1433 Floribunda Avenue 1, Burlingame, California 94010, Burlingame, 94010 - 2 bed, 2 bath

1433 Floribunda Avenue 1, Burlingame, California 94010 home-pic-0
ACTIVE$1,399,000
1433 Floribunda Avenue 1, Burlingame, California 94010
2Beds
2Baths
1,200Sqft
Lot
Year Built
2025
Close
-
List price
$1.4M
Original List price
$1.55M
Price/Sqft
$1,166
HOA
$925
Days on market
-
Sold On
-
MLS number
ML82017055
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.40M(71th), sqft - 1200(14th), beds - 2(50th), baths - 2(50th).

Experience modern luxury at The Flora Burlingame's newest 8-unit boutique condominium. Unit 1 is the only ground-floor residence featuring an expansive private garden and patio, perfect for outdoor entertaining or quiet relaxation. Inside, enjoy high ceilings, wide-plank wood flooring, and abundant natural light throughout. The chef's kitchen offers quartz countertops, custom cabinetry, and high-end appliances, while the elegant bathrooms provide a spa-like touch. With 2 spacious bedrooms, 2 bathrooms, in-unit laundry, and conveniently located deeded parking, this home blends style, function, and indoor-outdoor living, all just steps from vibrant downtown Burlingame and Caltrain.

Nearby schools

8/10
McKinley Elementary School
Public,K-50.2mi
4/10
San Mateo Park Elementary School
Public,K-50.8mi
8/10
Burlingame Intermediate School
Public,6-81.9mi
6/10
Borel Middle School
Public,6-82.6mi
9/10
Burlingame High School
Public,9-120.3mi
7/10
San Mateo High School
Public,9-121.2mi

Price History

Date
Event
Price
10/31/25
Price Change
$1,399,000-6.7%
10/03/25
Price Change
$1,499,000-3.3%
08/05/25
Listing
$1,550,000
Condition Rating
Excellent

This property is a brand new condominium, built in 2025, as explicitly stated in the listing. The description highlights 'modern luxury,' a 'chef's kitchen with quartz countertops, custom cabinetry, and high-end appliances,' and 'elegant bathrooms with a spa-like touch.' The images confirm these details, showcasing pristine, contemporary finishes, wide-plank wood flooring, modern light fixtures, and all new appliances and bathroom fixtures. There is no deferred maintenance or physical depreciation, meeting all criteria for an excellent condition score.
Pros & Cons

Pros

Great Schools: High School: Burlingame High School (9/10).
Brand New Construction: Built in 2025, this condominium offers modern design, new systems, and the latest building standards, requiring no immediate maintenance or upgrades.
Prime Downtown Location: Situated steps from vibrant downtown Burlingame and Caltrain, providing exceptional walkability to amenities, dining, shopping, and convenient public transit access.
Exclusive Private Outdoor Space: As the sole ground-floor unit, it boasts an expansive private garden and patio, a rare and highly desirable feature for condominium living, ideal for entertaining and relaxation.
Luxury Finishes & Modern Amenities: Features a chef's kitchen with quartz countertops, custom cabinetry, high-end appliances, elegant spa-like bathrooms, high ceilings, wide-plank wood flooring, and in-unit laundry.
Top-Rated School Proximity: Located within walking distance to highly-rated McKinley Elementary (8/10) and Burlingame High School (9/10), appealing to families seeking excellent educational opportunities.

Cons

High Monthly Association Fee: The $925 monthly association fee is substantial, significantly increasing the overall cost of ownership and potentially impacting affordability for some buyers.
Multiple Price Reductions: The property has undergone several price reductions from its original list price of $1.55M to $1.399M, which may suggest initial overpricing or slower market absorption.
Ground Floor Unit Preference: While offering a private garden, some buyers may prefer higher-floor units for perceived better views, increased privacy, or reduced street noise, potentially limiting the buyer pool.

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