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Water Street Condos for Sale

529 Water Street Unit 529, Celebration image
529 Water Street Unit 529, Celebration — N/A $339,000 ▼

Experience the best of Celebration living in this beautifully updated top-floor condo overlooking the picturesque Water Street Canal. Perfectly positioned in the heart of...

  • 1 Beds
  • 1 Baths
  • Water Street/Celebration SubDv.
  • 34747 Zip Code
581 Water Street Unit 581, Celebration image
581 Water Street Unit 581, Celebration — 581 $310,000

Experience the ultimate downtown lifestyle in this rare top-floor penthouse condo located on coveted Water Street! Accessible via a convenient building elevator, this bri...

  • 1 Beds
  • 1 Baths
  • Water Street Condo Ph 9 SubDv.
  • 34747 Zip Code
Home › Celebration › Water Street Condos
📋 What's on This Page
  • About Water Street Condos
  • Location & Connections
  • Neighborhood Amenities & Lifestyle
  • How Water Street Condos Compares
  • HOA Information
  • Frequently Asked Questions
  • Available Homes

Water Street Condos Homes for Sale

Celebration, FL 34747 | Lakeside Condominium Living on the Shores of Lake Rianhard

Water Street Condos sits directly on the Lake Rianhard waterfront in the southern edge of Celebration's Town Center, placing residents within walking distance of Market Street, the Columbia Restaurant, and the downtown boardwalk that wraps the lake. The mid-rise condominium buildings address the lakefront and the Water Street canal, giving units some of the most direct water access of any address in the master-planned community. View Available Homes

✔ Information verified current as of April 28, 2026

About Water Street Condos Neighborhood

Water Street Condos is one of the original lakefront condominium addresses built into Celebration's Town Center plan. The buildings front Water Street — the road and adjacent canal that connects Celebration Golf Club's water system into the southern shore of Lake Rianhard — and the units look directly onto either the lake, the canal, or the lush courtyard interiors that define Town Center's lakeside block.

The condos were developed during Celebration's first phase of Town Center construction in the late 1990s, with architecture that follows the community's adopted town-planning code: pastel facades, deep porches, decorative ironwork, and shallow setbacks that bring residents close to the street rather than walling them off behind landscaping. Floor plans range from compact one-bedroom units suitable for second homes and pied-à-terre buyers up to multi-bedroom layouts with expanded square footage and lakefront balconies.

Because Water Street Condos sits at the geographic heart of Celebration's downtown, residents do not commute to amenities — they walk to them. The Columbia Restaurant, Kilwins, the Sunday Farmers Market, the Market Street boutiques, the lakeside boardwalk, and the downtown movie theater designed by Cesar Pelli are all within a few minutes on foot. This is the kind of urban-lite, low-maintenance condominium living that Celebration's master plan was specifically designed to enable for buyers who want a walkable home base inside an architecturally distinctive community.

📊 Quick Facts
Property Style:Mid-rise lakefront condominiums (Town Center architecture)
Home Sizes:Approximately 700–2,000+ sq ft (varies by floor plan)
Bedrooms:1–3 typical
Bathrooms:1–3 typical
Year Built:Late 1990s (Celebration Town Center first phase)
HOA Fee:Contact us for current fee
CDD Fee:Verify status with Osceola County records before purchase
Building Type:Multi-story attached condominium with shared amenities
Community Features:Lake Rianhard waterfront, Water Street canal frontage, Town Center walkability
🏛️ Architectural Character

Water Street Condos was built to Celebration's strict pattern book, which dictates massing, materials, color palette, window proportions, and street-facing detail. The result is a building set that reads as a deliberate part of the Town Center streetscape rather than as a stand-alone development. Common interior amenities typical of Celebration's original Town Center condos include elevator access, secured entries, and shared courtyard or rooftop spaces. Verify specific building features and unit upgrades on a per-listing basis.

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Water Street Condos Location & Connections

Water Street Condos is located in the Town Center / Lake Rianhard core of Celebration, on the southern lakeside edge of the downtown block. The address fronts both Lake Rianhard and the Water Street canal — a deliberately designed water feature that channels flow from the Celebration Golf Club water system into the lake, giving the address an unusual two-sided water frontage. Pedestrian access to Market Street is essentially zero distance; vehicle access to Celebration Avenue, US 192, and I-4 / SR 417 runs through Campus Street, Mulberry Avenue, and Celebration Boulevard.

