Address
1017 Florida Avenue NE, Washington, DC
Price
$ 735,000
Property Attributes
- MLS#DCDC2041036
- TypeMulti-Family
- CountyWASHINGTON
- CityWashington
- NeighborhoodH Street Corridor
- Zip20002
- StyleVictorian
- Year Built1920
- Taxes$ 35643
- Price$ 735,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
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.
| Elementary School | Middle School | High School |
|---|---|---|
| J.O. Wilson Elementary School | Stuart-Hobson Middle School | Eastern High School |
| Price History | |
|---|---|
| 3/6/2023 | Listed $895,000 |
| 8/24/2023 | 28% - $649,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | None |
| Possession | Settlement |
| Zoning | RF-1 |
| Pool Y/N | No Pool |
| Architectural Style | Victorian |
| Construction Materials | Brick |
| Year Built | 1920 |
| Property SubType | Duplex |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | H STREET CORRIDOR |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade |
| Status | ACTIVE |
| Directions | See GPS |
| ModificationTimestamp | 2024-01-24T16:41:07 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Owner RE Licensee,Agent has Financial Interest |
| Zoning Description | The purpose of the RF-1 zone is to be developed with row houses on small lots within which no more than two (2) dwelling units. |
| Total Units | 1 |
| Lot Size Square Feet | 1200.00 |
| Tax Assessed Value | 739550.0 |
| Waterfront Y/N | No |
| Street Name | FLORIDA |
| Tax Annual Amount | 35643.0 |
| Two Bedroom | 1 |
| Structure Type | Interior Row/Townhouse |
| Price Per Sq Ft | 492.63 |
| Acceptable Financing | Cash,Bank Portfolio,Conventional,Private |
| Vacation Rental Y/N | No |
| Virtual Tour | https://drive.google.com/drive/folders/1GWxOCyUy1sLidBpJSYAGiCeY4cLGkVn1?usp=sharing |
| Total SQFT | 1492 |
| Days on Market | 665 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Old City 1 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | None |
|---|---|
| Basement | Unfinished |
| Hot Water | None |
| Basement (Y/N) | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Foundation Details | Other |
| Water View Y/N | No |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Soil Types | Unknown |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 20002
Price
Taxes
Visits
Year Built
Walkscore
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