Via Socketsite comes news of a short sale or bank owned penthouse at the Watermark, the sleek high rise building at the corner of Beale and Bryant St (aka: the other building next to the Bay Bridge that doesn't look like Sharper Image's Ionic Breeze)
Two months after its initial sale for $1,250,000 in October of 2006 Watermark (501 Beale) Penthouse #2B was flipped for $1,375,000. (Ah, the good old days.) It's now a little over two years later and the top floor condo is back on the market and asking $1,094,500.In related news, there are currently 8 units on the market in the building.
LINK: Socketsite
LINK: MLS Listing
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