Above: The View from 40SW
Last month there was a huge condo sale at Park Avenue in Buckhead. This premium unit is located on the 40th floor and sold for $3,450,000 – originally listed at $3,975,000. The condo features oversized rooms, high ceilings, wrap around terraces with spectacular views and even two private 3 car garages. Not bad for being in the middle of everything. I love the interior which is light, open, tasteful and timeless.
This just proves the luxury market in Atlanta is still going strong. Residential sales in the $2,000,000 and up price range are showing no signs of slowing down, with condo sales at the St. Regis, The Mansion and Sovereign continuing at a steady pace. One thing to remember about these luxury buildings is they have a smaller number of units available for purchase and they are more exclusive. Buyers will always pay for quality and luxury.
There are two more premium units available in the building – #37SW listed for $3,995,000 and #40NE listed for $3,975,000.