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About this home
431 Water St is a 1998-built home in Water Street Condo Ph 1, Celebration. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,890 square feet of living space. Listed at $619,000 (about $328/sqft), 29 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $998.76 monthly.
Exceptional opportunity to own a beautifully renovated home just a 5-minute walk to Downtown Celebration, offering one of the most desirable locations in the community. Completely remodeled in 2024, this residence combines contemporary luxury with timeless elegance. The impressive living room features over 20-foot ceilings and a stunning floor-to-ceiling porcelain accent wall with modern wood slat detailing, creating a dramatic focal point. The custom staircase showcases stainless steel railings with stainless steel cable balusters, enhancing the home's sleek architectural design. The gourmet kitchen is equipped with quartz countertops, a built-in cooktop, microwave, and wall oven with Air Fryer functionality, making it ideal for both everyday living and entertaining. Quartz countertops continue throughout all bathrooms, providing a cohesive luxury finish. Additional highlights include a charming temperature-controlled wine bar with wine cooler, a spacious covered rear porch perfect for outdoor entertaining, and a two-car attached garage. This is a rare opportunity to own a fully updated home in one of Celebration's most sought-after locations, just moments from restaurants, shops, lakes, walking trails, and community events. The unit is rented until 01/31/2027 for, $4300 per month, an investor's dream.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 135 closed townhouse or villa sales in 34747 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$619,000
$328 per sq ft
Beds and baths
3 beds, 3 baths
Size
1,890 sq ft
Time on market
29 days
Year built
1998
Monthly payment
About $5,060/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,287 annual tax bill, insurance, and the $998.76/mo HOA fee.
HOA fee
$998.76/mo
Managed by Waterstreet at Celebration - Dennis.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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