1017 Florida Ave Ne, WASHINGTON

$735,000

5 Beds
5½ Baths
1,492 Sqft
.03 Acre
0 Parking

Fantastic development opportunity conveniently situated near the H Street Corridor and hot NoMa/Union Market! This stately Victorian rowhouse is being delivered with stamped and permitted redevelopment plans. Great opportunity to add your design vision to the existing plans to create a stunning 2-unit gem in a prime location. The permitted configuration is for a 3-bedroom 3 bath penthouse unit with rooftop deck, and a spacious 2-bedroom 2.5-bath lower unit. Perfect for condo conversion, or grand main unit with separate income generating unit. ARV of completed project is approximately $1.6M ($900K for 3 BR Unit and $700K for 2 BR Unit). Comparables are included in documents. Purchase and develop now while infrastructure street upgrades are in-progress on Florida Ave. This will be a great property on a magnificent boulevard between H Street and NoMa, once both are complete. Interior photos are in MLS Virtual Tour.

Essential Information
MLS® #DCDC2026852
Price$735,000
Bedrooms5
Bathrooms5.50
Full Baths5
Half Baths1
Square Footage1,492
Acres0.03
Year Built1920
TypeResidential
Sub-TypeInterior Row/Townhouse
StyleVictorian
StatusActive
Community Information
Address1017 Florida Ave Ne
SubdivisionH STREET CORRIDOR
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20002
Interior
HeatingNone
CoolingNone
# of Stories4
Stories4
Has BasementYes
BasementUnfinished
Exterior
ExteriorBrick and Siding
FoundationOther
School Information
ElementaryJ.O. WILSON
MiddleSTUART-HOBSON
HighEASTERN
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningRF-1
Condo Fees$0
HOA Fees$0
Listing Details
OfficeEquilibrium Realty, LLC
Office Contact(202) 788-6049
Property History
Status Changed from Pending to Active
Status Changed from Active to Pending
Price Increased from $649,900 to $735,000
Price Reduced from $895,000 to $649,900
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Listing information last updated on April 22nd, 2024 at 4:03pm EDT.