Midtown Condo with City
950 W Peachtree Street NW #1214 Atlanta, GA 30309
950 W Peachtree Street NW #1214, Atlanta, GA, 30309
$449,900
For Sale
$449,900
Updated 12th-floor condo with city views and resort-style amenities.
Property Size1,196 SF
Price / SF$376.17
Days on Market339
Property Features for 950 W Peachtree Street NW #1214
General Information
- Standard status
- Active
- Size
- 1,196 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 2006
Listing Agency
Keller Williams Realty Metro Atlanta
(404) 784-7936
Listed by
Patrick Peyer · License #266568
(404) 784-7936
Source
Kw
Added: Aug 12, 2025 Checked: Jul 16 at 7:33 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 Keller Williams Realty Metro Atlanta
Investment Insights
Based on property information with market context.
This 12th-floor unit offers views of the city skyline and the Plaza Gardens and pool. The kitchen has been recently updated and features ample cabinetry, stainless steel appliances, granite countertops, and a tile backsplash. Fresh paint and new high-end carpet have been installed in the bedrooms. The open living and dining area includes hardwood floors, 10' ceilings, and floor-to-ceiling windows. A large balcony provides space for enjoying the scenery. Resort-style amenities include a plaza-level pool, fitness center, fire pit, lounge areas, gas grills, 24-hour concierge, and on-site security. The location provides access to Midtown MARTA, Publix, Marlow's Tavern, and street-level retail. This FHA-approved community includes two side-by-side covered parking spaces, a dog relief area, and a financially strong HOA. The property is 1196 square feet.
Key Highlights
- Unbeatable Midtown location: close to MARTA, Publix, restaurants, and retail.
- Incredible city skyline and Plaza Gardens/pool views from the 12th floor.
- Resort‑style amenities: pool, fitness center, fire pit, lounge areas, grills, concierge, and security.
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 | $25.1k | $21.00 |
| − Vacancy | −$1.1k | −$0.95 |
| EGI | $24.0k | $20.06 |
| − OpEx | −$10.8k | −$9.02 |
| NOI | $13.2k | $11.03 |
1,196 SF · lease $21.00/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$188.5K
$164.9K – $219.9K
NOI $13,192 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.3K
$292.5K – $390.1K
NOI $23,403 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Western Union
Bank
Basement Renovations Atlanta ...
Construction Company
Dimple Patel
Pharmacy
higi
Physician
SnapHop
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Apartment building - Updated 12th-floor condo with city views and resort-style amenities.
Where is this apartment building located?
The property is located at 950 W Peachtree Street NW #1214 Atlanta, GA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Unbeatable Midtown location: close to MARTA, Publix, restaurants, and retail.; Incredible city skyline and Plaza Gardens/pool views from the 12th floor.; Resort‑style amenities: pool, fitness center, fire pit, lounge areas, grills, concierge, and security.
