72 Townsend, South Beach’s most recent new construction condo development, is offering a total of 74 units this year, with a release of its third floor units scheduled later this month. A majority of the units are one and two bedrooms, but a limited number of three bedrooms will be available (penthouses and townhomes). With condominium inventory in San Francisco at bare bones levels, and each new development selling out in record time, getting early access is absolutely essential to be one of the first to purchase in the building.
The building itself will consist of 9 stories (3-9 are residential), with 4 Penthouse units, 1 Townhome, and 5,000 sq. ft. of commercial space. Third floor units (which make up the first release) will offer large outdoor terraces; however, there are no views. A common rooftop terrace should make up for that fact, and a mezzanine lounge, and lobby attendant round off the list of amenities for the building. One car parking for all units will be available as well.
Inside, high-end finishes will come standard; however, you can customize your home through 72 Townsend’s design center.
The initial release will be priced between $900k to $1.6mm with HOA dues ranging between $600 and $1200. The sales cycle for the building is expected to be eight months, so it’s obvious the developers are in no hurry to sell the units.
72 Townsend is exclusively represented by KB Homes. Climb Real Estate, Todd Montgomery, and Marcus Lee provide this information to the public and our clients and do not guarantee its accuracy. Climb Real Estate, Todd Montgomery, and Marcus Lee do not represent the seller nor the marketing company in any way.