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Image 1 - 1017 Florida Avenue Northeast, Washington, DC 20002, USA - House for sale
Image 2 - 1017 Florida Avenue Northeast, Washington, DC 20002, USA - House for sale
Image 3 - 1017 Florida Avenue Northeast, Washington, DC 20002, USA - House for sale
Image 4 - 1017 Florida Avenue Northeast, Washington, DC 20002, USA - House for sale
Home For Sale In Washington, District Of Columbia
1017 Florida Avenue Northeast, Washington, DC 20002, USA

Home For Sale In Washington, District Of Columbia

house for sale
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Listed: 01/25/24

1017 Florida Avenue Northeast, Washington, DC 20002, USA

5 Bed:
5.5 Bath:
1,492 Sq Ft Living Area:
Save
Price
$ 735,000

About This House

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.

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Near Northeast Housing & Living

Household Income

Median household income: $85,203
Number of households: 287,476
The average household income in Washington, DC grew from $82,372 to $85,203 in the past year. This data is an estimate based upon 287,476 households in Washington, DC.
The chart below presents how household income is distributed in Washington, DC in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Washington, DC compared to median property taxes around the country. The prevalent amount of property taxes in Washington, DC equals $3k+ , which is more than the national average.