490 M Street SW , W505

Description

Exceptional Value at the SW Waterfront – Priced at $239K. Estate says make an offer. Possible tandem parking available to purchase with this unit. Call listing agent for details. This is a rare opportunity to own a spacious one-bedroom home in the highly desirable SW Waterfront at an incredible price point. A neighboring unit is reportedly under contract at $399K with a parking space—making this offering at $260K an outstanding value in a well-maintained and professionally managed building.Enjoy stunning river views from your large private balcony in this beautifully updated residence. The home features new luxury vinyl flooring, fresh paint throughout, updated countertops, and brand-new appliances, including a dishwasher, sink, and range.The expansive living and dining areas open directly to the balcony, filling the space with natural light and offering peaceful water views throughout the day. The generously sized bedroom provides a comfortable retreat with ample storage.Fee breakdown is as follows: Co-op fee of $598, estimated taxes of approximately $137/month, and utilities and amenities at $562/month—for a total all-inclusive monthly cost of $1,298.Located in the sought-after Tiber Island community, residents enjoy a full suite of amenities including a 24-hour front desk, on-site management, fitness center, community center, and a beautiful outdoor pool with grilling areas. Just steps from Waterfront Park, the riverfront promenade, and the vibrant Wharf, you’ll have easy access to dining, shopping, entertainment, and cultural destinations like Arena Stage and the Smithsonian.Experience the best of waterfront living—space, value, and location all in one.