Seattle Condo Authority Network • Belltown
54-unit Belltown mid-rise at 87 Virginia St, completed 2007. Modern condo building on Virginia Street in Belltown's waterfront-adjacent corridor.
Building Profile
| Building Name | 87 Virginia |
| Address | 87 Virginia St |
| Year Built | 2007 |
| Total Units | 54 |
| Stories | Data to be verified |
| Neighborhood | Belltown, Seattle, WA |
| HOA Fees | $400–$800/mo (est.) |
| Price Range | $400K–$1.1M+ |
| Rental Policy | Data to be verified |
| Building Type | Mid-Rise |
About This Building
87 Virginia is a 54-unit condominium mid-rise at 87 Virginia Street in Belltown, completed in 2007. Virginia Street runs through one of Belltown's most desirable blocks, positioned between the neighborhood's restaurant corridor and the Elliott Bay waterfront on Alaskan Way.
The building's 2007 completion places it among Belltown's peak-cycle mid-rise construction, with floor plans and finishes reflecting the design standards of the mid-2000s condo boom. At 54 units, 87 Virginia is sized for a cohesive ownership community without the anonymity of Belltown's larger high-rise towers.
Belltown's Virginia Street corridor offers walkable access to the Pike Place Market, the Olympic Sculpture Park, and the Elliott Bay waterfront. The street's concentration of restaurants and the proximity to Seattle's waterfront development makes it one of the neighborhood's most sought-after residential addresses.
Jeff Reynolds maintains sales data and HOA financials for 87 Virginia within the Seattle Condo Authority Network. Stories count should be verified; contact Jeff for current listings and a full Belltown building comparison.
Due Diligence
Key factors every buyer should evaluate before making an offer at 87 Virginia. Jeff Reynolds reviews these items as part of every buyer consultation for this building.
At 54 units, 87 Virginia sits in the range where some conventional lenders apply extra scrutiny. Verify owner-occupancy ratios and rental cap status before committing to financing. FHA and VA eligibility should also be confirmed—boutique buildings sometimes miss certification thresholds.
Smaller associations mean fewer units trading, which can reduce comparable sales data for appraisals. Work with a lender experienced in Seattle condo boutique buildings, and budget for a longer appraisal process if comps are thin.
With 54 units contributing to reserves since 2007, the per-unit reserve burden is higher than at larger buildings. Request the reserve study and verify the percent-funded ratio—smaller buildings with aging systems can face concentrated special assessments.
87 Virginia’s 2007 construction era often yielded distinctive architectural finishes—concrete, steel, and premium material selections were common in boutique Belltown projects of this vintage. Confirm current unit conditions reflect the original build quality.
Buyer Fit
87 Virginia attracts specific buyer profiles based on its building format, location, HOA structure, and price point. Here is who Jeff Reynolds most often works with at this building—and why.
If anonymity in a 300-unit tower is a dealbreaker and you want a building where your voice carries weight in HOA decisions, 87 Virginia’s scale is the right fit.
If finding a condo with genuine design character matters as much as location, Jeff Reynolds can walk you through which units at 87 Virginia best retained their original architectural quality.
For buyers with strong equity positions, boutique buildings like 87 Virginia offer premium character that larger, more ‘financeable’ buildings simply don’t deliver.
Market Data
87 Virginia trades at boutique-building pricing, which tends to be slightly higher per square foot than larger Belltown buildings due to scarcity and character premiums. Comparable sales are less frequent, so pricing analysis requires careful comp selection by a building-level specialist.
| Unit Type | Recent Sale Range | Est. $/sq ft | Notes |
|---|---|---|---|
| 1-Bedroom | $450K–$615K | $500–$580 | Boutique premium over larger buildings |
| 2-Bedroom | $650K–$900K | $500–$560 | High-quality finishes hold value well |
Price ranges based on recent 87 Virginia sales and comparable Belltown buildings (2007 vintage, 54 units). HOA fees estimated at $400–$800/mo. Contact Jeff Reynolds for current listings, verified HOA financials, and a personalized buyer analysis.
Knowledge Base
Before buying any Seattle condo, these guides answer the questions every buyer should resolve about HOA finances, financing eligibility, and closing requirements.
What condo HOA fees cover, how they're calculated, and what to look for in a building's fee structure.
How reserve funds work, what percent-funded means, and why the reserve study matters before you buy.
How rental caps, owner-occupancy ratios, and HOA delinquency rates affect your loan eligibility.
What the resale certificate contains, why it matters, and the key red flags buyers should watch for.
Explore More
Other condos in Belltown at a similar price tier, with links to full building profiles, buyer analysis, and current market data.
See all buildings: Browse all Belltown condo buildings →
Frequently Asked Questions
87 Virginia is located at 87 Virginia Street in Belltown, Seattle. Virginia Street runs between 1st Avenue and Alaskan Way, placing the building close to Pike Place Market, the Elliott Bay waterfront, the Olympic Sculpture Park, and Belltown's restaurant corridor.
87 Virginia has 54 residences. The building was completed in 2007. Contact Jeff Reynolds for current unit availability, floor plan details, and recent comparable sales.
87 Virginia was completed in 2007. The building reflects mid-2000s condo construction standards and has nearly two decades of HOA reserve accumulation. Contact Jeff Reynolds for reserve fund data.
HOA fees at 87 Virginia are estimated at $400–$800 per month depending on unit size. Contact Jeff Reynolds for verified current figures and reserve fund status.
87 Virginia's Virginia Street location places it near the Elliott Bay waterfront. View availability depends on specific unit floor and orientation. Contact Jeff Reynolds for guidance on which units offer water views and how view premiums affect pricing.
Your Belltown Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in 87 Virginia and every building in the Seattle Condo Authority Network. If you're buying or selling at 87 Virginia, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at 87 Virginia, maintains HOA financial data, and knows which floor plans and view orientations hold value best. This depth of building-level knowledge is what separates a specialist from a generalist.
Jeff Reynolds • Seattle Condo Authority Network • jeff.reynolds@compass.com
Current listings, recent sales, HOA financials, and buyer strategy. No obligation.