Frank D Snodgrass, Listing Office: TTR Sotheby's International Realty
$8,728
closing credit¹
1017 Florida Ave NE Washington, DC 20002
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
(ACTIVE)
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
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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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$735,000
1017 Florida Ave NE
$8,728
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 23, 2017 | Home Sold | $575,000 |
Tax history
Year | Assessment | Property 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.
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.
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.