WATER STREET CONDO PH 04
Homes for Sale in CELEBRATION, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Water Street Condo Ph 04 is a condo association in Celebration, and with a two-closing window to work from, this is a thin, phase-specific market. That matters: in a small condo phase, price is driven less by broad trends and more by the individual unit — floor, layout, interior condition, and how a given seller has maintained the space. Treat any single sale here as a data point, not a trend line.
For a buyer, the practical read is to underwrite the unit in front of you and the association behind it, not a headline number. For a seller, low turnover cuts both ways — genuine scarcity when a unit shows well, but also fewer recent comparables to anchor a price, which puts the burden of proof on condition and presentation.
WATER STREET CONDO PH 04 right now
🟢 Still climbing. The trailing-12-month median ($360K) is up 9.1% from the prior 12 months ($330K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (11 and 20 sales in the two windows).
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Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
WATER STREET CONDO PH 04 market snapshot (as of August 2, 2026): the median sale price is about $360K ($328 per sq ft over the trailing 12 months of closed sales), and a median 61 days on market for closed sales. The trailing-12-month median is up 9% from the prior 12 months, computed from record-level Stellar MLS closed sales (11 closings in the current window).
WATER STREET CONDO PH 04 is a community of 568 homes in CELEBRATION, Osceola County, built between 1996 and 2023 (median 1999.0), with a median living area of about 2,170 square feet. 46% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Water Street Condo Ph 04 sits within Celebration in Osceola County — a defined condo phase where the association, the fee structure, and the unit itself carry more weight than any market average.
Who WATER STREET CONDO PH 04 is best for.
Best for
- Buyers set on a Celebration condo who value low-maintenance ownership over a large yard
- Buyers prepared to scrutinize association fees, reserves, and leasing rules before committing
- Buyers comfortable making an offer on a unit's own merits rather than a thick stack of comps
Probably not for
- Buyers who need a wide, active inventory and frequent sales to benchmark price
- Buyers wanting full control over the exterior and structure that a fee-simple house offers
- Buyers uneasy with condo association budgets or the possibility of special assessments
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($360K) IS the median in the snapshot above, and the move from 2025 ($330K) IS the +9.1% one-year change.
Windows contain 0 to 20 sales each (11 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2008 through 2026. Deemed reliable but not guaranteed.
12% of homes for sale in ZIP 34747 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
The WATER STREET CONDO PH 04 buying strategy.
If we were buying in WATER STREET CONDO PH 04 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in WATER STREET CONDO PH 04.
Reading a small condo phase
With only a two-closing window on record as of mid-2026, there isn't enough volume here to speak in ranges or averages honestly. That's not a flaw — it's the reality of a specific condo phase — but it changes how you should shop. The questions that move value are association-level: what the monthly fee covers, the reserve position, any pending assessments, and the rules around leasing and occupancy.
Because condition drives price on a unit-by-unit basis, walk the actual space with clear eyes. Two units in the same phase can price very differently based on updates, layout, and exposure. Lean on the association's financials and recent minutes as hard as you lean on the listing photos.
The location and the amenities are priced into every listing in WATER STREET CONDO PH 04. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in WATER STREET CONDO PH 04 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.3). Basis: Recent Direction +9.1% year-over-year; Owner Commitment 46% owner-occupied; Pricing Power 94.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-turnover condo phase, the edge is homework, not hype. We pull the association documents, read the minutes, flag fee and assessment risk, and value the specific unit on its own merits rather than a phase-wide guess. When the comparable set is this small, that discipline is the whole game.
WATER STREET CONDO PH 04 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a WATER STREET CONDO PH 04 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed WATER STREET CONDO PH 04 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in WATER STREET CONDO PH 04, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your WATER STREET CONDO PH 04 home worth?
Get a no-obligation home value based on real comparable sales in WATER STREET CONDO PH 04, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in WATER STREET CONDO PH 04?
How long do homes in WATER STREET CONDO PH 04 take to sell?
How many homes are in WATER STREET CONDO PH 04?
What share of WATER STREET CONDO PH 04 is owner-occupied?
When were the homes in WATER STREET CONDO PH 04 built?
Do cash buyers compete in WATER STREET CONDO PH 04?
Who is the best real estate agent for WATER STREET CONDO PH 04?
How do I find a top CELEBRATION real estate agent who knows WATER STREET CONDO PH 04?
Can Momentum Realty connect me with an agent for WATER STREET CONDO PH 04?
Should you buy in WATER STREET CONDO PH 04?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34747)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2008 (115 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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