44 BROADWAY, Salt Lake City, UT 84101
3BD/—BA Residential in Salt Lake City, UT 84101. 5,000 sqft. Built 1982. Listed at $3,625,000. MLS #2150531.
3BD/—BA Residential in Salt Lake City, UT 84101. 5,000 sqft. Built 1982. Listed at $3,625,000. MLS #2150531.
Downtown Salt Lake City living at its finest in this one-of-a-kind penthouse, masterfully redesigned by renowned architect Max Smith. Formed from the seamless combination of three units, this extraordinary residence showcases sweeping north, south, and west views, filling the home with natural light. Every detail has been thoughtfully curated, from slate floors to custom Poliform cabinetry imported from Italy and Dornbracht fixtures, creating a refined European aesthetic throughout. A main kitchen and secondary kitchen offer exceptional flexibility, complemented by two laundry areas and a fully separate apartment with its own private entrance-perfect for guests, extended stays, or rental income. The home features three spacious bedrooms, each with panoramic views, and 3.5 beautifully designed baths. Never lived in since its full remodel, this penthouse offers a pristine, turnkey experience. A rare downtown luxury includes three side-by-side parking spaces conveniently located next to the elevator (#353, 354, 355). Residents also enjoy premier amenities including a pool, racquetball court, BBQ area, and a stunning rooftop hot tub with unmatched city and mountain views. Modern. Refined. Unrepeatable. A true statement of elevated urban living.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
AMERICAN TOWERS
County
Salt Lake
Zoning
Single-Family
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
5,000 sq ft
Condition
Blt./Standing
MLS #
2150531
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
AMERICAN TOWERS
County
Salt Lake
Zoning
Single-Family
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
5,000 sq ft
Condition
Blt./Standing
MLS #
2150531
List Price
$3,625,000
HOA Fees
$2,622 / Monthly
Annual Taxes
$8,343
Home Warranty
No
List Price
$3,625,000
HOA Fees
$2,622 / Monthly
Annual Taxes
$8,343
Home Warranty
No
Heating
Forced Air,Hot Water
Cooling
Central Air
Roof
Membrane
Flooring
Slate
Basement
None
Materials
Concrete
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Hot Water
Cooling
Central Air
Roof
Membrane
Flooring
Slate
Basement
None
Materials
Concrete
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
196% above
vs Market Median
6% below
Area Growth (YoY)
-0.9%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the per-subtype city median
Priced 196% above the median of similar listings
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$11,209/mo (-42.5% return on ownership cost) · STR net cashflow -$23,383/mo (-88.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$17,202/mo
Range: $13,507 – $20,897
Net Monthly Cash Flow
−$11,209 /mo (−$134,511/yr)
Monthly rental income
Monthly ownership cost
Coverage
65%
Net /mo
−$11,209
DSCR
0.83
Est. Annual Revenue
$50,822/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$23,384 /mo (−$280,609/yr)
Monthly STR income
Monthly ownership cost
Coverage
16%
Net /mo
−$23,383
DSCR
0.16
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$587,500
+517% vs median
39 days
660
$175,000 – $7,995,000
$8,343
$2,622/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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