Property summary
This vacant, two-unit apartment building at 1017 Florida Avenue NE, Washington, DC 20002, presents a compelling redevelopment opportunity. The 2,613 square foot property, built in 1920, sits on a 0.03-acre lot (APN 15992475) and is zoned RF-1. Approved plans are in place for conversion into a stunning two-unit condominium, featuring a three-bedroom, three-bathroom penthouse unit with a rooftop deck, and a spacious two-bedroom, 2.5-bathroom lower unit. This prime location near the H Street… Corridor and NoMa/Union Market offers significant potential for appreciation. The current asking price is $735,000, with an estimated after repair value (ARV) of approximately $1.6 million. Infrastructure upgrades are currently underway on Florida Avenue, further enhancing the property's future value. This is an exceptional chance to capitalize on a burgeoning neighborhood and create a high-value asset. The property is currently vacant, allowing for immediate commencement of the redevelopment project. This presents a unique opportunity for investors seeking a high-return project in a rapidly appreciating area of Washington, D.C.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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