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Active NEW!
$505,000
/mo Edit
Condo/Townhome:  High Rise (4+ Levels)
2 br • 2 ba • Built 2006
1,430 sqft
Minneapolis schools
MLS# 6795502
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    Property Description

    Welcome to 521 2nd St SE—A Rare Top-Floor Penthouse in the Coveted Flour Sack Flats. This light-filled penthouse offers the perfect blend of modern comfort and urban convenience in one of Minneapolis’ most sought-after neighborhoods. Located just two blocks from the iconic Stone Arch Bridge and one block from the lively St. Anthony Main, you'll enjoy unmatched walkability to local restaurants, theaters, and downtown attractions—all while living on the quieter, more residential side of the river. Inside, nearly floor-to-ceiling windows and soaring 20-foot ceilings flood the space with natural light from sunrise to sunset. The open-concept layout is both functional and inviting, featuring a spacious primary suite, a comfortable guest bedroom, and a private balcony perfect for grilling and relaxing. This rare unit includes two heated underground parking stalls—a true luxury in the city. The boutique building, with just 50 units, offers a close-knit, secure community. HOA dues cover many essentials—including water, sewer, trash, internet, and building security—making for simplified, low-maintenance living. Whether you're a professional seeking vibrant city life with a neighborhood feel or a buyer looking for a stylish, move-in-ready home, this penthouse delivers the best of both worlds.

    Listing

    Contingency: None
    Price per sq ft: $353
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: High Rise (4+ Levels)
    Zip Code: 55414
    Neighborhood/Area: Marcy Holmes
    Subdivision Name: Cic 1630 Flour Sack Flats Cond

    Interior

    Living Area: 1,430 ft2
    Common Wall: Yes
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Disposal
    • Dryer
    • Electric Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 1,430 ft2
    Handicap Accessible: Accessible Elevator Installed, Hallways 42"+, No Stairs External, No Stairs Internal
    Out Buildings: Gazebo
    Heating System: Forced Air
    Parking Features:
    • Assigned
    • Attached Garage
    • Garage Door Opener
    • Guest Parking
    • Heated Garage
    • Insulated Garage
    • Parking Garage
    • Storage
    • Underground
    Shared Amenities:
    • Common Garden
    • Elevator(s)
    • Fire Sprinkler System
    • Security
    Unit Amenities:
    • Balcony
    • French Doors
    • Hardwood Floors
    • Kitchen Center Island
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Panoramic View
    • Primary Bedroom Walk-In Closet
    • Tile Floors
    • Vaulted Ceiling(s)
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Metal Siding
    • Steel Siding
    Roof Details: Flat

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Shared Rooms: Sun Room
    Bathroom Details:
    • Bathroom Ensuite
    • Full Primary
    • Main Floor 3/4 Bath
    • Main Floor Full Bath
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Breakfast Bar
    • Eat In Kitchen
    • Informal Dining Room
    • Kitchen/Dining Room
    • Living/Dining Room
    Main Level Size Sq Ft
    Living Room  16 x 11  176 
    Dining Room  14 x 13  182 
    Kitchen  15 x 11  165 
    Bedroom 1  18 x 16  288 
    Bedroom 2  10 x 10  100 

    Lot & Land

    Acres: 0
    Geolocation: 44.9833624966, -93.2487079153
    Lot Dimensions: Common
    Addl Parcels: 2302924410163
    Restrictions:
    • Mandatory Owners Assoc
    • Pets - Cats Allowed
    • Pets - Dogs Allowed
    • Rental Restrictions May Apply
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,946
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,946
    Association Fee Required: Yes
    Association Fee: $830
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Controlled Access
    • Internet
    • Maintenance Grounds
    • Maintenance Structure
    • Parking
    • Professional Mgmt
    • Security
    • Shared Amenities
    • Trash
    Association Company: First Service Residential
    Association Company Number: 952-277-2700

    Units

    Unit Number: 507

    Miscellaneous

    Fuel System: Electric
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.