1361 Florida Ave Ne, WASHINGTON

$1,199,999

3 Beds
1½ Baths
1,968 Sqft
.04 Acres
0 Garages

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.

Essential Information
MLS® #DCDC2184908
Price$1,199,999
Bedrooms3
Bathrooms1.50
Full Baths1
Half Baths1
Square Footage1,968
Acres0.04
Year Built1921
TypeResidential
Sub-TypeInterior Row/Townhouse
StyleVictorian
StatusActive
Community Information
Address1361 Florida Ave Ne
SubdivisionOLD CITY #1
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20002
Interior
Heating90% Forced Air
CoolingCentral A/C
Has BasementYes
BasementCombination
# of Stories3
Stories3
Exterior
ExteriorBrick and Siding
FoundationBlock
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningRA-2
Office

Keller Williams Capital Properties

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Listing information last updated on February 12th, 2025 at 10:03am EST.

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