512 WATER STREET, #512, Celebration, FL, 34747 | $385,000

Under contract-accepting backup offers. Perfectly positioned in the heart of Celebration’s Main Village, this beautifully updated 2-bedroom, 2-bath second-floor end-unit condo offers the ideal blend of style, comfort, and convenience. Renovated in 2022 with over $65, 000 in thoughtful improvements, this penthouse-style residence lives large thanks to soaring vaulted ceilings, an airy open-concept living and dining space, and abundant natural light streaming through double-pane windows. The stunning kitchen is open to the main living area and features stainless steel appliances, a smooth-top range, stone backsplash, upgraded cabinetry, and modern finishes that make everyday living and entertaining effortless.

Enjoy your morning coffee or evening glass of wine from the private balcony overlooking Mulberry Avenue, with lovely views of picturesque Savannah Square and the scenic canal along Celebration’s Esplanade—leading you directly to Downtown Celebration just one block away. Both bathrooms were fully renovated with comfort-height vanities and toilets, with a tub/shower combination in the guest bath and a spacious walk-in shower in the primary suite. Additional highlights include crown molding, LED lighting throughout, blinds on every window with automatic upper blinds, newer LG washer and dryer, a convenient storage closet adjacent to the front door, concierge trash service, and two parking decals for easy resident parking.

This meticulously maintained building also received a fresh exterior paint update and new roof in 2025, adding long-term value and peace of mind. Residents of Celebration enjoy a one-of-a-kind small-town atmosphere with lakeside dining, boutiques, coffee shops, community events, a Sunday farmers market, tennis courts, playgrounds, resort-style pools, dog parks and over 26 miles of scenic walking and biking trails—all just minutes from Walt Disney World Resort and Orlando’s world-famous attractions. This is downtown Celebration living at its absolute finest.

Features

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Fitness Center, Vehicle Restrictions
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: WATER STREET CONDO PH 04
  • Year Built: 1998
  • Common Charge: $357 Quarterly
  • Approx Sq. Feet: 1,214
  • Acreage: 0.01
  • Est. Taxes: $4,877
  • Condo Fee: $565 Monthly
  • Lot Desc: Corner Lot, Level, Sidewalk, Unincorporated
  • Elem. School: Celebration K-8
  • Middle School: Celebration K-8
  • High School: Celebration High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: S5148526
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/S5148526/512waterstreet_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 5/2/2026 10:04:41 PM)
Listing courtesy of IMAGINATION REALTY, INC   Phone: 321-939-1300

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

512 WATER STREET, #512, Celebration, FL, 34747

$385,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $308,000 $308,000 $308,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.313% 6.398% 5.710%
Monthly Tax Payment $406 $406 $406
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,822 $1,896 $2,515
Total Monthly Payment $2,303 $2,377 $2,996

* 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.