1433 Floribunda Avenue 2, Burlingame, California 94010, Burlingame, 94010 - 2 bed, 3 bath

1433 Floribunda Avenue 2, Burlingame, California 94010 home-pic-0
ACTIVE UNDER CONTRACT$1,550,000
1433 Floribunda Avenue 2, Burlingame, California 94010
2Beds
3Baths
1,359Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: High School: Burlingame High School (9/10).
Top Cons:
Significant Price Reductions & Extended Market Time: The property has experienced substantial price drops (from $1.75M to $1.55M) and has been on the market for 141 days, suggesting potential overpricing or challenges in attracting buyers despite its new construction status.

Compared to the nearby listings

Price:$1.55M vs avg $1.27M (+$275,000)71%
Size:1,359 sqft vs avg 1,593 sqft29%
Price/sqft:$1.1K vs avg $78586%

More Insights

This property has been on the market for 141 days.
Built in 2025 (0 years old).
Condition: This property is a brand-new residence, built in 2025, as part of 'The Flora' condominium building. The description highlights high-end finishes, including quartz countertops, custom cabinetry, and high-end appliances in the kitchen, and tastefully designed bathrooms. The images confirm a modern, sleek aesthetic throughout, with wide-plank wood flooring, recessed lighting, and contemporary fixtures. All components appear new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2025
Close
-
List price
$1.55M
Original List price
$1.75M
Price/Sqft
$1,141
HOA
$925
Days on market
141 Days
Sold On
2025-12-24
MLS number
ML82017077
Home ConditionExcellent
Features
Patio
View-

About this home

Introducing The Flora, Burlingame's newest boutique condominium building, offering upscale living in an unbeatable location just moments from Downtown Burlingame's shops, restaurants, parks, and Caltrain. Unit 2 is a stunning corner residence with a spacious townhouse-style layout spanning 1,359 sq ft, ideal for those seeking flexibility, privacy, or a dedicated home office setup. This is the only unit in the building with two oversized private patios, providing rare indoor-outdoor living in a condo setting. Enjoy a 133 sq ft patio off the living room, perfect for outdoor dining or lounging, AND a 168 sq ft private retreat off the primary suite, ideal for morning coffee or quiet relaxation. Combined, the unit offers over 300 sq ft of private outdoor space. Inside, you'll find high ceilings, wide-plank wood flooring, and large windows that flood the home with natural light. The kitchen features quartz countertops, custom cabinetry, and high-end appliances, while the tastefully designed bathrooms provide everyday luxury. With two spacious bedrooms, 2.5 bathrooms, in-unit laundry, and deeded garage parking, this unit checks all the boxes. There is also a shared backyard space! Don't miss the opportunity to own a brand-new residence in this exclusive 8-unit luxury building.

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
Condition Rating
Excellent

This property is a brand-new residence, built in 2025, as part of 'The Flora' condominium building. The description highlights high-end finishes, including quartz countertops, custom cabinetry, and high-end appliances in the kitchen, and tastefully designed bathrooms. The images confirm a modern, sleek aesthetic throughout, with wide-plank wood flooring, recessed lighting, and contemporary fixtures. All components appear new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Great Schools: High School: Burlingame High School (9/10).
Brand New Luxury Construction: As part of 'The Flora,' this 2025-built (or completed) condominium offers modern, high-end finishes including quartz countertops, custom cabinetry, wide-plank wood flooring, and high ceilings, ensuring a contemporary and upscale living experience.
Exceptional Private Outdoor Living: A standout feature is the unit's two oversized private patios, totaling over 300 sq ft, providing unique and expansive indoor-outdoor living opportunities rare in a condominium setting.
Prime Downtown Burlingame Location: Situated 'just moments from Downtown Burlingame's shops, restaurants, parks, and Caltrain,' the property boasts an unbeatable location offering convenience, walkability, and excellent transit access.
Spacious Townhouse-Style Corner Unit: This 1,359 sq ft corner residence features a flexible, townhouse-style layout with ample natural light, ideal for privacy, dedicated workspaces, or diverse living arrangements.
Access to Top-Rated Schools: The property is located within a highly desirable school district, including Burlingame High School (rated 9) and McKinley Elementary School (rated 8), a significant draw for families.

Cons

Significant Price Reductions & Extended Market Time: The property has experienced substantial price drops (from $1.75M to $1.55M) and has been on the market for 141 days, suggesting potential overpricing or challenges in attracting buyers despite its new construction status.
High Monthly Association Fees: The $925 monthly association fee is a considerable recurring expense that adds significantly to the total cost of homeownership and may deter some potential buyers.
Limited Building Size (Boutique): While offering exclusivity, an 8-unit boutique building may have a smaller reserve fund and potentially higher per-unit costs for maintenance or special assessments compared to larger condominium complexes.

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