1405 Point in Baltimore: Waterfront Mid-Rise Living Near the Inner Harbor

1405 Point is a mid-rise residential building in Fells Point offering 180 units across studio, one-, two-, and three-bedroom floor plans in a location that places residents within walking distance of both the neighborhood's restaurant and bar scene and the Inner Harbor's waterfront attractions.

What 1405 Point actually is

1405 Point occupies the corner of East Pratt Street and South Broadway in Fells Point, a neighborhood known for older row houses and newly built rentals targeting young professionals and small families. The building itself is a modern construction completed in the mid-2010s, designed to fit among the area's lower-rise streetscape while providing contemporary interior finishes: stainless steel appliances, quartz countertops, and polished concrete or wood-look flooring in most units. The structure includes both traditional apartments and lofts with 11-foot or higher ceilings in select layouts. Unit count breaks down roughly as 60 studios, 80 one-bedrooms, 30 two-bedrooms, and 10 three-bedrooms, though exact inventory fluctuates with leasing activity.

Rent ranges and what they include

Rental rates at 1405 Point vary seasonally and by lease term length. As of early 2025, studios rent between $1,500 and $1,750 monthly; one-bedrooms range from $1,850 to $2,200; two-bedrooms from $2,400 to $2,900; and three-bedrooms from $3,200 to $3,700. Confirm current pricing directly, as rates shift with market conditions and lease-up status. All leases include trash removal and a single assigned or reserved parking spot in the building's 250-space garage. Utilities are tenant-paid except for building common areas. Pet policy allows cats and dogs with a $500 nonrefundable fee per pet and a $50 monthly pet rent, with a two-pet maximum. No breed or weight restrictions are listed, though prospective tenants should verify current policy during the application process.

How 1405 Point compares to other Fells Point options

Fells Point has added approximately 400 rental units in the past eight years, concentrating new supply along the waterfront edges. The Scarlett, two blocks west at Thames and Aliceanna, offers similar mid-rise amenities (rooftop deck, fitness center, concierge) but skews more luxury-focused with fewer studios and rents averaging $200 to $350 higher across comparable units. Harbor East, directly across the water, has denser high-rise inventory (Waterfront Park, The Promenade, Anthem) with rooftop pools and higher rents ($100 to $400 more per month for equivalent square footage). Canton, immediately south, features lower-density garden-style apartments in converted industrial buildings (Highlandtown, Harbor View) that rent $200 to $400 cheaper but require a car for neighborhood access. 1405 Point suits renters who prioritize walkability and a neighborhood feel over resort-style amenities, and who want modern finishes without the premium tier pricing of full luxury towers.

Who should rent here, and who should not

1405 Point works best for young professionals and couples without children who value nightlife access and restaurant options within a few blocks, and who use or enjoy water-adjacent recreation (kayaking launches and harbor cruises are adjacent). The building's location on a busy intersection means higher traffic noise; units facing East Pratt Street will hear delivery trucks and late-night pedestrian activity. Street parking is severely limited in Fells Point, and while the garage spot comes standard, an additional car requires renting a second space monthly ($150 to $200, rates vary) or competing for street spots. Families with school-age children should note that Fells Point has no assigned K-8 elementary school; the nearest is Highlandtown Elementary in Canton. Renters seeking quiet, suburban proximity, or multiple parking spots should look to Canton or Federal Hill instead.

The application and move-in process

Leasing at 1405 Point operates through an on-site leasing office in the ground floor of the building. First-time visitors should expect a 15-minute tour of the model units and available floor plans. Lease applications require proof of income (recent pay stubs or tax returns), a credit check, and a background screening; approval typically takes 3 to 5 business days. Security deposit equals one month's rent; a move-in fee of $300 to $500 is standard across the building and covers administrative processing. Lease terms are typically 12 months, though shorter and longer options are sometimes negotiable during slower leasing periods. The building allows self-move-ins or can recommend third-party moving companies; no in-building move restrictions are enforced on weekdays.

Parking, hours, and building access

Parking is validated for residents and guests in the 250-space garage accessed from South Broadway. Guest parking is complimentary for the first two hours; extended guest permits are available. The leasing office maintains standard business hours, roughly 9 a.m. to 6 p.m. weekdays and 10 a.m. to 4 p.m. weekends; after-hours emergency maintenance is available 24/7. Building amenities include a fitness center, community room, and rooftop deck with grills, all included in rent.

1405 Point fills a specific demand in Baltimore's rental market: new construction with modest amenities at a price below true luxury towers, located in a walkable neighborhood where the building itself is not the sole draw. The tradeoff is noise and street-level activity that appeal to some renters and deter others.