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Nicole Peranteau

nicole@realestatemvpteam.com +1(609) 617-6999

$ 735,000

Est. payment -/mo

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Active

1017 FLORIDA AVE NE Washington, DC 20002

1,492 SqFt

UPDATED:

08/14/2024 11:18 AM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,492 sqft

Price per Sqft $492

Subdivision H Street Corridor

MLS Listing ID DCDC2041036

Style Victorian

Abv Grd Liv Area 1,492

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $35,643

Tax Year 2021

Lot Size 1,200 Sqft

Acres 0.03

Property 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.

Location

State DC

County Washington

Zoning RF-1

Rooms

Basement Unfinished

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade

New Construction N

Schools

Elementary Schools J.O. Wilson

Middle Schools Stuart-Hobson

High Schools Eastern

School District District Of Columbia Public Schools

Others

Tax ID 0956//0038

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Bank Portfolio, Conventional, Private

Listing Terms Cash, Bank Portfolio, Conventional, Private

Financing Cash,Bank Portfolio,Conventional,Private

Special Listing Condition Standard

Listed by Shanu T Okwesa • Equilibrium Realty, LLC

Nicole Peranteau

Agent | License ID: 0790242

+1(609) 617-6999

Nicole Peranteau

1017 FLORIDA AVE NE Washington, DC 20002

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1017 FLORIDA AVE NE