Wyndham Lakes Ph 3
Homes for Sale in Odessa, FL

Community in Odessa · Hillsborough County
83 homesBuilt 1991–2013
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Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · Wyndham Lakes Ph 3 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 1 a year
Ownership and context
87%
Owner-occupied · Wyndham Lakes Ph 3
72 of 83 parcels homesteaded (FL DOR 2025)
13%
Non-owner-occupied · Wyndham Lakes Ph 3
incl. 1% trust or LLC-held · 2% out-of-state
33%
Cash buyers · Wyndham Lakes Ph 3
1 of 3 sales, 12 mo ending June 2024
83
Homes in the community
83 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1991
Community established
homes built 1991-2013, median 1998 (FL DOR 2025)
0
Failed listings · 2022
peaked at 3 in 2022
1.2%/yr
Turnover rate
about 1 of 83 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Wyndham Lakes Ph 3 is a built-out Odessa community with homes dating from 1991 to 2013 and a median build year of 1998, so pricing here tracks condition and updates more than location premium. With only 83 homes total and just one closing in the most recent window, there is not enough transaction volume to lean on a tight comp set — buyers and sellers both need to price off individual home condition and square footage rather than a neighborhood average.

A homestead share of 86.7% points to a community where most owners have filed for homestead exemption, which typically means longer hold periods and fewer homes cycling onto the market at any given time. For sellers, that scarcity can work in your favor if the listing is priced and presented well; for buyers, it means patience and a willingness to move when the right unit does surface.

Best for

  • Buyers who want a larger single-family footprint and are comfortable evaluating each home's condition individually
  • Buyers planning a long-term hold who are not deterred by limited amenity documentation
  • Buyers with flexibility on timing who can wait for the right listing in a low-turnover, small community

Probably not for

  • Buyers who need a confirmed clubhouse, pool, or recreational amenity as part of the purchase decision
  • Buyers relying on a deep recent comp set to justify an offer price
  • Buyers wanting a newer-construction product, given the median build year of 1998

The market around Wyndham Lakes Ph 3

Wyndham Lakes Ph 3 is a small community — 6 recorded sales on file, most recently in 2022 — 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 Wyndham Lakes Ph 3 specifically. Momentum Research analysis of MLS records.

If we were buying in Wyndham Lakes Ph 3 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 Wyndham Lakes Ph 3.

Best Buy
Buyers seeking a larger single-family home in an established, low-turnover Odessa community.
Biggest Risk
Thin recent sales volume means pricing must be built home-by-home rather than off a reliable comp set.
Sweet Spot
Move-in-ready or recently updated homes near the median 2,770 square-foot size.
Avoid If
You are counting on documented community amenities, since none are confirmed in current MLS data.

A Small, Owner-Held Pocket of Odessa

At 83 homes, Wyndham Lakes Ph 3 is a modest-sized community, and the build years — 1991 through 2013 — mean no two blocks were necessarily built to the same specs or finishes. The median build year of 1998 puts the typical home closer to the older end of that range, so buyers should expect variation in systems age, layout conventions, and finish level from one listing to the next. Median living area of 2,770 square feet suggests the community skews toward larger single-family footprints rather than compact or entry-level product.

No community amenities are identified in current MLS listings, which does not necessarily mean none exist — it means the data available to us does not confirm any shared pool, clubhouse, or recreational facility. Buyers who want documented amenities as part of the decision should confirm directly rather than assume. Combined with a homestead share near 87%, this reads as a community built for long-term occupancy rather than turnover or investment-driven ownership, which is worth factoring into how quickly you can expect to find your next listing here.

The location and the amenities are priced into every listing in Wyndham Lakes Ph 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With only 83 homes and a single closing in the latest window, this is not a community where pulling three recent comps and calling it a day works. We price and negotiate off individual home condition, build year, and square footage against the full historical record, not a thin recent sample, so you are not guessing in a market with limited fresh data.

Wyndham Lakes Ph 3 in 15 seconds.

Best forBuyers seeking a larger single-family home in an established, low-turnover Odessa community.
Biggest advantageA high homestead share signals a stable, owner-occupied setting with infrequent listings.
Biggest riskThin recent sales volume means pricing must be built home-by-home rather than off a reliable comp set.
Sweet spotMove-in-ready or recently updated homes near the median 2,770 square-foot size.
Avoid ifYou are counting on documented community amenities, since none are confirmed in current MLS data.

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 Wyndham Lakes Ph 3 sales matched to your home.

What is your Wyndham Lakes Ph 3 home worth?

Get a no-obligation home value based on real comparable sales in Wyndham Lakes Ph 3, 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.

Recent Developments in Wyndham Lakes Ph 3

Development, infrastructure, retail, and school activity affecting Wyndham Lakes Ph 3, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    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 13 miles south of Wyndham Lakes Ph 3, elsewhere in Hillsborough County.

    Source: Florida YIMBY
  2. July 2026
    Development

    Mercy Oaks II affordable apartments open on North Florida Avenue

    Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.

    What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 8 miles south of Wyndham Lakes Ph 3, elsewhere in Hillsborough County.

    Source: City of Tampa
  3. July 2026
    Builder 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 10 miles south of Wyndham Lakes Ph 3, elsewhere in Hillsborough County.

    Source: Bay News 9
  4. January 2026
    Development

    Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco

    Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.

    What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 12 miles north of Wyndham Lakes Ph 3.

    Source: WUSF

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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.

Frequently Asked Questions

How many homes are in Wyndham Lakes Ph 3?
The Florida DOR 2025 assessment roll shows 83 homes in Wyndham Lakes Ph 3 (public records).
What share of Wyndham Lakes Ph 3 is owner-occupied?
87% of Wyndham Lakes Ph 3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Wyndham Lakes Ph 3 built?
Homes in Wyndham Lakes Ph 3 were built between 1991 and 2013, with a median year built of 1998 (FL DOR 2025 roll).
Do cash buyers compete in Wyndham Lakes Ph 3?
Cash buyers took 33% of Wyndham Lakes Ph 3 sales in the 12 months ending June 2024 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Wyndham Lakes Ph 3?
The best agent for Wyndham Lakes Ph 3 is one who actively works Odessa 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 Wyndham Lakes Ph 3.
How do I find a top Odessa real estate agent who knows Wyndham Lakes Ph 3?
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 Wyndham Lakes Ph 3 and the wider Odessa area.
Can Momentum Realty connect me with an agent for Wyndham Lakes Ph 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Wyndham Lakes Ph 3 purchase or sale - no call center and no pressure.
Buyers who want a larger single-family footprint and are comfortable evaluating each home's condition individuallyExcellent fit
Buyers planning a long-term hold who are not deterred by limited amenity documentationExcellent fit
Buyers with flexibility on timing who can wait for the right listing in a low-turnover, small communityExcellent fit
Buyers who need a confirmed clubhouse, pool, or recreational amenity as part of the purchase decisionProbably not
Buyers relying on a deep recent comp set to justify an offer priceProbably not
Buyers wanting a newer-construction product, given the median build year of 1998Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33556))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (8 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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More Odessa & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Thinking of selling in Wyndham Lakes Ph 3? 1 recorded closings (window ending 2026-07-13). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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