581 Water St #581, photo 1
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Overview

1 bd1 ba830 sqftCondominium
TypeCondominium
HOA + condo dues$501/mo
Built1999
Lot2,557 sqft
Living area830 sqft
Price / sqft$373

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Living Room/Dining Room ComboSolid Surface CountersWindow TreatmentsSidewalkAssociation Recreation - OwnedDeed RestrictionsDog Park

581 Water St #581 is a 1999-built home in Water Street Condo Ph 9, Celebration. Inside you'll find 1 bedrooms, 1 bathrooms, and 830 square feet of living space. Listed at $310,000 (about $373/sqft), 51 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $357.34 quarterly. Condo dues run $382 monthly.

From the listing

Experience the ultimate downtown lifestyle in this rare top-floor penthouse condo located on coveted Water Street! Accessible via a convenient building elevator, this bright and open 1-bedroom, 1-bathroom residence offers an unmatched eagle-eye perspective of Celebration's vibrant community. Interior highlights include a newly upgraded bathroom featuring a sleek walk-in shower. Elegant plantation shutters frame the living room, dining area, and spacious primary bedroom, all showcasing picturesque views of the iconic canal, famous bridge, and local town center activity. Major mechanical upgrades provide complete peace of mind, featuring a brand-new 2026 water heater. Located right next door to your entrance is the building's expansive, covered shared balcony which directly overlooks the town's regular activities. This prime vantage point allows you to seamlessly enjoy community parades, art and car festivals, and iconic seasonal events like the falling leaves at Thanksgiving and the magical falling snow at Christmas time. It also offers a wonderful view of Celebration's signature buildings crafted by world-renowned architects. Ideally situated just blocks from Lakeside Park's heated saltwater pool, tennis courts, playgrounds, and premier lakeside dining. Enjoy a maintenance-free lifestyle in a one-of-a-kind location.

The essentials

Built
1999
Price / sqft
$373
On market
51 days
Annual tax
$4,020
HOA + condo dues
$501/mo
Flood zone
X · Low risk
Lot
2,557 sqft
Type
Condominium

At a glance

Condo
3 stories · 1999
Community pool
Fitness center too
830 sqft
Living area

Payment

Est. monthly payment
$2,608/mo
Down payment (20%)
$62,000
Property taxes
$335/mo
HOA + condo dues
$501/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1999
Lot
2,557 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
51
Ceiling Fans(s)
Living Room/Dining Room Combo
Solid Surface Counters
Window Treatments
Sidewalk
Association Recreation - Owned
Deed Restrictions
Dog Park
Fitness Center
Golf Carts OK
Park
Playground
Pool
Tennis Court(s)
Street Lights
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$4,020
Parcel #
07-25-28-5426-0001-5810

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Water Street Condo Ph 9
County
Osceola
MLS Area
34747 - Kissimmee/Celebration
Lot Size
2,557 sqft
HOA + condo dues
$501/mo
$119/mo HOA plus $382/mo condo dues
LELAND MANAGEMENT DANIEL MEDINA

Price history

Date
Event
Price
8/29/2026
Listed for sale
Source: Stellar MLS #S5156351
$310,000
$373/sqft

Neighborhood

581 Water St #581
Celebration, FL, 34747 · 34747 - Kissimmee/Celebration

Market insights

Offer Insights

Choose an offer strength

List price: $310,000
$302,500 – $310,000
97.6% – 100% of listTops out right at the list price
80% of listList price
88 of the last 174 condo closings in 34747 landed at this number or higher (51%). The median one sat 51 days before it went under contract, and this one is on day 51.

Sample: 174 closed condo sales in 34747 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,608/mo
Principal & interest$1,617
Property taxes$335
Insurance$155
HOA$501
Down payment20% · $62,000
Interest rate6.80%
Loan term

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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

$310,000

$373 per sq ft

Beds and baths

1 beds, 1 baths

Size

830 sq ft

Time on market

51 days

Year built

1999

Monthly payment

About $2,608/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,020 annual tax bill, insurance, and $501/mo in HOA and condo dues.

HOA + condo dues

$501/mo

$119/mo HOA plus $382/mo condo dues. Managed by LELAND MANAGEMENT DANIEL MEDINA.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byLPT REALTY, LLCListing agent: Allison GodkinListing data from Stellar MLS, MLS# S5156351.

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