District of Columbia
Washington
1361 FLORIDA AVE NE

$1,150,000

1361 FLORIDA AVE NE, Washington, DC 20002

3 beds |
2 baths |
1,968 sqft

Town Home
Built in 1921
1,742sqft lot
—— car garage
$584/sqft
Listed 1 month ago

Property 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.

Listing Status:: Active
Listing Office:: Keller Williams Capital Properties : 2022437700
Listing Agent:: zakariya Mohamed hassan : 7039879112
MLS ID:: DCDC2203978

Basement: Combination
A/C: Central A/C
Heating: 90% Forced AirNatural Gas
Disability Feature: 2+ Access Exits

This listing courtesy of zakariya Mohamed hassan, Keller Williams Capital Properties

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Property Taxes $
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Location

Schools Nearby

Wheatley Education Campus

1299 Neal St NE, Washington, DC, 20002

Grades EE-8

0.23 miles away

Wheatley Education Campus

1299 Neal St NE, Washington, DC, 20002

Grades EE-8

0.23 miles away

Phelps Architecture Construction and Engineering High School

704 26th St NE, Washington, DC, 20002

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.