an established, older-tree neighborhood feel.

A young, uniform section within a larger community

Because every home here was built in a three-year span, the practical differences between listings are narrow: layout, lot position, and how much the current owner invested after purchase. That makes comparables cleaner than in an older, patchwork neighborhood, but it also means you should scrutinize finishes and any post-close upgrades carefully — two homes with the same base plan can price differently on condition alone. We do not have a price range to quote here, only the community's central tendency, so treat every specific home on its own merits.

At roughly 2,743 square feet at the median, these are not starter footprints. Buyers should think about how much of that space they will actually use and how it maps to the way they live, since you are paying to heat, cool, and maintain it. The high homestead share signals a settled, primary-residence character, which typically translates to steadier day-to-day upkeep across the section.

The location and the amenities are priced into every listing in Waterset Phase 5B-2. 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 section this uniform, the money is made or lost on the details — floor plan, lot, and the true condition behind a listing photo. We read the comparables inside Waterset closely and tell you plainly when a home is priced ahead of what its plan and condition support, whether you are buying or selling.

Waterset Phase 5B-2 in 15 seconds.

Best forBuyers who want current-generation construction and real square footage without hunting through mixed vintages.
Biggest advantageA uniform build window makes comparables cleaner and pricing easier to read.
Biggest riskWith homes so similar, condition and upgrades drive value more than most buyers expect.
Sweet spotA well-kept 2021–2023 home near the 2,743 sqft median that shows in move-in shape.
Avoid ifYou want a small footprint or an established, older-tree neighborhood feel.

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 Phase 5B-2 sales matched to your home.

What is your Waterset Phase 5B-2 home worth?

Get a no-obligation home value based on real comparable sales in Waterset Phase 5B-2, 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 Waterset Phase 5B-2 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Waterset Phase 5B-2?
The Florida DOR 2025 assessment roll shows 296 homes in Waterset Phase 5B-2 (public records).
What share of Waterset Phase 5B-2 is owner-occupied?
72% of Waterset Phase 5B-2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterset Phase 5B-2 built?
Homes in Waterset Phase 5B-2 were built between 2021 and 2023, with a median year built of 2022.0 (FL DOR 2025 roll).
Do cash buyers compete in Waterset Phase 5B-2?
Cash buyers took 10% of Waterset Phase 5B-2 sales in the 12 months ending June 2023 (2 of 21 closings, Stellar MLS).
Who is the best real estate agent for Waterset Phase 5B-2?
The best agent for Waterset Phase 5B-2 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 Phase 5B-2.
How do I find a top Apollo Beach real estate agent who knows Waterset Phase 5B-2?
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 Phase 5B-2 and the wider Apollo Beach area.
Can Momentum Realty connect me with an agent for Waterset Phase 5B-2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterset Phase 5B-2 purchase or sale - no call center and no pressure.
Buyers who want a newer home with substantial square footage and are prepared to compete when the right plan appearsExcellent fit
Owner-occupant buyers seeking a primary residence in a settled, mostly owner-held sectionExcellent fit
Move-up buyers whose budget centers on the community's median and who value newer construction over characterExcellent fit
Buyers needing a compact, lower-maintenance footprint well below the median size hereProbably not
Investors chasing a rental-heavy section, given the high owner-occupancy shareProbably not
Buyers who prefer an older, established neighborhood with mature landscaping and varied architectureProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33572))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (30 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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