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sales rep | Brivity IDX

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505 Florida Ave NW , Washington, DC 20001
$775,000
Est. Payment: $4,299.95/mo
2072 Sqft
0.03 Acres
Status: active | Days on site: 204
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EXXPR1 - 3222641
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House 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!

Highlights

Listed by Jane Ann Huelle , 7039277894 EXP Realty, LLC , 8333357433. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.03

Year Built

1900

County

Washington

Neighborhood

Ledroit Park

School District

District Of Columbia Public Schools

Listing ID

DCDC2255256

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:2
Zoning:MU-4
Sewer:Public Sewer
Parking Features:Fenced,Paved Parking,Private,On Street,2+ Spaces,1+ Spaces
Principal Interest
$4,300
Taxes
$606

Home Price

$775,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$155,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,299.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,299.95 $606.33 $0.00 $4,906.28
Yearly $51,599.37 $7,276.00 $0.00 $58,875.37
Total $1,547,981.03 $218,280.00 $0.00 $1,766,261.03
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS