#DCDC2166414, Brad C Kintz, Listing Office: Long & Foster Real Estate, Inc.
$10,000
closing credit¹
1361 Florida Ave NE Washington, DC 20002
Property details
About 1361 Florida Ave NE
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.
Highlights
(ACTIVE)
Summary
- MLS Number: DCDC2184908
- MLS Name: BRIGHT
- Office Name: Keller Williams Capital Properties
- Office Phone: (202) 243-7700
- Listing Agent: zakariya Mohamed hassan
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Last updated on: 2/14/2025, 2:21:00 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 facade](/homes/listing-images/51529430_S0366/S0366/S0366-R0100/803629133782/803629133782-1.jpg?version=1739316394&width=640)
$1,199,999
1361 Florida Ave NE
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 15, 2021 | Home Sold | $825,000 |
Nov 02, 2004 | Home Sold | $260,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $851,780 | $14,054 |
2022 | $776,170 | $12,806 |
2021 | $735,460 | $12,135 |
2020 | $707,520 | $9,144 |
2019 | $674,790 | $8,698 |
2018 | $643,050 | $8,272 |
2017 | $637,680 | $8,821 |
History based on county public records data.
Nearby schools
3
Miner Elementary School
Public District EE-5
0.3 mi
•601 15th St NE
6
Kipp Dc - Spring Academy Public Charter School
Public Charter 1-4
0.5 mi
•1375 Mount Olivet Rd NE
8
Ludlow-Taylor Elementary School
Public District EE-5
0.6 mi
•659 G St 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. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 1361 Florida Ave NE
This home is located at 1361 Florida Ave NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 1,968 square foot home, which was built in 1921, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $1,199,999.
Over 87 listings were sold over their listed price in January 2025 in Washington, DC. In the same period over 198 listings were sold below the listed price and 93 listings were sold for the listed price. The inventory of homes for sale in Washington, DC between December and January 2025 increased by 12.1%. Listings spent 59 days on the market in January 2025, and had a median list price of $673,815 during the same period.