1361 Florida Avenue Ne Washington, DC 20002

$1,199,999
3
Beds
1.5
Baths
0.04
Acres
1,968
SQFT
610
$/SQFT
$1,199,999
3
Beds
1.5
Baths
1,968   sf
$610 / sf
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1/15
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Shovel Ready, Prime Development Opportunity: 1361 Florida Ave NE, Washington, DC 20002Seize 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 unitLocation 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 attractionsInvestment 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.

Shovel Ready, Prime Development Opportunity: 1361 Florida Ave NE, Washington, DC 20002Seize 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 unitLocation 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 attractionsInvestment 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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Washington
  • Tax Amount
    $14,054
  • Status
    Active
  • Listing #
    DCDC2184908
  • Built
    1921
  • Lot Size
    0.04
  • Listed on site
    11 days
  • Listing Agent Id
    1700003495518
  • Co Listing Agent Id
    304634868478

Listed by:
Keller Williams Capital Properties

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Victorian
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