$8,728

closing credit¹

1017 Florida Ave NE Washington, DC 20002

$735,000
1,492 sqft
0.03 acres
$493 / sqft
Multi-Family

Property details

About 1017 Florida Ave NE

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.

Highlights

Home typeDuplex
StatusActive
(ACTIVE)
Size1,492 sqft
BasementYes
Lot size0.03 Acres
Year built1920
ParkingOn Street
MLS #DCDC2041036

Summary

  • MLS Number: DCDC2041036
  • MLS Name: BRIGHT
  • Office Name: Equilibrium Realty, LLC
  • Office Phone: (202) 788-6049
  • Office Email: tai@equilibriumrealty.com
  • Listing Agent: Shanu T Okwesa

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.
Last updated on: 1/27/2025, 9:23:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$735,000

1017 Florida Ave NE

$8,728

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 23, 2017
Home Sold
$575,000

Tax history

YearAssessmentProperty Tax
2023$787,930$39,396
2022$739,550$6,286
2021$712,860$35,643
2020$683,850$34,192
2019$642,070$5,457
2018$602,600$1,921
2017$574,480$1,750

History based on county public records data.

Nearby schools

5

J. O. Wilson Elementary School

Public District EE-5

0.3 mi

660 K St NE

8

Ludlow-Taylor Elementary School

Public District EE-5

0.4 mi

659 G St NE

6

Kipp Dc - Spring Academy Public Charter School

Public Charter 1-4

0.6 mi

1375 Mount Olivet Rd NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $112,356. Most Washington, DC residents have annual incomes between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

22%
<35k
21%
35k-100k
45%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

65%
Single, No Kids
12%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
37%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1017 Florida Ave NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 1,492 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 18, 2022 and is currently priced at $735,000.

Over 103 listings were sold over their listed price in December 2024 in Washington, DC. In the same period over 258 listings were sold below the listed price and 113 listings were sold for the listed price. The number of listings in Washington, DC increased by 0.4% between November and December 2024. The median list price of listings available in December 2024 was $676,667, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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