525 W Lafayette Boulevard # 16B
Detroit, MI, 48226 $ 549,900
Bedrooms3 Baths2.0 Sq 1,848 Monthly Estimate*
$ 3,386
for $549,900 with 3 bedrooms and 2 full baths. This 1,848 square foot condo was built in 1918.
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.
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FeaturesInteriorInterior Amenities ProgrammableThermostat
Basement Common InteriorEntry Unfinished
Furnished Y/N Unfurnished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1848.0
Half Baths 0
Laundry Features InUnit LaundryRoom
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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GeneralSewer PublicSewer
Heating Electric ForcedAir
Cooling CentralAir
Possession AtClose
Roof Rubber
Appliances Dishwasher Disposal Dryer FreeStandingElectricRange FreeStandingRefrigerator Microwave StainlessSteelAppliances Washer
HOA Fee 795.0
Garage Spaces 0.0
Architectural Style Historic HighRise
Pool Features None
Security Features GatedCommunity SmokeDetectors
Construction Materials Brick Stone
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Yes
Year Built 1918
Levels One
Unit Number 16B
Property Subtype Condominium
Community Features FitnessCenter Sidewalks
Assoc Fee Paid Per Monthly
County Wayne
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name WAYNE COUNTY CONDO PLAN NO 945 (FORT SHELBY HOTEL CONDO)
Garage Y/N N
Total Rooms 7
Full Baths 2
Status Active
Directions At the corner of West Lafayette and 1st Street
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions TaxesHomesteadExempt
Entry Location LowerLevelwElevator
Senior Community Y/N N
High School District Detroit
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3012.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 44381
Expected Active Date 2026-01-19
Legal Description S LAFAYETTE W UNIT 39; WAYNE COUNTY CONDO PLAN NO. 945 FORT SHELBY HOTEL CONDOMINIUM RECORDED IN L46262 P1428-1542 DEEDS WCR 4/132
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ExteriorExterior Amenities Lighting PrivateEntrance
Parking Features Assigned1Space ParkingLot NoGarage
Lot Features WaterView
Water Source Public
Foundation Details Basement Block Slab
Spa N
Waterfront Y/N N
Road Frontage Type Paved
Other Equipment Intercom
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices The Loft WarehouseBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,386
- Monthly Property Taxes
- $251
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Detroit, MI
Average List Price $318,587
Percent of Sale Price 42%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/13/2026 | $549,900 | | Listed Price |