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525 Water Street SW 428Washington, DC 20024

For Sale

$1,149,000

Smart Buyer Rebate $11,490

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.

Listed by Renee M Peres

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License #SP98359821

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Compass

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3016510521

Last updated September 11, 2026

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Source: BrightMLS #DCDC2282972

Listing Facts

  • TypeCondo
  • NeighborhoodThe Wharf
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu4
  • HOA/Maint. Fees$1,978.92/month
  • Taxes$8,882/year
  • Size1,350 sqft
  • Price per sqft$851

Amenities

  • Dishwasher
  • Washer/Dryer
  • Concierge

Location

Mortgage Calculator

Listing History

09/11/2026
Listed by Compass
$1,149,000
  1. 09/11/2026$1,149,000
    Listed by Compass

Property Details for 525 Water Street SW 428

Association

Amenities

  • Association Amenities: Exercise Room, Concierge, Common Grounds
  • Pets Allowed: Cats OK,Dogs OK

Fees

  • Association Fee 2: $1,978.92 Monthly
  • Association Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Pest Control, Reserve Funds, Sewer, Trash, Water

Exterior

Construction

  • New Construction: No
  • Property Condition: Excellent
  • Year Built: 2016
  • Architectural Style: Contemporary
  • Building Name: R. L. A. SW
  • Common Walls: 1 Common Wall
  • Construction Materials: Brick, Combination
  • Entry Level: 4

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Financial

Taxes

  • Tax Annual Amount: $8,882.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Stainless Steel Appliances, Stove, Oven - Single, Washer, Water Heater
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Features: Bathroom - Stall Shower, Carpet, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar
  • Spa: No

Measurements

  • Living Area: 1,350
  • Living Area Source: Assessor

Rooms

  • Has Basement: No
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bedrooms: 1

Other

General

  • Senior Community: No

Location

  • Subdivision Name: SW WATERFRONT
  • Tax Lot: 2104
  • Water Body Name: Potomac River

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Assigned

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Septic,Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 525 Water Street SW 428.

Does this condo have parking?

Yes, there is 1 parking space available for 525 Water Street SW 428.

What are the annual taxes for 525 Water Street SW 428?

Annual taxes for this condo are estimated at $8,882.

How does 525 Water Street SW 428 compare to other condos in The Wharf?

This condo is listed 52% below the average price for condos in The Wharf and has been on the market for 68 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the R. L. A. SW building.

What is the square footage on this condo?

According to the MLS, this listing is 1,350 sqft.

525 Water Street SW 428 is a 2-bedroom, 2-bath condo for sale in WASHINGTON DC 20024. Available on Prevu for 4 days at $1,149,000. This residence features 1,350 square feet of living space, located in The Wharf. The median listing price for condos in this area is $1,625,000. Additional amenities include dishwasher, concierge, and dryer. Browse more condo listings in Washington.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.