Condo in 581 Water St #581 Celebration for sale with MLS# S5156351

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.

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581 Water St #581, Celebration, FL 34747

Price
Price:
$310,000.00
Original List Price:
$310,000.00
List Price per Sq Ft (Calculated, Approx.):
$373.49
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
S5156351
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
830 Sqft
Built-Up Area:
830 Sqft
Lot Area:
2,557 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.06
Property Features
Waterfront:
No
Swimming Pool Features:
In Ground
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater, Range
Interior:
Ceiling Fans(s), Living Room/dining Room Combo, Window Treatments, Solid Surface Counters
Exterior:
Sidewalk
Windows:
Shutters, Window Treatments
Laundry:
Laundry Closet
Air Conditioning System:
Central Air
Heating System:
Central
Property Entrance Faces:
East
Road Responsibility:
Public Maintained Road
Building Elevator
Water View
Water View Details:
Canal
Construction
Year Built:
1999
Roof:
Shingle
Levels:
One
Construction Materials:
Frame, Stucco
Flooring:
Tile, Wood
Number of stories:
3
Foundation Details:
Slab
Flood Zone Code:
X
Property Description:
Penthouse
Taxes and Expenses
Tax Annual Amount:
$4,020.00
Tax Year:
2025
Association Fee:
$357.34
Association Fee Frequency:
Quarterly
Condo Fees:
$382.00
Condo Fees Fequency:
Monthly
Total Annual Fees:
$6,013.36
Total Monthly Fees:
$501.11
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water Source:
Public
Community
Association
Minimum Lease Term:
1-2 Years
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Breed Restrictions, Dogs Ok, Cats Ok
Pet Size Allowed:
Large (61-100 Lbs.)
Number of Pets Allowed:
2
Building Name:
581
Subdivision Name:
WATER STREET CONDO PH 9
Community Features:
Fitness Center, Street Lights, Park, Pool, Tennis Court(s), Playground, Dog Park, Association Recreation - Owned, Deed Restrictions, Golf Carts Ok
Association Fee Includes:
Maintenance Grounds, Trash, Pest Control, Maintenance Structure, Insurance, Pool
Senior Community:
No
Association Fee Required:
Required
Association Management:
LELAND MANAGEMENT DANIEL MEDINA
Association Phone:
321 939 2021
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Close Of Escrow
Lease Considered:
Yes
Zoning and Legal
Tax Legal Description:
WATER STREET CONDO PH 9 CB 4 PGS 120-135 UNIT 581
Real Estate Folio Number (Parcel Number):
07-25-28-5426-0001-5810
Zoning:
OPUD
Title to the property is held by owner as:
Fee Simple
Listing History
Originally published on:
August 30, 2026 1:31 pm
Active on the market since:
August 30, 2026
Listing Agreement executed on:
August 29, 2026
Listing Status Last Changed On:
August 30, 2026 1:31 pm
Photos updated on:
September 2, 2026 3:52 pm
Last Modified:
September 2, 2026 3:53 pm
Additional Information
Courtesy of:
LPT REALTY, LLC
Attribution:
877-366-2213
Road Surface Type:
Paved, Asphalt
Location
Street Name:
WATER
Street Number:
581
Unit Number:
581
City:
CELEBRATION
State:
Florida
Zip Code:
34747
County:
Osceola
Latitude:
N28° 19' 10.5''
Longitude:
W82° 27' 33.5''
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $83,141
Median Home Value $455,600
Median Rent $1,812/mo
Median Age 37
Population 27,422
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Association of REALTORS®
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