South Beach

The Metropolitan.

355 1st St
Units
342
Built
2004
Median $/sq ft · 6 sales, 12 mo
$1,181

Units here trade around $1,181/sq ft. What would yours sell for?

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South BeachThe Metropolitan
2026 market report · year to date through October 15

The Metropolitan's south tower at 355 First: eight closings this year at $1,180 a foot, two blocks from the four Anthropic corners

Eight closings at 355 First Street through October 15 on $10.4 million of volume; none in the same window of 2025 and two for all of last year. Median sale $1,573,750; median $1,180 a square foot, against the building's 2020 high of $1,348. The two-bedroom median is $1,655,000. Two blocks north, all four corners of First and Howard are leased to Anthropic.

Off market · San Francisco

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Coming-soon listings, owners’ private numbers and the Investor Exchange, with the unit, price and photos of each. Nothing in The Metropolitan is off market today; a free account shows you everything that is.

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55Coming soonentered on the MLS, not yet on the market, 18 in catalogued buildings
1On the Investor Exchangea rented unit offered by its owner
1Owner’s numberthe price that would make them move, no listing
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3 active listings in this building

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About

About The Metropolitan

The Metropolitan is a 342-unit condominium building in South Beach, San Francisco, built in 2004. In the 12 months to Oct 18, 2026, units here traded at a median of $1,181 per square foot across 6 recorded sales.

Neighborhood
South Beach
Property type
Condo
Built
2004
Units
342
The Dossier

The Metropolitan, by the numbers

Median $/sf
$1,181
Per square foot · 6 sales, 12 months to Oct 18, 2026
Median price
$1,598,750
6 sales, 12 months to Oct 18, 2026
Sold (12 mo)
6
Recorded sales, 12 months to Oct 18, 2026
Last sale
$1,630,000
Unit 1507S · Aug 19, 2026
Unit count
342
Large residential tower
Built
2004
2000's
vs South Beach median ($1,242/sf)-5%
vs San Francisco median ($1,188/sf)-1%

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Owner tenure patterns, price trajectories, sale-to-list ratios and off-market activity signals — available to members. Free to sign up.

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Recorded sales

Every recorded sale at The Metropolitan

The Metropolitan at 355 1st St has 15 recorded sales since 2024. In the 12 months to Oct 18, 2026, 6 sold at a median of $1,181 per square foot. Median time on market: 20 days (6 MLS sales, same 12 months).

DateUnitPriceSq ft$/sq ft
Aug 19, 20261507S$1,630,0001,245$1,309
Jul 1, 2026S710$789,000675$1,169
Jun 1, 2026S410$725,000——
Jun 1, 2026410$725,000754$962
May 18, 2026S1702$1,567,5001,330$1,179
May 15, 20262205$1,680,0001,300$1,292
May 13, 2026S208$450,000 BMR432—
May 4, 20261907$1,580,000——
Mar 2, 2026S2503$1,750,0001,480$1,182
Dec 31, 2024N503$748,000——
Dec 4, 20241006$460,000 BMR——
Oct 28, 2024S810$749,000——
Oct 24, 2024S202$889,000——
Oct 16, 2024S301$576,000——
Sep 20, 2024S910$708,500——

The 15 most recent of 15 recorded sales, from county records and the MLS, one row per sale. Transfers under $100,000 are left out. BMR marks a below-market-rate sale: it is listed here and left out of every figure on this site.

Unit by unit

Sale history by unit

7 units at The Metropolitan have a recorded sale since 2016. Each page lists that unit’s recorded sales and the units directly above and below it.

Market analysis

How The Metropolitan compares

Trailing-12-month performance against the half-mile surroundings and the broader market, plus quarter-by-quarter $/ft² history.

Read the full The Metropolitan market report on Local News →

How it compares

South Beach, by $/sf

Median price per square foot across South Beach buildings — last 12 months of closed sales. The Metropolitan is highlighted.

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Mortgage calculator

Back-of-envelope monthly cost for a purchase at The Metropolitan. Defaults use the building’s recent median price and conservative market assumptions.

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A short video walkthrough of recent sales in The Metropolitan and the buildings around it — what’s moving, and what it means for value.

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HOA & CC&R cheat sheet

A plain-English summary of The Metropolitan’s rules, fees, rental policy, and the fine print that actually matters — delivered within 24 hours.

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