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525 W Lafayette Blvd Unit 16B, Detroit, MI, 48226

3beds
2baths
1,848sqft
$524,900
$284price/sqft
$3,657/moest. monthly cost
$146,280/yrincome needed

About This Home

Fifty-six exclusive residences are set within one of Detroit’s most significant historic towers, designed by Albert Kahn in 1927. Fort Shelby Residences offers refined city living with sweeping views of the Detroit River and skyline as a constant backdrop. Original architectural character remains intact, while quartz, wood, and steel have been thoughtfully integrated into the century-old structure—enhancing the space without overshadowing its history. Modern appliances and updated systems provide the comfort and performance expected today. Residence 16B features the sought-after B floorplan, with windows on three sides and exceptional natural light throughout the day. Spanning approximately 1,848 square feet, the layout is expansive yet purposeful. The open kitchen, living, and dining area—over 800 square feet—anchors the home and captures panoramic river and city views. All hardwood floors run throughout the residence, with no carpet, reinforcing the clean, cohesive aesthetic. The primary suite offers nearly 400 square feet of quiet retreat, complete with a dressing area, generous walk-in closet, and a well-appointed en-suite bath. The home is well maintained with meaningful updates, including a new water tank (2024) and a heat pump/HVAC system replaced in 2018. Window treatments are included. The property also benefits from an NEZ certificate, offering significantly reduced property taxes. Beyond the residence, Fort Shelby offers a fully serviced urban lifestyle. Amenities include a private residential lobby with concierge service, a 24/7 fitness center, on-site restaurant and bar, and valet parking available around the clock (fee-based). The residence includes a parking space conveniently located close to the building entrance. Each element is designed to simplify downtown living while maintaining privacy and discretion. Unit 16B presents a rare opportunity to own a light-filled, architecturally significant residence in one of downtown Detroit’s landmark towers, defined by scale, views, and service.

Getting Around

91
WalkingWalker's Paradise
85
TransitExcellent Transit
70
BikeVery Bikeable

Schools

4/10
4/10
Northwestern High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1918

Materials

  • Foundation: Basement,Block,Slab
  • Roof: Rubber
  • Construction materials: Brick,Stone

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: Condo
  • Architectural style: Historic,High Rise
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Free Standing Electric Range,Free Standing Refrigerator,Microwave,Stainless Steel Appliances,Washer
  • Laundry features: In Unit,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Common,Interior Entry,Unfinished

Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 11 X 10

Bedroom

  • Level: Entry
  • Area: 144
  • Dimensions: 12 X 12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Features

  • Programmable Thermostat
  • Finished area above ground: 1,848

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,848 sqft

Kitchen

  • Level: Entry
  • Area: 130
  • Dimensions: 13 X 10

Laundry

  • Level: Entry
  • Area: 30
  • Dimensions: 6 X 5

Living Room

  • Level: Entry
  • Area: 572
  • Dimensions: 26 X 22

Other

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Primary Bathroom

  • Level: Entry
  • Area: 90
  • Dimensions: 10 X 9

Primary Bedroom

  • Level: Entry
  • Area: 240
  • Dimensions: 12 X 20

Property

Details

  • Parcel number: W04I000118S032
  • Special condition: Short Sale No,Standard
  • Other equipment: Intercom
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: One
  • Stories: 1
  • Entry location: LowerLevelwElevator
  • Pool features: None
  • Exterior features: Lighting,Private Entrance

Lot

  • Features: Water View

Parking

  • Parking features: Assigned 1 Space,Parking Lot,No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$159$1,908
Property Taxes $643$7,716
Electricity $201$2,418
Total$3,657$43,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,382/yr
40% on housing$109,710/yr
45% on housing$97,520/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$284This listing

vs Other Active Listings

Avg $/sqft

ZIP 48226$205
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48226$221
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-19Listed for sale$549,900
2024-12-05Listing removed$600,000
2024-05-23Listed for sale$600,000

For Sale by Agent

AgentJerome Huez
BrokerageBerkshire Hathaway HomeServices The Loft Warehouse

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