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505 Broadway

505 Broadway

505 Broadway
Condominium Building
Tacoma, WA 98402
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

63 Units
6 Stories
2009 Year Built
$462K - $1.3M Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Fitness Center
  • Stadium High School Rated A-
  • Gated Community
  • Clubhouse
  • Territorial View
  • Guest Suites

Modern urban living in the heart of Downtown Tacoma

505 Broadway, a six-story condominium building completed in 2009, stands as a testament to contemporary urban living in Downtown Tacoma. With 63 units, this mid-rise structure offers residents a blend of comfort and convenience in a prime location. The building's design incorporates a mix of brick and modern siding, featuring arched windows on the top floor and balconies for select units, creating an appealing aesthetic that complements the surrounding cityscape.

Spacious layouts with upscale finishes and stunning views

505 Broadway offers a range of floor plans to suit various lifestyles, from cozy one-bedroom units to expansive three-bedroom homes. The one-bedroom layouts span from 1,089 to 1,736 square feet, featuring 1.5 bathrooms and selling for around $600,000. Two-bedroom units, ranging from 1,286 to 1,883 square feet with 1 to 3 bathrooms, are priced between $835,000 and $865,000. The most luxurious options are the three-bedroom units, measuring 1,725 to 3,038 square feet with up to 3.5 bathrooms, commanding prices around $1,260,000. Each residence boasts high-end finishes and thoughtful design elements. Many units feature hardwood floors, crown moldings, and arched entryways that add a touch of elegance. The gourmet kitchens are equipped with high-quality cabinetry, stainless steel appliances, and under-mount lighting, perfect for culinary enthusiasts. Wine refrigerators in some units cater to oenophiles. Floor-to-ceiling windows in many apartments offer breathtaking views of the city, Puget Sound, and on clear days, the majestic Mount Rainier. Private balconies provide outdoor space to enjoy the scenery. Gas fireplaces in the living areas create a cozy ambiance during cooler months. The primary suites are designed for comfort and luxury, with spacious walk-in closets and en-suite bathrooms featuring double vanities in some units. Additional storage solutions, including multiple pantries and closets, ensure ample space for residents' belongings. Monthly HOA fees range from $500 to $800, covering common area maintenance, concierge services, garbage collection, gas, security, sewer, and water expenses.

Exclusive amenities for a refined lifestyle

505 Broadway offers an array of amenities designed to enhance residents' daily lives. The crown jewel is the Sky Lounge, located on the top floor, providing panoramic views of the city, Puget Sound, and Mount Rainier. This communal space is perfect for relaxation, social gatherings, or enjoying spectacular sunsets and holiday fireworks displays. For fitness enthusiasts, the building features a well-equipped fitness center, allowing residents to maintain their workout routines without leaving home. A hobby room provides space for creative pursuits and personal projects. The building's club room serves as an additional social hub, ideal for hosting events or casual meetups with neighbors. For those who enjoy games and reading, a library/game room offers a quiet retreat or a place for friendly competition. One unique feature of 505 Broadway is its guest suite, available for residents to reserve when hosting out-of-town visitors. This thoughtful amenity provides a convenient and comfortable option for overnight guests without compromising the privacy of individual units. Practical amenities include a car wash station, perfect for keeping vehicles pristine, and individual storage lockers for extra belongings. The building's security features, including controlled access and a security gate, ensure peace of mind for residents. High-speed internet is available throughout the building, catering to the needs of remote workers and tech-savvy residents. The rooftop deck offers an additional outdoor space for relaxation and socializing, with stunning views of the surrounding area. An on-site building manager is available to address residents' needs and maintain the property's high standards, ensuring a smooth and enjoyable living experience for all.

