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$1,299,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$12,463 |
2024 |
|
On the market:
44 days
|
View full details, photos, school info, and price history
Unit 503 at The Dillon, Buckhead presents a rare opportunity with HIGHLY COVETED LEASING PERMIT INCLUDED at one of Buckhead's most exclusive boutique luxury communities, adding exceptional flexibility and long-term value. Located in the heart of Buckhead, this unit offers unparalleled access to Atlanta's finest dining, shopping, and entertainment.
Key highlights -
• Two-bedroom, two-and-a-half-bath residence with north-facing skyline views and floor-to-ceiling windows, located on 5th floor.
• Private balcony with built-in gas grill, ideal for outdoor entertainment.
• Motorized shades “smart home” features in the Unit.
• Chef's kitchen with Thermador appliances, Italian cabinetry, designer interior closets, stone surfaces, waterfall island.
• Primary suite with dual vanities, soaking tub, frameless shower, custom closets.
• Resort-style amenities: Pool with cabanas, golf simulator, movie theater, business center, state-of-the-art fitness center, hot tub, pickleball courts, BBQ gas grills, doggie park, yoga/Pilates room, 24/7 concierge, valet parking.
• One floor away from the amenities and treetop aesthetic with lush, green views of Buckhead's canopy
• Two dedicated parking spaces and a private storage room
• High-demand luxury asset and an "income-producing vehicle," not just a home.
Investor package -
• Tax Advantages: Utilize cost segregation (accelerated depreciation) on the high-end finishes and appliances.
• "1031 Exchange" opportunity to avoid capital gains taxes.
• "Ready-to-rent" status for events like FIFA World Cup 2026
• Unit’s earning potential based on 2026 market data –
o Projected Monthly Rent: ~$7,500
o Annual Gross Income: ~$90,000
o Estimated Expenses: * HOA Fees: ~$13,200/yr
o Property Taxes: ~$14,000/yr
o Insurance/Maintenance: ~$2,000/yr
o Net Operating Income (NOI): ~$60,800
o Cap Rate (rate of return): 4.68%
Unit 503 offers an exceptional blend of luxury, flexibility, and elevated Buckhead living. All ideally positioned along Peachtree Road, moments from Buckhead Village, Peachtree Battle, the BeltLine, and Atlanta's top dining destinations.
Listing courtesy of Caleb Edwards, Atlanta Fine Homes Sotheby's International