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For sale
  • Price cut: $50K (3/28)
    $1,149,999

    1361 Florida Ave NE, Washington, DC 20002

    3beds
    1,968sqft
    : 
    Townhouse
    Built in 1921
    1,662 Square Feet Lot
    $1,127,500 Zestimate®
    $584/sqft
    $-- HOA

    What's special

    Shovel Ready, Prime Development Opportunity: 1361 Florida Ave NE, Washington, DC 20002 Seize the chance to acquire a fully permitted and shovel-ready 7-unit apartment development project in the vibrant Trinidad neighborhood. Priced at $1.2 million, this property comes with approved plans, allowing developers to commence construction promptly. Property Highlights: - Address: 1361 Florida Ave NE, Washington, DC 20002 - Zoning: Commercial - Approved Development: 7 residential units - Projected Unit Sale Prices: $400,000 to $550,000 per unit Location Advantages: Situated in the heart of Trinidad, this property offers unparalleled access to Washington, D.C's dynamic urban lifestyle. Residents will benefit from proximity to: - Transportation: Multiple bus routes and easy access to major thoroughfares - Amenities: A diverse array of dining, shopping, and entertainment options - Recreation: Nearby parks and cultural attractions Investment Potential: The Trinidad neighborhood has experienced significant appreciation, with comparable units selling within the projected price range. This development promises a substantial return on investment, capitalizing on the area's growth and demand for quality housing. Next Steps: With plans and permits in place, this project is primed for immediate development. Developers can expedite the construction process, meeting the market's demand efficiently. Don't miss this exceptional opportunity to invest in one of Washington, D.C's most promising neighborhoods. For detailed plans, and financial projections, or to schedule a site visit, please contact us.
    83 days
    on Zillow
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    114
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2025 at 12:56pm

    Listed by:

    Zak hassan 703-987-9112,

    Keller Williams Capital Properties,

    Co-Listing Agent: Omer Muktar Reshid 443-955-8400,

    Keller Williams Capital Properties

    Source: Bright MLS,MLS#: DCDC2184908MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 606
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater
    Features
    • Basement: Combination
    • Has fireplace: No
    Interior area
    • Total structure area: 1,968
    • Total interior livable area: 1,968 sqft
    • Finished area above ground: 1,362
    • Finished area below ground: 606

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 1,662 Square Feet
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1026//0141
    • Zoning: RA-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Victorian
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Old City #1
    HOA
    • Has HOA: No
    Location
    • Region: Washington

    Financial & listing details

    • Price per square foot: $584/sqft
    • Tax assessed value: $851,780
    • Annual tax amount: $14,054
    • Date on market: 2/11/2025
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,Private Financing Available
    • Ownership: Fee Simple
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