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Good Deal or Not? “brand-new urbane boutique condos” edition

by Prince Of Petworth June 13, 2011 at 1:00 pm 62 Comments

This condo is located at 475 Florida Ave, NW:


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The flier says:

“One-bed PLUS DEN model in brand-new urbane boutique condos in popular Ledroit Park with style and sophistication. Distinctive floor plans, lots of exposed brick, fireplaces, designer kitchens and baths, high ceilings. More for the money in an urban commuter’s dream, two and a half blocks to Metro. 100 PERCENT FINANCING AVAILABLE with NO PMI. There is nothing else like these.”

You can find more info here and photos here.

Unit #2 is a 1 bed/1 bath going for $299,900 ($231.96 monthly condo fee.) Unit #3 is 2 bed/2bath already under contract at $349,900 and Unit #1 is a 2 bed/2 bath going for $309,900.

Back in Feb. ’09 the building was a shell and was auctioned for $300,000. We rejudged the building here back in mid-May.

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