Wyndham Lakes
Homes for Sale in Odessa, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 2 closed sales in Wyndham Lakes Ph One in Odessa, FL since 2014, the most recent in July 2025. Across Odessa as a whole, 221 homes closed in the last 12 months at a median of $685,000, 40 median days on market, with 53 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $10,770 ($10,150 with the full homestead exemption).
Wyndham Lakes Ph One is a built-out pocket of Odessa dating to the 1990s and early 2000s, with a median year built of 1996 and a median living area of 2,401 square feet. Age and condition of the individual home, not community-wide amenities, are what separate one listing from the next here — this is a neighborhood where the year of the last roof, kitchen, or HVAC replacement does more to set price than anything else.
With 175 homes total and a homestead share of 85.1%, turnover tends to be driven by individual life events rather than steady speculative resale, so inventory can be thin and uneven month to month. Buyers should expect to compete less on multiple-offer speed and more on finding the specific floor plan and condition level that fits, since what comes to market varies widely in age of updates even within a narrow build-year range.
The 60-Second Overview
Built primarily in the 1990s, Wyndham Lakes Ph One offers larger-format single-family homes in a fixed, non-expanding footprint of 175 residences — a community where the housing stock is mature enough to require a close look at individual updates rather than relying on a build date alone.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Wyndham Lakes is best for.
Best for
- Buyers prioritizing larger living space over community amenities
- Buyers comfortable evaluating and budgeting for updates to an older home
- Buyers looking for a stable, built-out neighborhood with limited new inventory turnover
Probably not for
- Buyers who want a clubhouse, pool, or other documented shared amenity as part of the purchase
- Buyers seeking new or newer construction with fewer condition variables
- Buyers expecting frequent, high-volume listing activity to choose from
The market around Wyndham Lakes
Wyndham Lakes is too small for its own price trend, so here is the market around it.
In ZIP 33556, 246 homes are on the market and 26% are under contract — a steady corner of Odessa.
Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).
ZIP and county figures describe the wider market, not Wyndham Lakes specifically. Momentum Research analysis of MLS records.
Recent Developments in Wyndham Lakes Ph One
Development, infrastructure, retail, and school activity affecting Wyndham Lakes Ph One, 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 12 miles southwest of Wyndham Lakes Ph One, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Development
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 southwest of Wyndham Lakes Ph One, elsewhere in Hillsborough County.
Source: City of Tampa - 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 8 miles south of Wyndham Lakes Ph One, elsewhere in Hillsborough County.
Source: Bay News 9 - January 2026Development
Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel
Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.
What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The site is about 7 miles north of Wyndham Lakes Ph One.
Source: HCO News
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 Wyndham Lakes buying strategy.
If we were buying in Wyndham Lakes 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 Wyndham Lakes.
A fixed-supply pocket where condition does the talking
There is no new construction coming to Wyndham Lakes Ph One — the 175 homes here were built between 1990 and 2004, with a median year built of 1996. That means every purchase decision comes down to the same question: how has this particular home aged, and what has been done to it since. Two houses on the same street can present very differently depending on whether major systems have been touched.
Current MLS listings do not identify any community amenities tied to this subdivision, so buyers should not assume a clubhouse, pool, or other shared facility exists here — verify directly with the HOA or governing documents before counting on any. The draw of this community is the home itself: a median living area of 2,401 square feet puts typical homes here in a larger-format range for the area, and the high homestead share of 85.1% suggests a market where owners tend to stay put rather than cycle through quickly.
The location and the amenities are priced into every listing in Wyndham Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a fixed-supply community like this, the difference between a good and a mediocre purchase almost always comes down to what has and hasn't been updated inside a given home — details that don't always show up clearly in a listing. We walk each property with that lens, pull permit and update history where it exists, and price against condition rather than assumptions, so you are not paying 1996-era money for a home that hasn't been touched since.
Wyndham Lakes in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Wyndham Lakes 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 Wyndham Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Wyndham Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Wyndham Lakes home worth?
Get a no-obligation home value based on real comparable sales in Wyndham Lakes, 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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Should you buy in Wyndham Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2014 (2 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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