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$292,000
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Property Description
Now priced at $292,000, this top-floor end unit in the heart of Celebration sits just steps from Market Street and overlooks lush greenery and the Water Street Canal - with some of the lowest HOA fees in the community. This beautifully updated one-bedroom condo features a rare blend of charm, privacy, and true low-maintenance living in one of Central Florida's most desirable neighborhoods. Renovated and move-in ready, the home includes a modern kitchen with stainless steel appliances (refrigerator, range, dishwasher, microwave), granite countertops, and LVP flooring in the kitchen and bath. The updated bathroom includes a walk-in shower, while the open living and dining layout and spacious bedroom create a comfortable, inviting interior. Residents enjoy community amenities such as miles of walking and biking trails, lakes, multiple pools, tennis courts, playgrounds, and year-round community events - all with convenient access to major highways and surrounding areas. Recent upgrades include a 2023 AC replacement. The top-floor end-unit location provides added privacy, natural light, and quiet - with no neighbors above. Enjoy community amenities such as miles of walking and biking trails, lakes, multiple pools, tennis courts, playgrounds, and year-round community events - all just about 10 minutes from Disney with convenient access to major highways. This unfurnished unit is a clean slate, ready for your personal touch. With canal views, true walk-to-it-all convenience, and some of Celebration's lowest HOA fees, this is a rare find at this refreshed price. Schedule your private showing today.
Full Property Details
Full Property Details for 531 Water St #531
General
- Price: $292,000
- HOA FEE: $381/month
- Taxes: $2,440 (2024)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: O6344857
- Updated: 12/6/2025
- Added to Site: 121 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan
- Appliances: Dishwasher, Dryer, Microwave, Range, Washer
- Flooring: Carpet, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Clubhouse, Fitness Center, Maintenance, Other, Park, Playground, Pool, Tennis Court(s), Trail(s)
Exterior
- Exterior Features: Lighting
Location
- Area: 34747 - Kissimmee/Celebration
- County: Osceola
- Development Name: 34747 - Kissimmee/Celebration
- Subdivision: WATER STREET CONDO PH 5
- Driving Directions: Celebration Avenue, turn Right onto Water Street, condo will be on the right- 531 Water Street
- Direction Faces: North
School Information
- Elementary School: Celebration K-8
- Middle School: Celebration K-8
- High School: Celebration High
Community
- Community Name: 34747 - Kissimmee/Celebration
- Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Park, Playground, Pool, Sidewalks, Tennis Court(s)
- Optional Amenities: Clubhouse, Fitness Center, Maintenance, Other, Park, Playground, Pool, Tennis Court(s), Trail(s)
- Association: Yes
- Assoc. Name: Leland Management/ Frank Bochicchio
- Assoc. Fees Include: Community Pool, Maintenance Structure, Maintenance Grounds, Manager
- Pet Restrictions: PLEASE SEE HOA RULES REGARDING PET RESTRICTIONS
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Canal/Lake For Irrigation
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Shingle
- Common Walls: Corner Unit
- Stories/Levels: One
- Square Feet: 830
- Sq. Ft. Source: Public Records
- Year Built: 1998
Lot Features
- Property View: Water
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,487
- Lot Size: 2487
- Street/Road Desc.: Asphalt
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $381
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Condo Fee: $325
- Condo Fee Freq: Quarterly
- CDD: Yes
- Tax Amount: $2,440.75
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: WATER STREET CONDO PH 5 CB 4 PG 80-87 UNIT 531
- Flood Zone Info: X
- APN: 72528542400015310
- Property ID: 72528542400015310
- Block/Lot/Section: 1
Listed by Exp Realty Llc
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Schools
Schools serving 531 Water St #531
School District:Osceola County School District
| Name | Grades | Distance |
|---|---|---|
Celebration School 510 Campus St, Celebration, FL 34747 | PK-5 | 0.2 mi |
Celebration High School 1809 Celebration Blvd, Celebration, FL 34747 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Water St #531
Date
Details
Price
Change
Source
12/05/2025
Price Reduced
$292,000
-4.23%
MLS
10/28/2025
Price Reduced
$304,900
-3.18%
MLS
10/08/2025
Price Reduced
$314,900
-3.11%
MLS
9/19/2025
Listed
$325,000
8.33%
MLS
4/11/2023
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 531 Water St #531
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,642
8%
$177,343
3%
2024
$2,441
-32%
$172,345
-21%
2023
$3,600
32%
$217,000
39%
2021
$2,732
-9%
$156,400
-17%
2022
$3,012
10%
$188,800
27%
2021
$2,732
5%
$148,600
3%
2019
$2,611
1%
$144,500
2%
2018
$2,587
3%
$142,000
4%
2017
$2,515
4%
$136,900
2%
2016
$2,420
-7%
$134,600
2%
2015
$2,613
-19%
$132,500
9%
2014
$3,220
9%
$122,000
28%
2013
$2,953
—
$95,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Water St #531
531 Water Street #531, Celebration, FL 34747 (MLS# O6344857) is a Condo property with 1 bedroom and 1 full bathroom. 531 Water Street #531 is currently listed for $292,000 and was received on September 19, 2025. Want to learn more about 531 Water Street #531? Do you have questions about finding other Condo real estate for sale in Celebration? You can browse all Celebration real estate or contact a Coldwell Banker agent to request more information.

