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505 Florida Ave
For Sale $825,000
$825,000
- Units
- Unknown Sq Ft
- 1,307 Sq Ft
- Unknown Cap Rate
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $825,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3093//0802 |
| MLS # | DCDC2255256 |
| Property ID | 320531031 |
| Lot Sqft | 1,307 |
| Zoning | MU-4 |
| Days on Market | 26 |
| Original List Price | Unknown |
| Date Updated | April 11, 2026 |
| Date Created | April 09, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jane Ann Huelle an agent of . Lic #SP98379360
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Data last updated: May 05, 2026.
Robert Crawford
REAL ESTATE AGENT