582 WATER STREET, #582, Celebration, FL, 34747 | $319,000

Welcome to one of the best locations in Celebration—right in the heart of downtown! This beautifully updated top-floor 1-bedroom, 1-bath condo is perfectly positioned in the sought-after Hampden building of Water Street Condos, offering both privacy and convenience—just steps from dining, shopping, parks, community events, and everything Celebration has to offer. Inside, you’ll find a light-filled, open-concept living and dining space enhanced by plantation shutters and peaceful views of the picturesque Water Street canal. The kitchen features granite countertops and stainless steel appliances, while recent updates throughout the home include new carpet, fresh finishes, new ceiling fans, and a custom-designed primary closet (2025). The bedroom also features blackout blinds for added comfort. Major systems have been thoughtfully updated, including a new AC system (July 2024) with regular servicing through February 2026, a Nest thermostat, and a hot water heater installed in 2023—offering peace of mind for years to come. Enjoy your morning coffee or unwind in the evening right outside the unit overlooking a charming palm tree-lined courtyard with a fountain, or take in the serene canal views just outside your windows. Located on the top floor, this unit offers added privacy and quiet. The Hampden building is home to the community fitness center and social room, and the condo association has recently repainted the building and replaced the roof within the past two years, further enhancing value and appeal. Lovingly maintained and lightly used as a vacation home (just 4–5 weeks per year since 2020), this property presents a rare opportunity. Most furnishings are negotiable, making it an ideal turnkey second home, investment, or full-time residence. Don’t miss your chance to own a move-in-ready condo in one of Celebration’s most desirable downtown locations!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Fitness Center
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: In Kitchen, Laundry Closet
  • Complex: WATER STREET CONDO PH 8
  • Year Built: 1999
  • Common Charge: $357 Quarterly
  • Approx Sq. Feet: 882
  • Acreage: 0.09
  • Est. Taxes: $4,110
  • Condo Fee: $395 Monthly
  • View: Water
  • Elem. School: Celebration K-8
  • Middle School: Celebration K-8
  • High School: Celebration High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: O6398670
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6398670/582waterstreet_celebration_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/17/2026 3:34:08 AM)

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Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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582 WATER STREET, #582, Celebration, FL, 34747

$319,000

Team Lee

Sales Associates

William Raveis Real Estate

Phone: 860.213.2853

TeamLee@raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $255,200 $255,200 $255,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment $343 $343 $343
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,469 $1,634 $2,119
Total Monthly Payment $1,886 $2,051 $2,536

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.