🏘️ Adjacent Neighborhoods, Streets & Landmarks

Adjacent Celebration neighborhoods (immediate):

  • Main Village — wraps the Town Center block on the lake's north and east sides
  • Town Center Condos — adjacent condo address on the Town Center perimeter
  • Mirasol Condos — nearby condo community within Town Center walking distance

Nearby Celebration neighborhoods (within roughly a mile):

  • North Village — north of Town Center along the Celebration Golf corridor
  • Carlyle Residences — premium condominium address in the North Village zone

Adjacent streets and landmarks:

  • Water Street & the Water Street canal — the address's namesake street and adjacent canal connecting Celebration Golf Club to Lake Rianhard
  • Celebration Avenue — the community's main spine running north toward Celebration High School and US 192
  • Campus Street & Mulberry Avenue — local Town Center cross streets connecting Water Street to Celebration Avenue
  • Savannah Square — pocket park on the Town Center lakeside
  • Celebration Presbyterian Church — within the Town Center / Main Village core
  • Downtown Celebration / Town Center — Market Street, Lake Rianhard boardwalk, and the architectural buildings designed by Philip Johnson, Michael Graves, Robert Venturi, and Cesar Pelli (this is the block Water Street Condos is built into, not a destination separate from it)
  • Celebration Golf Course — the Robert Trent Jones Sr. & Jr. course is north of Town Center, with the Water Street canal feeding from it
🚗 Detailed Commute Times
  • Walt Disney World (Magic Kingdom area): approximately 10–15 minutes via World Drive (~5 miles)
  • Disney Springs: approximately 15 minutes via I-4 (~7 miles)
  • Universal Orlando: approximately 25–30 minutes via I-4 (~17 miles)
  • SeaWorld Orlando: approximately 20–25 minutes via I-4 (~13 miles)
  • Downtown Orlando: approximately 25–30 minutes via I-4 (~22 miles)
  • Lake Nona Medical City: approximately 25–30 minutes via SR 417 (~22 miles)
  • UCF Campus: approximately 40–45 minutes via SR 417 (~32 miles)
  • Cocoa Beach: approximately 60–70 minutes via SR 528 (~65 miles)
  • Downtown Kissimmee: approximately 15 minutes via US 192 (~7 miles)

Drive times are approximate and depend heavily on time of day. The I-4 corridor through this stretch is heavily impacted by both Disney traffic and rush-hour commuters.

✈️ Airport Access
  • Orlando International Airport (MCO): approximately 25–30 minutes via SR 417 (~18 miles)
  • Orlando Sanford International Airport (SFB): approximately 50–60 minutes via SR 417 (~45 miles)
  • Kissimmee Gateway Airport: approximately 15 minutes via US 192 (~8 miles, general aviation)
🛣️ Major Roads & Highways
  • Interstate 4: Celebration's primary northeast/southwest highway, with the World Drive interchange just outside Town Center
  • Florida Turnpike: accessible east of the community via US 192
  • SR 417 (Central Florida GreeneWay): toll-road bypass east of Celebration, providing access to MCO, Lake Nona, and the SR 528 Beachline
  • US 192 (Irlo Bronson Memorial Highway): Celebration's northern commercial gateway, connecting to Kissimmee and the Disney resort corridor

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Water Street Condos Amenities & Lifestyle

The lifestyle pitch for Water Street Condos is straightforward: residents live inside Celebration's Town Center block, with Lake Rianhard out one window and Market Street out the other. There is no parking lot to cross to reach dinner, the farmers market, or the boardwalk. For buyers who want a low-maintenance, lock-and-leave Florida home that places them inside one of Central Florida's most architecturally distinctive walkable downtowns, this address is purpose-built for that brief.

The trade-off, which buyers should weigh honestly, is that Town Center is a public destination — Market Street draws tourists, the Sunday Farmers Market draws thousands, and Now Snowing fills the streets each December evening. Residents who want quiet seclusion will find that less available here than in Celebration's outer villages.

🏊 Building & Community Amenities

Amenities typically associated with Water Street Condos buildings and the Celebration Town Center membership:

  • Direct Lake Rianhard waterfront access and lakefront views
  • Water Street canal frontage on the southern building line
  • Pedestrian-only Market Street access (no vehicle crossing required)
  • Access to the Lake Rianhard downtown boardwalk
  • Access to Celebration's community-wide pools and trail system per HOA membership
  • Elevator access and secured entries (verify per building)

Specific in-building amenities, parking arrangements, and pet policies vary by floor plan and HOA documents — verify before offer.

