Tuesday, July 30, 2013

Even If I Could Afford It, No Way Would I Buy A Closet For $675,000


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From the Las Vegas Sun: This is one expensive shoe box.
A 599-square-foot condo on the 56th floor of the Cosmopolitan’s east tower recently sold for $675,000, or $1,126.88 per square foot.
The deal, recorded July 5, is perhaps the most expensive resale per square foot in state history for any home, condo or otherwise, according to Luxury Real Estate Management co-owner Anthony Phillips, who sold the property.
By comparison, the median price per square foot of previously owned single-family homes sold in Southern Nevada in June was $96, according to the Greater Las Vegas Association of Realtors.
The one-bedroom condo on the Strip has a private terrace, telescoping doors, and a bathroom with marble tile and a Japanese soaking tub. The condo has views of the Bellagio, the Veer Towers condo complex and the Aria. 
There are a lot of people in Las Vegas who has a closet or bedroom the size of this "condo".
I'm sure the amenities are pretty good, though, but that comes with an extra monthly cost as well.

1 comment:

  1. That's about 100 sq. ft. less than the apartment I originally had here in Vegas. I lived there for 4 years, and it wasn't so bad for one person. I'm sure this place has more efficient use of space, and a helluva view. But I wouldn't want to live there as a couple, just too tight!

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