
San Francisco, CA 94105
This Luxury Condominium is a Strong Value Opportunity, listed at $899,000—positioned well below the $933,402 Fair Market Value by 3%. This valuation gap offers $34,402 in Instant Equity. Featuring a Good Condition Rating, the unit boasts Bamboo Flooring, Granite Kitchen Countertops, and Spectacular Bay Bridge Views. Located in the prestigious Watermark building with an Outdoor Heated Pool, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium South Beach lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Beale Street #8C Subject 1 bd · 1 ba · 801 sqft · $1,165 | $899,000* List Price | 1 | 1 | 801 | $1,165 | - |
A 425 1st Street 1107 Sold 1 bd · 1 ba · 819 sqft · $1,325 · 0.2 mi | $1,085,000 | 1 | 1 | 819 | $1,325 | 0.2 mi |
B 301 Mission Street 7C Sold 1 bd · 1 ba · 833 sqft · $792 · 0.5 mi | $660,000 | 1 | 1 | 833 | $792 | 0.5 mi |
C 425 1st Street 1607 Sold 1 bd · 1 ba · 819 sqft · $1,282 · 0.2 mi | $1,050,000 | 1 | 1 | 819 | $1,282 | 0.2 mi |
D 333 Main Street 4D Sold 1 bd · 1 ba · 828 sqft · $1,133 · 0.2 mi | $938,000 | 1 | 1 | 828 | $1,133 | 0.2 mi |
E 338 Spear Street 8G Sold 1 bd · 1 ba · 645 sqft · $1,228 · 0.2 mi | $792,000 | 1 | 1 | 645 | $1,228 | 0.2 mi |
F 50 Lansing Street 411 Sold 1 bd · 2 ba · 684 sqft · $1,060 · 0.3 mi | $725,000 | 1 | 2 | 684 | $1,060 | 0.3 mi |
G 401 Harrison Street 31G Sold 1 bd · 1 ba · 758 sqft · $1,438 · 0.2 mi | $1,090,000 | 1 | 1 | 758 | $1,438 | 0.2 mi |
H 1 Hawthorne Street 10D Sold 1 bd · 1 ba · 846 sqft · $851 · 0.5 mi | $720,000 | 1 | 1 | 846 | $851 | 0.5 mi |
I 501 Beale Street 4D Active 1 bd · 1 ba · 759 sqft · $921 · 0.0 mi | $699,000 List Price | 1 | 1 | 759 | $921 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is approximately 18-20 years old, placing it squarely in the 'Good' category. It features well-maintained, high-end finishes including granite slab countertops, stainless steel appliances, bamboo flooring, and a marble bathroom. The unit is functional and move-in ready with modern amenities.
Elementary School: Chin (John Yehall) Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property offers spectacular, unobstructed Bay Bridge and water views from every room, situated in the heart of South Beach near the Embarcadero and Financial District.
The Watermark provides a boutique living experience with a 24-hour doorman, fitness center, and a heated outdoor pool featuring stunning bridge views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22595, other record lot size in square feet = 22698.
The unit is tenant-occupied until July 2026, which restricts immediate possession for owner-occupiers and limits the property's appeal to long-term investors.
The monthly HOA fee of $1,399 is substantial for a one-bedroom condo, potentially impacting the buyer's debt-to-income ratio and overall carrying costs.
Beautiful one bedroom, one bath home with spectacular Bay Bridge & water views at Watermark. The spacious home features views from every room and is finished with bamboo flooring throughout, custom window treatments, spacious closets, stainless steel appliances, absolute black slab granite kitchen countertops, and a marble bathroom. In-unit washer/dryer and one car parking complete the home. Watermark is a boutique doorman attended building in the heart of South Beach, a short walk to the Ferry Building/Farmer's Market, Embarcadero waterfront, Financial District, Oracle Park, and Union Square. Amenities include an outdoor heated pool with spectacular views of the Bay Bridge, a Fitness Center, fireplace lounge, outdoor BBQ area and more. Easy access to public transportation, freeways, and the Bay Bridge. ** Unit is tenant occupied through July 2026, need notice to show. Photos are of a different unit with the same floor plan and orientation two floors lower. 8C has much lighter, bamboo flooring. **
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 801 | 1,111.771 |
| Lot Size | 22,595 | 9,271.706 |
| Price | $899.0K | $1.25M |
| Price per sq ft | $1.1K | $1.1K |
| Built year | 2006 | 1989 |
| HOA | $1399 | $804 |
| Days on market | 17 | 67 |
Oct 7, 2026
$899,000
Initial Listing
May 24, 2019
$680,000
Public Record
Dec 12, 2013
$690,000
Public Record
Apr 16, 2010
$402,000
Public Record
Jan 30, 2007
$725,000
Public Record