🛍️ Shopping & Services

Market Street boutiques, gift shops, and specialty retailers are at the doorstep of Water Street Condos. The Water Tower Shoppes on Celebration Boulevard handle everyday grocery, pharmacy, and service needs, and Celebration Pointe at I-4 and World Drive adds larger-format retail and dining a short drive away.

For comprehensive shopping information: Discover even more shopping options with our comprehensive Celebration shopping guide.

🍽️ Restaurants

The Columbia Restaurant — a Lake Rianhard institution serving Spanish-Cuban cuisine from a recipe book that dates to 1905 in Tampa's Ybor City — is a few hundred feet from Water Street Condos. Market Street's lakeside dining, Kilwins, Le Macaron, and the rotating slate of Town Center restaurants give residents a walkable dining radius unmatched in Osceola County.

For comprehensive restaurant information: Explore dining options in our complete Celebration restaurants and dining guide.

🎭 Arts & Culture

Water Street Condos sits inside the architectural walking tour of Celebration: the Town Hall by Philip Johnson, the Post Office by Michael Graves, the movie theater by Cesar Pelli, and the bank by Robert Venturi are all within a five-minute walk. The Market Street Gallery and the community's rotating public installations are equally close.

For comprehensive arts & culture information: Explore more area arts & culture options in our comprehensive Celebration arts and culture guide.

🏃 Health & Wellness

AdventHealth Celebration — a full-service hospital that was co-designed as part of Celebration's original master plan — is approximately 5 minutes from the address. The on-campus AdventHealth Wellness Center & Day Spa offers fitness facilities and spa services available to residents.

For comprehensive health & wellness information: For a complete directory of healthcare providers, visit our comprehensive Celebration health and wellness guide.

🌳 Parks & Recreation

The Lake Rianhard boardwalk wraps the lake directly outside Water Street Condos, and Savannah Square is a short walk along the Town Center lakeside. Celebration's 26+ miles of interconnected trails connect from Town Center north toward the golf course and south toward the village park network.

For comprehensive parks & recreation information: Discover more parks, trails, and outdoor recreation in our detailed Celebration parks and recreation guide.

⚽ Sports & Athletics

The Celebration Golf Club — the last 18-hole course collaboratively designed by Robert Trent Jones Sr. and Robert Trent Jones Jr. — is approximately 1–1.5 miles north of Water Street Condos along the Water Street canal corridor. Storm Athletics at Celebration High School, community tennis courts, and the AdventHealth Wellness Center round out the local athletics options.

For comprehensive sports & athletics information: Find complete information on golf, fitness, and recreation in our detailed Celebration sports and athletics guide.

🎉 Fun Things to Do

The Sunday Farmers Market, the December "Now Snowing" event on Market Street, the annual Exotic Car Festival, horse-drawn carriage rides, and seasonal lakeside concerts all happen within the Town Center block where Water Street Condos is located. Residents do not drive to these — they walk downstairs.

For comprehensive events & activities information: Find even more things to do in our complete Celebration entertainment guide.

🎓 Schools

Water Street Condos is zoned within the Celebration master-planned school footprint, served by the School District of Osceola County:

  • Elementary & Middle: Celebration K-8 School
  • High: Celebration High School (IB program, AP courses, AFJROTC, Storm Athletics)

Note: School zone assignments in Osceola County are subject to change. Always verify current zoning directly with the School District of Osceola County before relying on assignments for a purchase decision.

For comprehensive school information: For detailed school ratings and educational resources, visit our comprehensive Celebration schools and education guide.

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How Water Street Condos Compares

Water Street Condos competes most directly with Celebration's other Town Center-adjacent condo addresses. The differentiator is location: Water Street is the lakefront condo, with both Lake Rianhard and the Water Street canal frontage. Buyers comparing it against the alternatives should weigh whether the premium walkability and water frontage justify the trade-offs that come with living inside a public Town Center.

Feature Water Street Condos Town Center Condos Carlyle Residences
Direct Lake Rianhard frontage Yes Partial / perimeter No (golf corridor)
Walking distance to Market Street Adjacent Adjacent ~0.5 mile
Tourist foot-traffic exposure High High Lower
Building era Late 1990s Town Center phase Late 1990s Town Center phase Later premium phase
Best for Walkable lakefront living Town Center walkability Premium condo finishes, quieter

💡 Value Proposition: Water Street Condos is the only address in Celebration that offers both direct Lake Rianhard frontage and zero-distance Market Street walkability in a single condominium product. Buyers who want lakefront views without giving up Town Center walkability have very few alternatives in Osceola County, and none with the same architectural and master-planning pedigree.

