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    700 Magazine St, Unit 507 New Orleans, LA 70130

    For Sale
    $520,000

    Furnished one-bedroom condo in the Warehouse and Art District.

    Property Features for 700 Magazine St

    General Information

    Interior features
    1, : "Security System", "2": "Central", "3": "Central Air", "4": "1 Unit"
    Exterior features
    1, : "Patio", "2": "Porch", "3": "Membrane"

    Building Details

    Year built
    2015

    Source: LATTER & BLUM (LATT07) Agent LATTER & BLUM (LATT07)

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse District Furnished Condo

    Located in the heart of the Warehouse and Art District, this large, fully furnished one-bedroom, one-bath unit is within walking distance of downtown New Orleans. The unit features large windows, wood floors, marble countertops, and appliances from Subzero, Wolf, Asko, and Marvel. It also includes gas cooking and an in-unit washer and dryer. A private outdoor balcony off the living area offers a view of the 4th-floor Atrium. Building amenities include a 24/7 lobby attendant, assigned parking, a fitness center, and a rooftop dog walking area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Octavia Art Gallery ... Art Gallery The Kalorama NOLA Condominium Complex Gianna Restaurant Italian Restaurant

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Daycare Center Gym & Fitness Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0687126
    Latitude
    29.9466287

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    FAQs

    What type of property is this?
    Single family property - Furnished one-bedroom condo in the Warehouse and Art District.
    Where is this single family property located?
    The property is located at 700 Magazine St, Unit 507 New Orleans, LA.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: - Prime location in the heart of the Warehouse and Art District, walking distance to downtown New Orleans.; - Fully furnished, move-in ready one-bedroom unit.; - High-end kitchen with **marble countertops and top-of-the-line appliances (Subzero, Wolf, Asko, Marvel) and gas cooking.**
    Request Owner's contact information
    700 Magazine St, Unit 507 New Orleans, LA 70130
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    New Orleans, LA 70130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 Magazine St, Unit 507 New Orleans, LA 70130
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