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505 Tremont St Unit 811, Boston, MA, 02116

2beds
3baths
1,699sqft
$3,150,000
$1,854price/sqft
$19,894/moest. monthly cost
$795,760/yrincome needed

About This Home

Walls of floor-to-ceiling windows offering panoramic views of the historic South End and Back Bay skyline define this 2 bedroom + study/ 2.5 bath upper floor residence in Atelier|505, the premiere full service condominium in the heart of Boston’s most vibrant neighborhood, adjacent to the Boston Center for the Arts. Designed by the renowned architectural firm of Machado and Silvetti Assoc., and developed by the Druker Companies, Ltd., Atelier sets the standard for today’s urban lifestyle. Fully applianced kitchen with stone counters and European appliances. Afzelia Doussie wood floors, abundant closet space, and private outdoor balcony. 24 hour concierge, doorman, and professional management. Amenities include residents’ terraced library with caterers’ kitchen for gracious entertaining. Fully equipped state of the art fitness room. 1 large deeded climate controlled storage room. 1 deeded reserved parking space (self park or valet).

Getting Around

99
WalkingWalker's Paradise
99
TransitRider's Paradise
87
BikeVery Bikeable

Schools

4/10
Mel H King ElementaryGrades 2-120.2 mi
--
Boston Adult AcademyGrades 11-120.3 mi
3/10

Construction

Condition

  • Year built: 2003

Materials

  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 1,699

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,699
  • Total interior livable area: 1,699 sqft

Property

Details

  • Parcel number: W:05 P:00815 S:206,4466074
  • Attached to another structure: Yes
  • Zoning: CD

Features

  • Entry location: Unit Placement(Upper)
  • Exterior features: Balcony

Lot

  • Lot size: 1,699 sqft

Parking

  • Total spaces: 2
  • Parking features: Under,Deeded
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 1

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

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

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 $15,928$191,136
Home Insurance *$564$6,768
Property Taxes $3,048$36,576
Electricity $354$4,259
Total$19,894$238,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$682,080/yr
40% on housing$596,820/yr
45% on housing$530,506/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,854This listing

vs Other Active Listings

Avg $/sqft

ZIP 02116$1,182
Suffolk County$574

vs Homes Sold Last Month

Median $/sqft

ZIP 02116$1,479
Suffolk County$453

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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$3,150,000
2026-07-28Listed for sale$3,150,000
2016-02-01Sold$2,600,000
2010-08-03Sold$1,400,000
2009-11-17Listing removed$1,795,000
2009-11-07Price change$1,795,000
2009-09-19Listed for sale$1,899,000
2007-06-01Sold$1,550,000
2004-08-10Sold$1,431,500

For Sale by Agent

AgentRichard R. O'Connor
BrokerageGibson Sotheby's International Realty

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