Waterside Condo I
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
191 homesBuilt 1986–2005
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Waterside Condo I 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 3 a year
Ownership and context
28%
Owner-occupied · Waterside Condo I
53 of 191 parcels homesteaded (FL DOR 2025)
72%
Non-owner-occupied · Waterside Condo I
incl. 22% trust or LLC-held · 16% out-of-state
67%
Cash buyers · Waterside Condo I
2 of 3 sales, 12 mo ending June 2025
191
Homes in the community
191 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1986
Community established
homes built 1986-2005, median 1986 (FL DOR 2025)
5
Failed listings · 2026
peaked at 18 in 2025
0.5%/yr
Turnover rate
about 1 of 191 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterside Condo I is a compact condo community in Tampa, with 191 units built between 1986 and 2005 and a median living area right around 828 square feet. What sets price here is condition and interior updates, not square footage — the floor plans are small and consistent, so a renovated unit and a dated one can sit far apart on price despite looking similar on paper. Read past the listing photos and budget for what a kitchen or bath refresh actually costs.

With only about a quarter of units carrying a homestead exemption, this leans toward a rental and second-home community rather than owner-occupied. That has practical consequences: watch the HOA's financials, reserves, and any rental restrictions before you write an offer, and confirm the current investor cap if you plan to lease. For sellers, the buyer pool here is a mix of investors and value-seekers, so a clean, move-in-ready unit stands out.

Best for

  • Value-focused buyers with a modest budget who are comfortable renovating a small unit
  • Investors seeking a Tampa condo, provided the association's rental rules and caps allow it
  • Downsizers who want an efficient, low-square-footage footprint over extra rooms

Probably not for

  • Buyers who need more than roughly 828 square feet of living space
  • Anyone who wants a turnkey, no-work unit at the lowest possible price
  • Buyers unwilling to vet HOA reserves, insurance, and rental restrictions before offering

The market around Waterside Condo I

Waterside Condo I is a small community — 69 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).

The housing mix here is 99% condominium, 1% ?.

ZIP and county figures describe the wider market, not Waterside Condo I specifically. Momentum Research analysis of MLS records.

If we were buying in Waterside Condo I 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 Waterside Condo I.

Best Buy
Buyers seeking a compact, entry-point Tampa condo they can update over time.
Biggest Risk
Low homestead share means HOA and rental rules deserve hard scrutiny.
Sweet Spot
An updated unit in an association with healthy reserves and clear rental terms.
Avoid If
You need space or want to skip any due diligence on the association.

Small floor plans, condition-driven pricing

The defining trait here is scale. A median living area near 828 square feet means these are efficient, one- or two-room-living plans, and the 1986-to-2005 build range means construction, systems, and finishes vary depending on which phase a unit sits in. Older stock may need HVAC, plumbing, or electrical attention; assume nothing and inspect.

Because the units are so similar in size, price separation comes almost entirely from condition and updates. That is good news for a buyer willing to renovate and for a seller who has already done the work. The larger question is the association: with a homestead share around 28 percent, ownership skews non-occupant, so reserve health, insurance, and rental rules should drive your decision as much as the unit itself.

The location and the amenities are priced into every listing in Waterside Condo I. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Condo deals live and die on the association, and we read the documents before you fall for the unit. We'll pull the HOA financials, reserves, insurance posture, and rental restrictions, then price the renovation gap between a dated unit and an updated one so you know what you're really paying — and, if the numbers don't work, we'll tell you to walk.

Waterside Condo I in 15 seconds.

Best forBuyers seeking a compact, entry-point Tampa condo they can update over time.
Biggest advantagePrice here is condition-driven, so sweat equity is rewarded.
Biggest riskLow homestead share means HOA and rental rules deserve hard scrutiny.
Sweet spotAn updated unit in an association with healthy reserves and clear rental terms.
Avoid ifYou need space or want to skip any due diligence on the association.

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 Waterside Condo I sales matched to your home.

What is your Waterside Condo I home worth?

Get a no-obligation home value based on real comparable sales in Waterside Condo I, 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 Waterside Condo I?
The Florida DOR 2025 assessment roll shows 191 homes in Waterside Condo I (public records).
What share of Waterside Condo I is owner-occupied?
28% of Waterside Condo I parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterside Condo I built?
Homes in Waterside Condo I were built between 1986 and 2005, with a median year built of 1986.0 (FL DOR 2025 roll).
Do cash buyers compete in Waterside Condo I?
Cash buyers took 67% of Waterside Condo I sales in the 12 months ending June 2025 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Waterside Condo I?
The best agent for Waterside Condo I is one who actively works Tampa 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 Waterside Condo I.
How do I find a top Tampa real estate agent who knows Waterside Condo I?
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 Waterside Condo I and the wider Tampa area.
Can Momentum Realty connect me with an agent for Waterside Condo I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterside Condo I purchase or sale - no call center and no pressure.
Value-focused buyers with a modest budget who are comfortable renovating a small unitExcellent fit
Investors seeking a Tampa condo, provided the association's rental rules and caps allow itExcellent fit
Downsizers who want an efficient, low-square-footage footprint over extra roomsExcellent fit
Buyers who need more than roughly 828 square feet of living spaceProbably not
Anyone who wants a turnkey, no-work unit at the lowest possible priceProbably not
Buyers unwilling to vet HOA reserves, insurance, and rental restrictions before offeringProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33617))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (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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