501 Beale St Unit 18E
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
35% of that payment is not the mortgage. The HOA fee alone is $82,980 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,251.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($39,990). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-11-05 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($1,399 in 2026), not enough for a trend yet. The listing shows $1,383/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- In-unit W/D
- Garage parking
- Newer build (2006)
⚠️ Cons
- HOA $1383/mo
- Ground floor
🚩 Red flags
- Very high HOA $1383/mo (full-service high-rise)
Photos
Price history (this unit)
- Oct 15, 2026 — Listed $799,800
- Oct 10, 2025 — Rental Removed $4,795
- Sep 25, 2025 — Listed for Rent $4,795
- Sep 24, 2025 — Sold (MLS) $670,000
- Sep 24, 2025 — Sold (Public Records) $670,000
- Sep 4, 2025 — Price Changed $695,000
Description
Luxurious upper floor 1BD/1BA + office nook residence with large windows framing sweeping views of the city skylines! Thoughtful upgrades include rich ebony hardwood floors, granite countertops, a Sub-Zero refrigerator, Bosch appliances, and a smart home office nook. The open-concept living space is ideal for entertaining or relaxing, with motorized shades, Lutron controls, and Hue lighting. The serene bedroom features a walk-in closet and blackout shades, while the spa-like bath offers marble finishes, a glass-enclosed shower, and a Toto bidet toilet. Full-size in-unit laundry and a smart thermostat for everyday convenience. At the Watermark, luxury extends beyond your door with 24-hour…