Active$609,900
2 bd3 ba1,704 SFCondo
850 Piedmont Avenue NE Unit 3302
Atlanta, GA 30308 · The Dakota · 50 days listed
FMLS #7833962 · Listing Provided By Atlanta Communities · 404-379-1685
Active Under Contract21 days listed
567 Ponce De Leon Avenue Unit 516, Atlanta, GA 30308
- 2bd
- 2ba
- 1,052SF
FMLS #7849620 · Listing Provided By Compass · 404-668-6621 · Listing agent Adrianna Angelone
Location
567 Ponce De Leon Avenue Unit 516, Atlanta GA 30308
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About this home
Just steps from Ponce City Market and Atlanta’s most vibrant stretch of the BeltLine, The Leon on Ponce presents an exceptional opportunity to own one of Old Fourth Ward’s most expansive and coveted residences. This sophisticated new-construction home offers elevated city living in one of Atlanta’s most sought-after neighborhoods. Final leasing permits have been released—act now to secure yours. Designer Model Residences are now open for viewing. Photos are of a similar residence within the building. Owner financing available.
How this list price compares in Atlanta
- List price is 60% above the Atlanta median list price of $380,000 (5,382 homes).
- Compared with 1,862 condos in Atlanta: 106% above the median of $295,000.
- List price per square foot is 127% above the Atlanta median of $255/SF.
- 12 homes for sale in The Leon.
- All 5,382 homes for sale in Atlanta, GA.
- 6,734 homes for sale in Fulton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Condo
- Status
- Active Under Contract
- Bedrooms
- 2
- Full baths
- 1
- Half baths
- 1
- Living area
- 1,052 SF
- Year built
- 2025
- Levels
- One
- Main-level bedrooms
- 2
- Garage spaces
- 2
- Parking
- Attached, Covered, Garage
- Style
- Mid-Rise (up to 5 stories)
- Construction
- Cement Siding, Stucco
- Roof
- Composition
- Flooring
- Hardwood
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Appliances
- Dishwasher, Disposal, Electric Range, Microwave
- Lot
- Level
- Community
- Concierge, Dog Park, Gated, Homeowners Assoc, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Sidewalks, Street Lights
- HOA
- $499 monthly
- County
- Fulton
Assigned schools
- HighMidtown
- MiddleDavid T Howard
- ElementaryJohn Hope-Charles Walter Hill
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $609,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$5,074/mo
- Principal and interest
- $3,765
- Property tax
- $457
- Home insurance
- $125
- Mortgage insurance
- $228
- HOA dues
- $499
- Loan amount
- $548,100
- Cash down
- $60,900
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses about 0.9% of price per year; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Compass, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active Under Contract) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Atlanta?
See the similar homes section on this page, or browse all homes for sale in Atlanta, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment buildings for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for saleChurch buildings and sanctuaries for sale statewide.
- land for sale in GeorgiaAcreage, lots and development land.
- apartment complex for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
Investor research and tools
- cap rates for apartment buildings in AtlantaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio explainedDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- multifamily financing optionsConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- multifamily cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily investment calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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