A neighborhood in Wellington, Florida

Waterway Cove, Wellington

A neighborhood of 104 single-family homes on Waterway Cove Drive in central Wellington, built from 1989 to 1999, most of them around 1990.

104Homes on the county roll
1989–1993Years most homes were built
1,560Typical living area, sq ft
HousesHome type
1988Association incorporated

Homes, years and sizes: Palm Beach County property records (2025 tax roll).

Overview

About Waterway Cove

Waterway Cove is a one-street neighborhood: almost every house is on Waterway Cove Drive. It was built quickly around 1990, on compact lots.

The county roll counts 104 single-family houses on the plat of Waterway Cove of Wellington, built from 1989 to 1999 with the median in 1990. The typical house has about 1,570 square feet of living area on a lot of about a ninth of an acre.

It is in the 33414 ZIP next to South Shore, Sturbridge Village and French Quarter, a short drive from the Town Center and the Mall at Wellington Green.

Some homes back onto water and some do not. We confirm frontage for a specific home.

At a glance

Streets
Waterway Cove Drive, Palm Cove Lane and Royal Cove Way
Home type
Single-family homes
Built
Mostly 1989 to 1993
Living area
About 1,350 to 1,610 sq ft
Zip code
33414
County
Palm Beach County
Association
Waterway Cove of Wellington Homeowners Association, Inc.
Manager
Phoenix Management Services

On the market now

Homes for Sale in Waterway Cove

Listings inside the boundary of Waterway Cove, newest first, updated through the day from BeachesMLS. No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one.

No properties found

Beaches MLS

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data is refreshed at least every 12 hours.

Live from BeachesMLS

Closed sales

The Waterway Cove Market

Closed sales inside the boundary of Waterway Cove, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.

Four closed sales in twelve months is a thin sample, so read the median as a marker, not a price for any one home. We pull every closing here for any home you are considering.

MeasureLast 12 monthsYear beforeChange
Homes sold45-20%
Median sale price$476,000$458,000+4%
Median price per sq ft$315$311+1%
Active listings now0

BeachesMLS closed sales inside the boundary of Waterway Cove, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.

Association and costs

The Waterway Cove Association and What It Costs

Who runs the association, what governs it, and what current listings say the fee is.

AssociationWaterway Cove of Wellington Homeowners Association, Inc.
Florida corporate recordSunbiz document N27972, filed August 19, 1988 (opens in a new tab)
Management companyPhoenix Management Services
Governed byChapter 720, Florida Statutes (homeowners’ associations)
WaterSome homes back onto a canal; we confirm frontage for a specific home.

Association Fees From Current Listings

Association fee, median$40 a month
Typical range$40 to $40 a month
Usually coversCommon Areas, Trash
Club membershipNot required

From 4 current and recent BeachesMLS listings in Waterway Cove, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.

What Else to Check

  • Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
  • Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.

Documents to Review Before Closing

  • Before you sign: the association disclosure summary and the parcel’s tax bill, including any non-ad valorem lines
  • Before you sign: leasing and approval rules if you may rent, and architectural rules for exterior changes
  • Before closing: estoppel certificates from every association that applies

Where it sits

Around Waterway Cove

Places nearby.

Wellington Amphitheater (opens in a new tab)Village venue on Forest Hill Boulevard for concerts, movie nights and food truck evenings.
The Mall at Wellington Green (opens in a new tab)Regional shopping and dining on State Road 7 at Forest Hill Boulevard.
Okeeheelee Park (opens in a new tab)Large county park to the east with lakes, trails, a golf course and a nature center.
Village Park (opens in a new tab)Village fields, courts, a skate park and a 2.5-mile walking trail on Pierson Road.
Wellington International (opens in a new tab)The showgrounds, home to the Winter Equestrian Festival from January to April and the Global Dressage Festival.

Zoned Public Schools

At the center of Waterway Cove, the School District of Palm Beach County zones Elbridge Gale Elementary (elementary), Polo Park Middle (middle) and Wellington High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.

Elementary

  • Elbridge Gale Elementary

Middle

  • Polo Park Middle

High

  • Wellington High

Find the Zoned School for an Address

How it came to be

A Short History of Waterway Cove

  1. 1972

    Developer Jim Nall bought about 7,200 acres first assembled by C. Oliver Wellington, the start of the planned community that became Wellington.

  2. 1989

    The oldest house in Waterway Cove on the county roll was built.

  3. 1990

    The median year built; most of the neighborhood went up around this year.

  4. 1995

    Wellington voters approved incorporation, and the Village of Wellington was formed on December 31, 1995.

  5. 1999

    The newest house on the county roll was completed.

Sources: Palm Beach County 2025 tax roll (Florida Department of Revenue), Wikipedia: Wellington, Florida, Florida Division of Corporations (Sunbiz).

The boundary

Waterway Cove on the Map

Questions

Questions Buyers Ask About Waterway Cove

What do homes in Waterway Cove cost right now?

No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one. The market section above shows what homes here actually sold for over the past year.

When was Waterway Cove built?

From 1989 to 1999, with most homes finished around 1990, according to the county roll.

Are Waterway Cove homes on the water?

Some back onto a canal and some do not. We confirm frontage for a specific home.

How big are the lots in Waterway Cove?

Compact, about a ninth of an acre on the county roll, with a typical living area of about 1,570 square feet.

Is Waterway Cove gated?

We have no record of a gate. We confirm access for a specific home.

How many homes are in Waterway Cove, and when were they built?

Palm Beach County property records list 104 residential parcels in Waterway Cove, most built 1989 to 1993, with a typical living area of about 1,560 square feet.

Who runs the Waterway Cove association?

Waterway Cove of Wellington Homeowners Association, Inc. (Florida document N27972, filed August 19, 1988) is managed by Phoenix Management Services.

What are the association fees in Waterway Cove?

The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the association disclosure summary and the estoppel certificate confirm the exact amount for a specific home.

Is Waterway Cove gated?

We have no record of a gate here; we confirm access for a specific home.

Which public schools serve Waterway Cove?

At the center of Waterway Cove, the School District of Palm Beach County zones Elbridge Gale Elementary (elementary), Polo Park Middle (middle) and Wellington High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.

Waterway Cove · Wellington

Let Us Take Care of the Details

Tell us the street or the home in Waterway Cove. We come back with the listings, the association’s fees and rules, and what similar homes sold for, then arrange the visits and coordinate every step to closing day.

Monika Phillips, Sales Associate, Douglas Elliman Real Estate

  • Association fees, rules and documents gathered for each home
  • Leasing and approval rules pulled up front
  • Tax bill and flood zone checked for the address
  • One team from the first look to closing day

New construction. Where this page mentions new or planned homes, prices, plans, features and timelines come from the builders and developers, are believed reliable but not guaranteed, and can change without notice. Renderings are artist’s concepts. Builders sell through their own sales teams; Monika Phillips and Douglas Elliman are not a builder’s sales agent unless a page says so. For homeowners’ association communities, review the disclosure summary and governing documents required by Chapter 720, Florida Statutes, before signing. Nothing on this page is an offer to sell, or a solicitation of an offer to buy, any property in any state where the offering has not been registered or exempted as required, including New York and New Jersey. No sale may be made to a resident of such a state until those requirements are met.