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For sale
  • $360,000

    204 N F Street #C1, Salida, CO 81201

    1beds
    378sqft
    : 
    $2,516/mo
    Get pre-qualified
    Condominium
    Built in 1950
    -- sqft lot
    $343,700 Zestimate®
    $952/sqft
    $344/mo HOA

    What's special

    Experience the perfect blend of historic character and modern comfort in Unit #201 at the Palace Hotel Condominiums, ideally located in the center of downtown Salida. Recently updated while preserving its original charm, this inviting space offers a unique opportunity for personal use or investment. A recent zoning update now allows short-term rental eligibility without requiring Chaffee County residency, opening the door to greater flexibility and income potential. Inside, the unit is filled with natural light thanks to expansive south- and east-facing windows, creating a bright and welcoming atmosphere throughout. Thoughtfully furnished and move-in ready, the space includes stylish, comfortable pieces and everything needed for immediate enjoyment or rental use. Enjoy one of Salida’s most sought-after locations—just moments from the Arkansas River and Riverside Park, with easy access to local shops, dining, breweries, and year-round events. Whether you're exploring the outdoors or enjoying the vibrant downtown scene, everything is within reach. Salida is known for its endless recreation, from hiking and biking to rafting, fishing, skiing at Monarch Mountain, and relaxing in nearby hot springs. This property offers a low-maintenance lifestyle in a building rich with history and timeless architectural detail. Whether you're looking for a turnkey short-term rental, a long-term investment, or a private mountain retreat, this property delivers location, flexibility, and charm in one exceptional package.
    125 days
    |
    339
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    William Roberts 719-207-3654 williamrobertsrealty@gmail.com,

    Full Circle Real Estate Group

    Source: REcolorado as distributed by MLS GRID,MLS#: 8349520MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Bedroom
      • Level: Main
      Bathroom
      • Level: Main
      Kitchen
      • Level: Main
      Heating
      • Baseboard, Electric
      Cooling
      • Air Conditioning-Room
      Appliances
      • Included: Bar Fridge, Dishwasher, Microwave, Oven, Range
      • Laundry: Common Area
      Features
      • Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Open Floorplan
      • Flooring: Carpet, Laminate, Linoleum
      • Windows: Triple Pane Windows, Window Coverings
      • Has basement: No
      • Furnished: Yes
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 378
      • Total interior livable area: 378 sqft
      • Finished area above ground: 378
      Video & virtual tour

      Property

      Features
      • Levels: Three Or More
      Lot
      • Features: Historical District, Master Planned
      Details
      • Parcel number: R368132463001
      • Zoning: C-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick
      • Roof: Composition,Rolled/Hot Mop
      Condition
      • Updated/Remodeled
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired)

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Radon Detector, Smart Locks
      • Subdivision: The Palace Hotel Condominiums
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      • Services included: Cable TV, Reserve Fund, Exterior Maintenance w/out Roof, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
      • HOA fee: $4,125 annually
      • HOA name: THE PALACE HOTEL CONDOMINIUMS
      Location
      • Region: Salida

      Financial & listing details

      • Price per square foot: $952/sqft
      • Tax assessed value: $389,786
      • Annual tax amount: $1,215
      • Date on market: 4/1/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Exclusions: Artwork
      • Ownership: Corporation/Trust
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $343,700

        $327,000 - $361,000

        $1,300/mo

        Price history

        DateEventPrice
        4/1/2026Listed for sale$360,000+9.6%$952/sqft
        Source: REcolorado as distributed by MLS GRID #8349520 Report a problem
        6/16/2025Sold$328,600+21.7%$869/sqft
        Source: Public Record Report a problem
        2/5/2021Sold$270,000$714/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$940 +3.4%$24,360 +16.8%
        2024$909 +12%$20,860 -12.2%
        2023$812 -0.3%$23,770 +39.7%
        2022$814 -40.2%$17,020 -2.8%
        2021$1,361 $17,510
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81201

        Getting around

        75 / 100
        Very Walkable
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Longfellow
        • Middle: Salida
        • High: Salida
        • District: Salida R-32

        Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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