Madison Tower Condo Available For Purchase or For Rent

A luxurious 2 bedroom, 2.5 bathroom, plus den condo in the beautiful Madison Tower Condominiums in Downtown Seattle. Atop Hotel 1000, this southwest corner unit features sweeping views of the Olympic Mountains, the Puget Sound, and Seattle’s cityscape. Beautifully finished with top-of-the-line appliances throughout. Resort-style amenities available including:

  • Room Service
  • Full-Service Spa
  • Exercise Room
  • Library
  • Meeting/Conference Rooms
  • Virtual Golf
  • 24hr Concierge
  • BOKA Restaurant
  • Resident-Only Rooftop Deck
  • Valet Parking Available for 2 cars

Status Available for Purchase or Rent
Area Downtown Seattle
List Price Listing Price: $1,795,000

Rental Price: $7,500 a month

Bed/Bath 2 beds/ 2.5 bath

Buy or Rent?

Millennium Tower Penthouse – Available for Purchase

seattle condoOnce in a life time opportunity to own an entire top floor penthouse in Seattle’s best condominium residence. Huge shell with high ceilings, fantastic 360 degree downtown views and endless potential. Mount Rainier, Elliott Bay, downtown skyline and Olympic Mountain views afford every great vista in Seattle. Also the roof top deck belongs solely to this luxury condo. Well located building in Seattle’s Central Business district. Close to the stadiums, restaurants, art venues, without the crowds.  One of the most prestigious condominiums in the Greater Seattle Area.  The condo boasts nearly 10,000 square feet.  When finished this will likely be the most luxurious condo in Seattle.

Seattle Condos

Status Condo For Sale
Area Downtown
List Price $8,000,000
Bed/Bath Shell

Downtown Seattle Condos Starting to Fill Up

Downtown Seattle Penthouse Condo Available

The past two years have not been promising for the Seattle Condo Market, and condo developers are finally starting to see a turn around in the Downtown area. According to the Seattle Times, roughly two dozen new projects were at work between 2007-2010 during big the real-estate crash. Many of those who bought the pre-sale backed out and several developers ended up converting their buildings to rental units to cater to the economy. Those who stuck it out had to slash prices, and in many cases had to lower the costs by up to 40 percent.

Today the market is starting to look more appealing and beginning to have the first signs that it will bounce back. A few good indicators include Escala raising  some of their prices; one of the largest downtown projects to date, Escala did so quietly, with the majority of their condo units selling for 99% of the asking price, they’ve begun upping the anty as their inventory gets smaller. Also of the 2,500 condo projects that have been built in downtown and surrounding areas, fewer than 250 units is left unsold. There are currently no new projects in place; most developers and lenders have put condos on hold to allow the market to recuperate. If you’re interested in learning more about finding a condo in the Seattle area, here is a list of available units.