This Philly condo just slashed $1.5 million off its asking price

September 24, 2023 by No Comments

It’s not every day you’ll see a property take $1,500,000 off its value. However, this is the case for this S 16th St property that is located in the heart of Philadelphia. As you may have figured, this property is still far from cheap and its current price is listed for $5,000,000 on Zillow.

So, unless you can afford $39,878 per month in mortgage costs then this place is not for you. Furthermore, it also comes with a staggering $7,299 monthly HOA fee. In fairness, it does come with 5,550 sqft, 3 bedrooms and 4 bathrooms. It’s also an excellent example of luxury living.


Not every condo can offer a sizeable shower and a bathtub right next to it, neither can they offer marble fittings either. As seen, due to the mass of windows used by the property, it also has beautiful views of the entire city center that can be viewed at any time. If you want to feel like the king of Philadelphia then this will come at a high price but may be worth it for some.


Perhaps the biggest selling point of this condo is the large balcony terrace. Here, there’s ample space to host dinner parties or chill out in the Philly summer time. Combined with its location, you can see why this place is so costly.

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