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Water Street Condos HOA & CDD Information

Water Street Condos owners pay both the building/condo association fees (which cover the structure, common amenities, insurance, and reserves) and the master Celebration community association assessment that funds shared community amenities, trail maintenance, landscaping, and the Town Center common areas. The dual-association structure is standard for Celebration condominiums and is one of the reasons the community has held its architectural and landscape standards over decades.

Buyers should review both sets of governing documents — the condo declaration for the specific Water Street building and the Celebration master association documents — before closing. Special assessments, parking arrangements, leasing rules, and pet policies all live in those documents and vary by building. CDD status for any specific Celebration address should be verified through Osceola County records before closing.

💰 HOA Fees & Management Contact

HOA fees and management company information often change. Please contact us and we will be happy to provide you with the current HOA fee, payment schedule, and direct contact information for both the Water Street Condos association and the Celebration master community association. We can also check for you to see if there are any current or upcoming special assessments.

📋 What HOA Fees Typically Cover
  • Building exterior maintenance and structural reserves
  • Building insurance (master policy)
  • Common area landscaping and lakeside frontage
  • Elevator, secured entry, and shared amenity maintenance
  • Water, sewer, and trash (typically included; verify)
  • Celebration master association assessment for community-wide trails, parks, pools, and Town Center common space
  • Reserve funding for major repairs

Specific inclusions vary by building and association documents — always verify before purchase.

📚 HOA & CDD Background Reading

For background on how Florida community associations and special districts work, see What's an HOA? and What's a CDD?

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Frequently Asked Questions

What is the HOA fee for Water Street Condos?
Please contact us for the current HOA fee, payment schedule, and HOA management company contact information. Water Street Condos owners typically pay both a building/condo association fee and the Celebration master community assessment, which cover building maintenance, common amenities, and community-wide infrastructure.
Is there a CDD fee at Water Street Condos?
CDD status for specific Celebration addresses varies and should be verified through Osceola County tax records before purchase. Contact us and we can confirm CDD status for any specific listing.
What schools serve Water Street Condos?
Water Street Condos is part of Celebration's master-planned school footprint and is served by Celebration K-8 School and Celebration High School (IB program, AP courses, AFJROTC, Storm Athletics) within the School District of Osceola County. School zone assignments are subject to change — always verify current zoning directly with the district before relying on it for a purchase decision.
How close is Water Street Condos to Lake Rianhard?
Water Street Condos is directly on the Lake Rianhard waterfront — the address sits on the southern shore of the lake, with units fronting either the lake itself, the adjacent Water Street canal, or interior courtyard exposures. The downtown boardwalk that wraps the lake is at the building's doorstep.
Can residents walk to Market Street from Water Street Condos?
Yes. Water Street Condos is part of the Town Center block — Market Street, the Columbia Restaurant, the Sunday Farmers Market site, and the Lake Rianhard boardwalk are all reachable on foot in a few minutes without crossing any major road. This is one of the few addresses in Osceola County where downtown amenities are at zero driving distance.
What is the Water Street canal?
The Water Street canal is a designed water feature that channels flow from the Celebration Golf Club water system south into Lake Rianhard. It runs along Water Street and gives the address an unusual two-sided water exposure — Lake Rianhard on one side and the canal on the other — that no other Celebration condo address replicates.
Is Water Street Condos a good fit for second-home or seasonal buyers?
The lock-and-leave format, walkable Town Center access, and proximity to Walt Disney World (approximately 10–15 minutes via World Drive) make this address one of Celebration's strongest fits for seasonal residents, second-home buyers, and Disney-adjacent investors. Verify the building's specific leasing rules and minimum lease terms in the condo association documents before purchase, as these vary by building and have changed over time.
How does Water Street Condos compare to other Celebration condo addresses?
Water Street Condos is the lakefront option in Celebration's Town Center condo market. Town Center Condos and Mirasol Condos offer comparable Town Center walkability without the direct lake frontage; Carlyle Residences is positioned in the quieter North Village / golf corridor with premium finishes but less downtown immediacy. The right choice depends on whether you prioritize lake views, walkability, or quieter surroundings.
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