Midtown Condo with City
For Sale
$449,900
950 W Peachtree Street NW #1214, Atlanta, GA 30309
Updated 12th-floor condo with city views and resort-style amenities.
Property Size1,196 SF
Price / SF$376.17
Days on Market434
Property Features for 950 W Peachtree Street NW #1214
General Information
Standard status
Active
Size
1,196 SF
Property subtype
Condominium
Taxes and HOA fees
Annual Taxes
$7,188
Amenities
Cable Ready
Electric
Central
Central Air
Dishwasher
Microwave
Refrigerator
Cable Available, High Speed Internet
Building Details
Building Size
1,196 SF
Year Built
2006
Listing Agency:
Keller Williams Realty Intown
Listed By:
Patrick Peyer · License #266568
(404) 784-7936
Source:
Kw
Added: Aug 12, 2025
Changed: Oct 15
Last Checked: Oct 19 at 3:55AM
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 Intown
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,192
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,840
$263.8K
Cap Rate 7%
$188,457
$188.5K
Cap Rate 9%
$146,578
$146.6K
Market Conditions
NOI Build-Up for 1,196 SF
Gross rent
$25.1K $21.00/SF
− Vacancy
−$1.1K −$0.95/SF
EGI
$24.0K $20.06/SF
− OpEx
−$10.8K −$9.02/SF
NOI
$13.2K $11.03/SF
Area
Atlanta, GA
Vacancy
4.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,840
Cap Rate 7%
$188,457
Cap Rate 9%
$146,578
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
7,911
Businesses Nearby
Explore this area
Business Placement
Demographics for 30309, GA
31,856
Population
20,558
Households
1.5
Avg Household Size
34
Median Age
84%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
9,653
Density / Sq Mi
$111,894
Median Household Income
$81,517
Median Earnings
$2,123
Median Rent
$414,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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.
