1361 FLORIDA AVENUE
Washington, DC 20002

$1,149,999 For Sale:
Quick Facts
  • Bedroom:3
  • Baths:2
  • Area:1968sq ft
  • Style:Victorian
  • Year Built:1921
  • Lot Size:0.04 acres

Description:

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.

StatusActive
Added to RealtyWatchFebruary 11, 2025 - 72 days ago
Listing Office Keller Williams Capital Properties, zakariya Mohamed hassan
MLS IDDCDC2184908

Schedule a Showing

Interior

  • Basement: Combination
  • A/C: Central A/C
  • Heating: Y, 90% Forced Air, Natural Gas
  • Disability Feature: 2+ Access Exits

Exterior

  • General: Above Grade,Below Grade
  • Style: Victorian

Construction

  • General: Brick, 3, Block

Location

  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON

Lot

  • Zoning: RA-2, 1026//0141
  • Current Use: 0

Utilities

  • Water: Public
  • Sewer: Public Sewer

Financial

  • Source: BRIGHT_MAIN

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.