Luxury Detroit condo listed for sale – And its HOA fee may shock you
Located at Gratiot Ave, this condo has just hit the market and is based in the heart of Detroit. A new build, this includes 3 bedrooms, 3 bathrooms, and 2,009 sqft of living space. Put simply, it is one of the most luxurious condos in the city. It also happens to be one of the most expensive properties.
On Zillow, it is listed for $1,785,900 with an eye-watering $1,399 monthly HOA bill. For many Detroit residents, this may be the equivalent of their mortgage. In fairness, this apartment is incredibly modern and has a lot to brag about.
Here, it features panoramic views with ceiling-to-floor windows, an open-plan lounge, a gourmet kitchen, an office room, a laundry room, and plenty of other living spaces. As well, the building also features an array of amenities including a 24/7 valet, fitness center, lobby, and club room with a terrace, while also being pet friendly.
Due to the age of this property, it’s also a turn-key affair and you wouldn’t have to update anything for well over a decade if so desired. Nonetheless, although this condo has plenty of positives, it’s still very expensive. Based on this, it may not sell immediately and may even need a price cut to initiate a future sale.