The Atlantic Penthouse 4605 – What Can You Buy for $1.8 Million?

The Atlantic is fairly close to being topped out. The tower’s height is well above Twelve, which is located just across the street. At the base of the building, large precast pieces are being put into place – some of which have “Atlantic” set into the stone. It’s a great look for the building. 

The Atlantic

One penthouse (unit 4605) is listed (on FMLS – First Multiple Listing Service) for $1,816,700 – which was previously listed in November 2006 (pre-construction) for $1,576,700 then increased to $1,616,700 in August 2007, finally being increased to it’s current price in April of this year. That is a total increase of $240,000.

There’s more.

This 2 bedroom, 2.5 bath duplex condo has 22 foot ceilings, a fireplace in the living room and is on the 46th and 47th floors. It’s also around 3,000 square feet. This floor plan shows a den on each level, but you can convert the upper level den into a media room. For being so large, the floor plan needs some adjustments, but it’s has great space to work with. I only wish this unit had larger terraces, like the end units.

What else could you purchase in Atlanta for that same $1,800,000? (I used a spread of $100,000 on either side of that price.) You could purchase penthouse 2602 at Gallery for $1,895,000; a chic condo at Sovereign on the 35th floor (3502B) for $1,835,000; penthouse 2402 at Aqua for $1,799,900; penthouse 29GH at Park Place on Peachtree for $1,700,000; or a condo at the new W Residence Downtown (unit 2504) for $1,700,900. 

Below: The Atlantic Penthouse floor plan
The Atlantic

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7 Comments

  1. says: Chris

    Thanks for the info. With all of the penthouses on the market for around 1.8m it would be difficult to decide which one to choose. I was looking at the FMLS and saw some interior photos of the penthouse at Gallery; the owner did a great job with the space.

  2. says: Andrew

    For that price, all you are getting is height. There is no outdoor space to entertain, only 2 beds, and a box design. The 22ft ceiling would be great if it was oriented along the windows, giving a drammatic impact as you enter the unit, but then the master would not get a window unless you sacrificed the bath-with-a-view. Finally, the amount of square footage without natural light is pretty pathetic at this price point. I suspect the architect has never lived in a hi-rise.

  3. says: Kevin Grieco

    I think if I were to live in Buckhead I’d most likely live at either Sovereign or Terminus. Probably Sovereign because I think it would be super hot to have a fireplace on my terrace.

  4. says: Chris

    Good choice. Hopefully any potential owner of the penthouse at the atlantic still has time to work with the developers change the floorplan just like at 1010.

  5. says: Kevin Grieco

    As long as there are no walls and you have cash, the sky is the limit. You are right that unit needs some serious re-working. For being so large, there is a lot of wasted space. I would have tucked the kitchen toward the back of the unit and made the living room much larger.

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