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    1324 18Th St Nw Washington, DC 20036

    For Sale
    $10,990,000

    Permitted project in desirable location for hospitality or residential development.

    Lot size:
    0.14 Acres

    Property Features for 1324 18Th St Nw

    General Information

    Standard status
    Active
    Lot size
    0.14 Acres

    Building Details

    Year built
    1870

    Source: CAPITAL RESIDENTIAL PROPERTIES Agent NATALIE E HASNY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dupont Circle Development Opportunity

    Located just off Dupont Circle, 1324 18th Street NW presents a development opportunity. The fully permitted, shovel-ready project is approved for a high-end 55-unit boutique short term rental/hotel concept or residential development. The plans preserve the striking historic façade while introducing a thoughtfully designed new-construction tower at the rear. Permitted as a short term rental/hotel, the property can also be used for residential purposes by right. This property offers the opportunity to deliver hospitality or luxury residences in one of DC’s most desirable and walkable neighborhoods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.041931
    Latitude
    38.9085453

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    FAQs

    What type of property is this?
    Hotel - Permitted project in desirable location for hospitality or residential development.
    Where is this hotel located?
    The property is located at 1324 18Th St Nw Washington, DC.
    What is the asking price?
    The asking price for this property is $10,990,000.
    What are key features of this property?
    This property features: - Fully permitted and shovel-ready project, significantly reducing development time and risk.; - Prime location just off Dupont Circle, a highly desirable and walkable neighborhood in Washington, D.C.; - Approved for a 55-unit boutique short-term rental/hotel concept, offering immediate revenue potential.
    (202) 777-2000
    Request Owner's contact information
    1324 18Th St Nw Washington, DC 20036
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    Washington, DC 20036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1324 18Th St Nw Washington, DC 20036
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