$735,000
5 Beds
5.5 Baths
1,492 SqFt
0.03 Acre Lot
1,306 Sqft Lot
Status Active
Property Type Townhouse
Year Built 1920
Neighborhood H Street Corridor
Days on Website 871

Property Map

$735,000 – 1017 Florida Avenue Ne, Washington, DC 20002

Street View

Courtesy of Shanu T Okwesa, Equilibrium Realty, LLC {attribution_contact}

Description

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.

Property Details and Features

Basement

  • Unfinished

Bathrooms

  • 6 total bathrooms
  • 2 bathrooms on all lower levels
  • 3 bathrooms on all upper levels
  • 5 full bathrooms
  • 1 half bathroom
  • 1 half bathroom on main level

Bedrooms

  • 2 bedrooms on lower levels
  • 3 bedrooms on upper levels
  • 5 bedrooms

Building

  • 1,492 sqft living area
  • 1,492 sqft above grade (finished)
  • Built in 1920
  • Structure Type: Interior Row/Townhouse
  • 4 floors in unit
  • 4 levels
  • Victorian
  • Brick

Cooling

  • None
  • None

Heating

  • None
  • None

Listing

  • 800 days on market
  • $493 per sqft
  • Property Sub Type: Townhouse

Location

  • County: Washington
  • Subdivision: H Street Corridor

Lot

  • 1,200 sqft
  • 0.03 acres

Property

  • Other Structures: Above Grade
  • Soil Types: Unknown

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: J.O. WILSON
  • Middle School: STUART-HOBSON
  • High School: EASTERN

Sewer

  • Public Sewer

Taxes

  • City/Town Tax: $35,643
  • City/Town Tax Pymnt Freq: Semi-Annually
  • Tax Annual Amount: $35,643
  • Tax Year: 2021

Utilities

  • Hot Water: None

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This content last updated on May 18, 2024 17:02.