Apollo Beach is still growing, and a good share of the homes for sale here right now are brand new. Most of them are in a handful of communities off US 41: Waterset, Indigo Creek and Regency at Waterset for 55+ buyers, plus a small custom enclave on the water called Hammock Bay. This page walks through who is building, what new homes cost as of November 2026, how CDD fees work, and the questions I wish every new construction buyer asked before signing a builder contract.

If you would rather start by looking, you can search every new build and to-be-built home in South Hillsborough in one place. It pulls straight from the builders, so you see inventory homes, floor plans and incentives that often never make it to the big home search sites.

Who is building new homes in Apollo Beach right now?

Waterset is the biggest one. It is a master-planned community off US 41 and Big Bend Road where several builders work side by side. The ones building there now include David Weekley Homes, Pulte in the Wolf Creek section, Richmond American, ICI Homes, Homes by WestBay, Cardel Homes and Casa Fresca Homes, with Toll Brothers building the 55+ Regency at Waterset neighborhood inside it. Other builders, Park Square Homes among them, built earlier phases, which is why you will see such a range of styles and ages as you drive through. More builders means more floor plans and price points, and it also means the incentives change from one model center to the next, so it pays to compare.

Indigo Creek is the opposite approach. Taylor Morrison is the only builder, the HOA is $99 a month as of October 2026, and there is no CDD. You get a pool, a playground and a dog park instead of a resort-size amenity center, and a lower carrying cost to go with it.

Hammock Bay is a small luxury enclave south of Symphony Isles off US 41, planned for 47 custom and spec homes with deep-water access, built by Bartlett Custom Homes and Tide Homes. It is a very different purchase from a production home, and the price shows it.

What does a new construction home cost in Apollo Beach?

Based on public new construction listings in early November 2026, production homes in Apollo Beach ran from about $330,000 to about $700,000. Waterset listings ranged from roughly $330,000 to $625,000, the Pulte homes in Waterset Wolf Creek from about $474,000 to $698,000, and Indigo Creek from about $425,000 to $635,000. At Regency at Waterset, villas have started around $349,000 and single-family homes around $482,000 to $623,000 before lot premiums. Custom homes in Hammock Bay were listed above $2 million.

The sticker price is only part of it. Lot premiums, structural options and design center upgrades can add real money, and the CDD assessment shows up on your tax bill every year. When we compare homes, I like to compare the full monthly cost, not just the price, because two homes that look $20,000 apart can end up much closer (or much farther apart) once the CDD and HOA are in. If you want to see what owning a home here really costs month to month, this guide helps: Is it expensive to live in Apollo Beach?

Is there a 55+ new construction community in Apollo Beach?

Yes. Regency at Waterset is a brand new, gated 55+ neighborhood inside Waterset, built by Toll Brothers and sitting outside the flood zone east of US 41, with single-family homes and villas and its own amenity center called The Cove, which includes a fitness center, resort-style pool and spa, pickleball, tennis, bocce and a dog park. Residents can also use the wider Waterset amenities.

If you love the idea of a 55+ community but would rather move into an established one with the landscaping grown in and the clubs already running, take a look at Del Webb Southshore Falls. It is a resale community, not new construction, and for some buyers that is exactly the point. When I sit down with buyers deciding between the two, the question that usually settles it is how they picture a normal Tuesday. Do you want to help start the pickleball group, or join one that is already full of friends?

What is a CDD fee, and does it ever go away?

A CDD, or Community Development District, is how many Florida developers pay for roads, ponds, utilities and amenities up front. Instead of building that cost into the price of the home, it is financed with bonds, and each homeowner pays their share as a yearly assessment on the property tax bill. You pay it once a year with your taxes, or monthly if your taxes are escrowed with your mortgage.

Most CDD assessments have two parts. The debt service portion pays off the bonds and does end when they are paid, commonly after about 30 years, and some districts let you pay your lot’s share off early. The operations and maintenance portion pays for upkeep of what the district owns, and that part continues. CDD amounts in new Florida communities commonly run from a few hundred dollars to a few thousand dollars a year, and they can vary by phase and lot size inside the same community, so always get the number for the specific lot. Waterset homes carry a CDD. Indigo Creek does not. Here is the full comparison: CDD vs HOA in Apollo Beach.

