Waterside Condo Iii
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Waterside Condo III is a condo community in Tampa built between 1986 and 2005, with the median unit dating to 1986 and running right around 1,027 square feet. At a median of $84,600, or roughly $95 per square foot, this is a low-entry-point ownership option, and price here is driven almost entirely by condition, floor, and view rather than by size — the units don't vary much in footprint. Expect a wide spread between a dated unit and one that has been updated.
The market posture is soft. Prices are down 8.0% year over year, and the median unit is taking about 40 days to sell. That combination gives buyers room to negotiate and time to inspect. For sellers, it means condition and pricing discipline matter more than ever — an updated unit that shows well is what moves in this window, and there is little margin for optimistic list prices.
Waterside Condo Iii right now
🔴 Off the recent peak. The trailing-12-month median ($85K) is down 8.0% from the prior 12 months ($92K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (7 and 3 sales in the two windows).
What's unique here: the median sale price is about 79% below the typical Hillsborough County sale ($85K vs $395K, trailing 12 months, Stellar MLS records).
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Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Waterside Condo Iii market snapshot (as of July 15, 2026): the median sale price is about $85K ($95 per sq ft over the trailing 12 months of closed sales), and a median 40 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (7 closings in the current window).
Waterside Condo Iii is a community of 154 homes in Tampa, Hillsborough County, built between 1986 and 2005 (median 1986.0), with a median living area of about 1,028 square feet. 27% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is an older, small-footprint condo community where units are close in size, so the real price variable is condition. With homestead status on roughly a quarter of the 154 homes, a meaningful share of the inventory is held as something other than a primary residence.
Who Waterside Condo Iii is best for.
Best for
- Buyers on a tight budget wanting to own rather than rent, with the median under $85,000
- Long-hold investors comfortable underwriting an older building's HOA and reserves
- Buyers willing to update a dated interior and use current market leverage to negotiate
Probably not for
- Buyers counting on short-term appreciation, given the 8.0% year-over-year decline
- Anyone needing more than roughly 1,000 square feet of living space
- Buyers who want new construction or low-maintenance, assessment-free ownership
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($85K) IS the median in the snapshot above, and the move from 2025 ($92K) IS the -8.0% one-year change.
Windows contain 0 to 7 sales each (7 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.
The Waterside Condo Iii buying strategy.
If we were buying in Waterside Condo Iii 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 Waterside Condo Iii.
A condition-driven condo market
With 154 homes all in a tight square-footage band and a median build year of 1986, the difference between units comes down to what has been done inside them and where they sit in the community. That's why we steer clients here toward reading the specific unit, not the median. A renovated interior, an upper floor, or a better outlook can justify sitting above the $84,600 median; a tired unit that needs a full refresh should be priced accordingly.
The 8.0% year-over-year decline and a 40-day median days-on-market tell you buyers currently hold leverage. That's an opening for someone buying to hold or to occupy, but it also means anyone counting on a quick flip should be cautious. HOA financials, reserves, and any special assessments are the make-or-break items in a community of this age — those documents deserve as much attention as the unit itself.
The location and the amenities are priced into every listing in Waterside Condo Iii. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Waterside Condo Iii buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (2.2). Basis: Recent Direction -8.0% year-over-year; Owner Commitment 27% owner-occupied; Pricing Power 83.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a condition-driven condo market like this one, the median tells you almost nothing about the unit in front of you. We price and evaluate on the specifics — updates, floor, view, and the health of the association — and in a market down 8.0% year over year, that discipline is what protects both buyers negotiating and sellers who need to move at the right number.
Waterside Condo Iii 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 Waterside Condo Iii 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 Waterside Condo Iii sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterside Condo Iii, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterside Condo Iii home worth?
Get a no-obligation home value based on real comparable sales in Waterside Condo Iii, 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 Waterside Condo Iii?
How long do homes in Waterside Condo Iii take to sell?
How many homes are in Waterside Condo Iii?
What share of Waterside Condo Iii is owner-occupied?
When were the homes in Waterside Condo Iii built?
Do cash buyers compete in Waterside Condo Iii?
Who is the best real estate agent for Waterside Condo Iii?
How do I find a top Tampa real estate agent who knows Waterside Condo Iii?
Can Momentum Realty connect me with an agent for Waterside Condo Iii?
Should you buy in Waterside Condo Iii?
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 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33617)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (31 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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