$775,000
( $374.03Per Sq Foot )
 $4,160 est/mo Sourced by Back At You

505 Florida Ave NW,WASHINGTON, DC 20001

WASHINGTON, DC 20001

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Description

Discover a prime investment opportunity in the vibrant urban enclave of Ledroit Park. With its mixed use zoning conversion to apartments or split apartment/professional uses you have so many options. With a lot size of 0.03 acres, it offers a manageable footprint for various business ventures or redevelopment possibilities. Strategically located less than a mile from both bus and metro stations, this property guarantees excellent accessibility, attracting foot traffic and potential clientele. The urban setting is ripe for growth, making it an ideal choice for savvy investors looking to capitalize on the area's increasing demand. Parking is a breeze with on-street options and private, paved spaces available, enhancing convenience for both customers and employees. The fenced parking area adds an extra layer of security, making this property not just a purchase, but a smart investment in your financial future. Seize this chance to be part of a thriving community and watch your investment flourish!

Details

MLS #DCDC2255256
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site178
Listing Provided ByEXP Realty, LLC | Jane Ann Huelle

Features

BasementY
ZoningMU-4
Acreage0.03

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesFenced, Paved Parking, Private

Taxes

Tax Annual Amount7276

Area Information

StateDC
CountyWASHINGTON DC
CityWASHINGTON
Zip Code20001
AreaWASHINGTON DC
Community NameLEDROIT PARK
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHO
Listing VS Median (in LEDROIT PARK)
Price:
$775,000
low | high
Med:
$549,500
79.096774193548% of Average
On site:
178
low | high
Med:
110.5
100% of Average
Sourced by Back At You

Market Activity 20001

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Learn More About This Property

StateDC
CountyWASHINGTON DC
CityWASHINGTON
Zip Code20001
AreaWASHINGTON DC
Community NameLEDROIT PARK
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHO
Listing VS Median (in LEDROIT PARK)
Price:
$775,000
low | high
Med:
$549,500
79.096774193548% of Average
On site:
178
low | high
Med:
110.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $581K - $968K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
509 FLORIDA AVE NW Property Photo 1
$695,000
509 Florida Ave Nw
Washington, DC 20001
515 FLORIDA AVE NW Property Photo 1
$645,000
515 Florida Ave Nw
Washington, DC 20001
515 FLORIDA AVE NW Property Photo 1
$645,000
515 Florida Ave Nw
Washington, DC 20001
Listing Updated: October 3, 2026 at 10:33:57 AM PDT