The Palms - The Palms aims to offer a hotel quality experience with bells and whistles like a movie theater, business center, concierge and state-of-the art fitness center. All the units come with parking.

The Sales Center claims that 25% of the units sold at the Palms go to second home buyers. Single women are also choosing the Palms, perhaps because they are practical investors who recognize the good value for their money.

The challenge for the Palms is its South of Market location– set at the corner of 4th and Brannan, it’s on a solid safe block just a stone’s throw from Caltrain and some outstanding restaurants, but getting to anything else requires a minimum 10-minute walk through a landscape that still feels more light industrial than residential. The side of the building also faces a vast parking lot that has no immediate plans for development. I’m certain things will change over the next 10 years, but those living here now are going to feel like urban pioneers for awhile.

Just over a year old, the sales office at The Palms still has inventory among their 300+ units that they are anxious to move. Sample prices an1100 square foot two-bedroom “flat” listed for $845,000 and a variety of one-bedrooms listed between $569,000-685,000. I am fairly certain that there is room in these prices. Call for more details and I’ll fill you in.

This entry was posted on Tuesday, May 29th, 2007 at 12:00 pm and is filed under San Francisco Pied a Terres. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Posted in San Francisco Pied a Terres  

Comments are closed.