Phoenix on the River — Minneapolis Waterfront Condos for Sale

HOA fees at Phoenix on the River typically range from $1,500 – $2,700/mo depending on unit size. Fees cover water, sewer, and trash, building insurance (structure and common areas), exterior and common area maintenance with reserves, heat and/or central systems (verify per unit), and more. Always verify the most current fees and reserve fund health with The PRO Team before placing an offer.

Pet-friendly with restrictions — confirm current breed, weight, and number limits with the HOA before purchasing.

Walkable to the downtown Minneapolis core via skyways and street level, with Metro Transit light rail (Green and Blue Lines) connecting to MSP Airport and Mall of America. I-35W and I-94 are minutes away. Downtown jobs, the riverfront, and stadiums are within a short walk. Contact The PRO Team for current listings and a personalized commute analysis based on your specific workplace.

Phoenix on the River is known for riverfront luxury high-rise on the east bank of St. Anthony Falls with expansive floor plans and panoramic Mississippi views. Phoenix on the River is ideal for discerning buyers who want the very best — waterfront access, premium amenities, and a Minneapolis address that holds its value. The PRO Team can connect you with current or former residents and walk you through what day-to-day life looks like for buyers at this price point.

Phoenix on the River spans $500K – $6.5M+ across all unit types. 1 Bedroom: From $500K, 2 Bedroom: $930K – $1.65M, 3 Bedroom / Penthouse: $1.65M – $6.5M. Entry-level units start around From $500K. HOA fees add $1,500 – $2,700/mo per month to the total cost of ownership — an important factor to include when budgeting. The PRO Team can provide a current inventory snapshot at any price point.

Phoenix on the River offers 3 unit configurations: 1 Bedroom (1,255 – 1,600 sq ft, From $500K); 2 Bedroom (1,600 – 2,800 sq ft, $930K – $1.65M); 3 Bedroom / Penthouse (2,800 – 6,970 sq ft, $1.65M – $6.5M). The building has 81 total residences. Floor, view, and finish level affect pricing within each type. The PRO Team can walk you through current availability and which configuration delivers the best value for your needs.

Confirm current rental cap, lease minimums, and any waitlist with the HOA before purchasing as an investment. Phoenix on the River has a rental cap, which limits the percentage of units that can be leased at any time. Rental cap status directly affects your financing options and future resale — some lenders won't approve loans in buildings where rental concentration exceeds thresholds. The PRO Team checks current rental availability and cap status as a standard part of our buyer due diligence.

Phoenix on the River features Indoor pool, Fitness center, Guest suites, Concierge and secured entry, Heated underground parking and 1 additional amenities. Access to these amenities is included in the monthly HOA fee. The PRO Team can walk you through which amenities are most relevant for your lifestyle and how this building's amenity level compares to similar properties in the Minneapolis market.

Phoenix on the River is one of the Minneapolis market's strongest options for buyers prioritizing simplified ownership. The HOA covers Building insurance (structure and common areas) and Exterior and common area maintenance with reserves, eliminating typical homeowner maintenance responsibilities. Phoenix on the River is ideal for discerning buyers who want the very best — waterfront access, premium amenities, and a Minneapolis address that holds its value. The PRO Team works frequently with downsizers, frequent travelers, and second-home buyers seeking exactly this type of building — we can evaluate whether Phoenix on the River is the right match for your ownership goals.

Whether Phoenix on the River fits your plans depends on the specific unit and your intended use. Review current HOA financial information, reserve funding, rental restrictions, lease requirements, insurance, fees, assessments, and lending requirements before proceeding. If renting is important, confirm the current policy and any cap directly with the association; policies and availability can change.