A vibrant urban setting with rich cultural offerings

505 Broadway's location in Downtown Tacoma places residents at the center of a dynamic and culturally rich neighborhood. The area is known for its thriving arts scene, exemplified by the nearby Theater District, which hosts a variety of performances and events throughout the year. Just a short walk away, Wright Park offers a serene green space spanning 27 acres. This historic park, designed in the 1880s, features a vast collection of trees, walking trails, picnic areas, and sports courts. The W.W. Seymour Conservatory within the park provides a tropical oasis year-round, while a modern playground and splash pad cater to younger visitors. Art enthusiasts will appreciate the proximity to several cultural attractions. The Museum of Glass, accessible via the Chihuly Bridge of Glass, showcases stunning glasswork and live glass-blowing demonstrations. The neighborhood is also home to other museums and galleries, contributing to the area's rich cultural landscape. For dining and entertainment, the neighborhood boasts an eclectic mix of options. McMenamins Elks Temple, housed in a restored historic building, offers multiple bars, a restaurant, and a music venue. Infinite Soups, a local favorite, serves an ever-changing menu of delicious soups. The waterfront area along Ruston Way provides scenic dining options, including Duke's Seafood Tacoma and Katie Downs Waterfront Tavern. Grocery shopping is convenient with several options within walking distance. Stadium Thriftway, a local market known for its quality products, is just a 15-minute walk away. For everyday essentials, there's a Safeway about a mile from the building. The neighborhood hosts various community events throughout the year, fostering a strong sense of local culture. The Tacoma Greek Festival in October and the Mosaic Arts & Culture Festival are popular annual events that bring residents together to celebrate diversity and heritage. For those seeking higher education or cultural enrichment, the University of Washington Tacoma campus is nearby, contributing to the area's vibrant, youthful atmosphere.

Well-connected with multiple transit options

505 Broadway's central location in Downtown Tacoma provides residents with numerous transportation options. The area's high walkability means many daily errands and activities can be accomplished on foot, with most amenities and services within a 5 to 15-minute walk. Public transit is readily accessible, with several bus stops within a short walking distance. The St. Helens Ave & S 4th St stop, just a 5-minute walk away, serves multiple routes including the N 30th St, North End, and Point Defiance lines. The 9th St S & St Helens Ave stop, also a 5-minute walk, provides access to additional routes such as the 6th Ave / Pacific Ave line. For those commuting to Seattle or other parts of the region, the Theater District/South 9th Street Link light rail station is conveniently located about a 5-minute walk from the building. This station is part of the Tacoma Link system, which connects to the larger regional transit network. The Tacoma Dome Station, a major transit hub, is just a 5-minute drive or a short light rail ride away. This station serves the Sounder commuter rail, providing direct access to Seattle and other cities along the Puget Sound. For residents who prefer to cycle, while the immediate area is somewhat bikeable, caution is advised due to limited bike infrastructure. However, efforts are ongoing to improve cycling conditions in the city. Drivers will appreciate the easy access to major roadways. Interstate 705 is nearby, connecting to Interstate 5 for longer journeys. The building offers secure parking for residents, ensuring convenience for car owners. For air travel, Seattle-Tacoma International Airport is approximately a 35-minute drive away, providing domestic and international flight options. The variety of transportation options available near 505 Broadway allows residents to choose the most convenient method for their daily commutes and travels, whether it's walking, public transit, or personal vehicles.

Building Details

Recreation

  • Fitness Center
  • Community Spa

Amenities

  • Territorial Views
  • Clubhouse
  • Theater or Screening Room
  • Game Room
  • Business Center
  • Guest Suites
  • Controlled Access
  • Gated Community

Parking

  • 1 Garage Space Per Unit
  • 1 Car Garage
  • Common or Shared Parking

Building Design

  • Elevator

Unit Features

  • Balcony

Activity

Views

59

Unit Information

Beds
1 Bed
2 Beds
1 Bed
2 Beds
1 Bed
2 Beds
2 Beds
2 Beds
2 Beds
1 Bed
Baths
2 Baths
3 Baths
2 Baths
3 Baths
2 Baths
2 Baths
3 Baths
3 Baths
3 Baths
2 Baths
Sq Ft
1,230
1,801
1,736
1,724
1,089
1,513
1,800
1,736
1,748
1,220
Status
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Price
--
--
--
--
--
--
--
--
--
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Estimated Value
$557,023
$829,661
$767,750
$808,240
$569,718
$708,933
$829,349
$815,583
$783,655
$442,791

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
1,089 - 1,736
Est. Values
$461,713 - $654,175
2 Bedroom Units
Sq Ft Range
1,286 - 1,919
Est. Values
$653,077 - $906,220
3 Bedroom Units
Sq Ft Range
1,725 - 3,038
Est. Values
$782,858 - $1,306,662
All Units
Sq Ft Range
1,089 - 3,038
Est. Values
$461,713 - $1,306,662

Map

Area Factors

Somewhat Bikeable

Bike Score®

38 / 100

Very Walkable

Walk Score®

82 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

67 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$336K - $1.3M
Range of Taxes in Building
$2,938 - $12,920
Range of Taxes per Sq Ft
$3.40 - $29.93

Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
Cornerstone Financial Strategies
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.