Historic Atlanta High-Rise
75 Ponce De Leon Avenue NE #804 Atlanta, GA 30308
75 Ponce De Leon Avenue NE #804, Atlanta, GA, 30308
$365,000
For Sale
$365,000
Renovated historic apartment with skyline views and modern amenities.
Property Size1,136 SF
Price / SF$321.30
Days on Market328
Property Features for 75 Ponce De Leon Avenue NE #804
General Information
- Standard status
- Active
- Size
- 1,136 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1913
Listing Agency
Atlanta Fine Homes Sotheby's International
(404) 998-9944
Listed by
First MLS
(404) 998-9944
Source
Kw
Added: Aug 25, 2025 Checked: Jul 17 at 5:25 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlanta Fine Homes Sotheby's International
Investment Insights
Based on property information with market context.
Originally opened in August 1913, The Ponce stands as one of Atlanta’s first true high-rise luxury apartment houses. Designed by New York architect William Lee Stoddart, the building features Renaissance Revival design with Italianate influences. A full unit renovation was completed in 2025, including a full kitchen and bathroom gut, refinished hardwood floors, new picture windows, and a fresh coat of interior paint. The living room offers bright, open views and architectural charm. The updated kitchen features quartz countertops, a carrera tile backsplash, and stainless steel appliances. The owner's suite includes a decorative fireplace, a sitting area, and a custom closet system, while the primary bathroom showcases tile walls and a frameless glass shower. The second bedroom includes an en-suite bathroom with a tub/shower combination. The unit also features a washer and dryer with built-in shelving. Residents enjoy access to a historic rooftop terrace with skyline views and outdoor seating. The building also features a grand entrance, a spiral staircase, an elegant lobby, a fitness center, and a community laundry room. A guest suite owned by the HOA is available to reserve for visitors. One dedicated parking space is included with the unit, and additional spaces may be rented. Storage units are also available for rent. Located within close reach of the Fox Theatre, Georgia Tech, Piedmont Park, the BeltLine, Midtown and Downtown restaurants, Centennial Park, Mercedes-Benz Stadium, and State Farm Arena, the property offers 1136 square feet of living space.
Key Highlights
- Unbeatable Location: Close to the Fox Theatre, Georgia Tech, Piedmont Park, the BeltLine, Midtown & Downtown restaurants, Centennial Park, Mercedes‑Benz Stadium, and State Farm Arena.
- Fully Renovated in 2025: Enjoy a completely updated kitchen and bathrooms, refinished hardwood floors, new picture windows, and fresh paint.
- Historic Landmark Building: Live in The Ponce, a prestigious 1913 high‑rise with Renaissance Revival architecture and a grand entrance.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.9k | $21.00 |
| − Vacancy | −$1.1k | −$0.95 |
| EGI | $22.8k | $20.06 |
| − OpEx | −$10.3k | −$9.02 |
| NOI | $12.5k | $11.03 |
1,136 SF · lease $21.00/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$179.0K
$156.6K – $208.8K
NOI $12,530 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$317.6K
$277.9K – $370.5K
NOI $22,229 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Ponce Condominium
Condominium Complex
Law Offices of Gary ...
Law Firm
Ponce Mini Market
Grocery & Convenience Store
Bert & Mary Meyer ...
Charitable Organization
Nmedia
Film Production
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FAQs
What type of property is this?
Apartment building - Renovated historic apartment with skyline views and modern amenities.
Where is this apartment building located?
The property is located at 75 Ponce De Leon Avenue NE #804 Atlanta, GA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Unbeatable Location: Close to the Fox Theatre, Georgia Tech, Piedmont Park, the BeltLine, Midtown & Downtown restaurants, Centennial Park, Mercedes‑Benz Stadium, and State Farm Arena.; Fully Renovated in 2025: Enjoy a completely updated kitchen and bathrooms, refinished hardwood floors, new picture windows, and fresh paint.; Historic Landmark Building: Live in The Ponce, a prestigious 1913 high‑rise with Renaissance Revival architecture and a grand entrance.
