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  • $1,149,000

    525 Water St SW Unit 428, Washington, DC 20024

    2beds
    1,350sqft
    : 
    $7,159/mo
    Get pre-qualified
    Single Family Residence
    Built in 2016
    -- sqft lot
    $-- Zestimate®
    $851/sqft
    $-- HOA

    What's special

    Welcome to 525 Water Street SW, a beautifully customized top-floor residence in the heart of Southwest Waterfront. This spacious 2-bedroom, 2-bathroom condo offers approximately 1,350 square feet of thoughtfully designed living space, garage parking, and a rare wraparound terrace with views of the Potomac River. Natural light pours through oversized floor-to-ceiling windows, highlighting the hardwood floors, open layout, and stylish upgrades throughout. The gourmet kitchen opens seamlessly to the living and dining areas, creating an inviting space for both everyday living and entertaining. The current owners have invested in meaningful improvements, including custom closet systems, enhanced storage solutions, and a redesigned second bathroom. The spacious primary suite features a customized walk-in closet and a luxurious ensuite bath with double vanities and elegant finishes. A generously sized second bedroom and full bath provide flexibility for guests, a home office, or both. One of the home's standout features is its exceptional outdoor space. The private wraparound terrace offers plenty of room for dining, relaxing, and taking in river views, creating a true indoor-outdoor lifestyle rarely found in the city. Residents enjoy access to a fitness center, resident lounge, landscaped courtyard with grilling area, full-time concierge service, video security, assigned garage parking, and in-unit laundry. Perfectly positioned at The Wharf, this home places some of DC's best restaurants, shops, entertainment, and waterfront activities just steps away. Combining modern comfort, custom upgrades, and an unbeatable location, 525 Water Street SW offers a unique opportunity to enjoy one of the city's most vibrant waterfront communities.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Renee Peres (301)651-0521,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12775642MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: No additional rooms
      Primary bedroom
      • Features: Bathroom (Full)
      • Level: Second
      • Area: 1 Square Feet
      • Dimensions: 1X1
      Bedroom 2
      • Level: Second
      • Area: 1 Square Feet
      • Dimensions: 1X1
      Kitchen
      • Level: Main
      • Area: 1 Square Feet
      • Dimensions: 1X1
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Features
      • Basement: None
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,350 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Yes, Attached, Garage
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: No Disability Access
      Details
      • Parcel number: 0473 2104
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 2016

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Washington

      Financial & listing details

      • Price per square foot: $851/sqft
      • Tax assessed value: $1,060,940
      • Annual tax amount: $8,652
      • Date on market: 10/2/2026
      • Ownership: Condo

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/1/2016Sold$1,099,900$815/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$8,882 +2.7%$1,060,940 +2.6%
        2025$8,652 +3.1%$1,033,570 +3.1%
        2024$8,390 +5.2%$1,002,210 +5.1%
        2023$7,978 -3.1%$953,340 -2.9%
        2022$8,231 -3.3%$982,110 -3.2%
        2021$8,511 -1.3%$1,014,610 +0%
        2020$8,624 -6.4%$1,014,590 -6.4%
        2018$9,212 $1,083,710
        2017$9,212 $1,083,710
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Southwest Waterfront

        Getting around

        90 / 100
        Very Walkable
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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