Should I use my own agent to buy new construction?

I would, and not only because I am one. The friendly person in the model home works for the builder. Their job is to sell the builder’s homes on the builder’s contract, which is written to protect the builder. Your own agent is there to look after you: comparing incentives between builders, reading the contract with you, pushing for the right lot, keeping an eye on the timeline and helping you through the walk-throughs.

Here is the part that catches people. Most builders require your agent to be with you, or registered, on your very first visit to the model center. If you walk in alone and sign the guest card, many builders will not let you add an agent later. Many builders also pay the buyer’s agent, but policies differ, so we confirm it in writing before we go. Call me before your first visit, even if you are just looking, and I will register you so your options stay open.

Do builders negotiate on price?

Usually not on the base price, because a price cut on one home lowers the value of every comparable home they still have to sell. Where they do negotiate is everything around it: closing cost help, a rate buydown with their preferred lender, upgrades, appliances or a better lot. Inventory homes that are already built or nearly finished are where builders tend to be the most flexible, especially near the end of a quarter or a year. It is worth comparing a builder’s lender offer with an outside lender too, so you know what the incentive is really worth.

What are the cons of buying a new construction house?

The honest list is short but real. Build timelines can slip, so a to-be-built home is not a good fit if you have a hard move date. Upgrades add up fast at the design center. You may live with construction traffic and noise for a while as later phases are built. The trees are small and the yards take a few years to fill in. And the CDD is a real, recurring cost that a resale home in an older neighborhood may not have.

On value, here is what I have seen. Established neighborhoods often hold value better than brand new ones while a community is still being built out, because you are competing with the builder’s own new inventory when you go to sell. At least until the community is fully built up, and then we tend to see amenity-rich neighborhoods continue to climb in value at a higher pace than slim-amenity neighborhoods. If you are weighing a newer master-planned community against an established waterfront one, this comparison helps: MiraBay vs Waterset.

Do I still need a home inspection on a new home?

Yes, and I would do two. New homes are built quickly by a lot of different trades, and mistakes happen. A pre-drywall inspection lets an independent inspector see the framing, plumbing and wiring before the walls close. A final inspection before your walk-through gives you a list to hand the builder while they still have crews on site. Then mark your calendar for the 11-month warranty walk, so anything that shows up in the first year gets fixed under warranty.

What should I verify before I sign a builder contract?

Ask for the CDD amount on the exact lot and whether it can be paid off early. Ask what the HOA covers and what it costs today. Get every incentive in writing, with the conditions that come with it, especially if it depends on using the builder’s lender or title company. Ask what happens to your deposit if the build is delayed or your financing changes. Ask which features in the model are upgrades, because models are almost always fully upgraded. And ask what is planned on the land behind and beside your lot, because a pond view today can become a future phase tomorrow.

Can I get help with the down payment on a new build?

Often, yes. Many Florida down payment assistance programs can be used on new construction as long as the lender and the builder’s timeline work with the program. You can check what you might qualify for here: Down payment assistance in Florida. Some builder incentives can also be stacked with assistance, which is one more reason to compare lenders.

Who should you call about new construction in Apollo Beach?

I am Shawna Calvert, a REALTOR and Team Leader of The Calvert Home Team at 27North Realty, and I live in MiraBay here in Apollo Beach. I was the #1 agent in Apollo Beach by total sales volume (Stellar MLS, January 2025 to August 2026), and I help buyers with new construction and resale homes across South Hillsborough.

Tell me which builders or communities you are curious about, your price range and when you would like to move, and I will set up the model visits with you registered as my client from the first one. I would also love to hear how you want to live here. Is boating part of the plan, or is it more about a pool, a short drive to Tampa and a neighborhood full of people to meet? Call or text me at 509-294-6818, email shawna@27northrealty.com, or send me a message here.

Related reading

Indigo Creek, Apollo Beach. MiraBay vs Waterset. CDD vs HOA in Apollo Beach. Del Webb Southshore Falls. The Apollo Beach Buyer Guide. All Apollo Beach and Ruskin neighborhood guides.