621 Florida Ave NW Washington, DC 20001

Listing details for 621 Florida Ave NW, Washington, DC 20001 : REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Wednesday, March 23, 2022 Live On Site Auction - Friday, March 25, 2022 at 12:00 noon. List price is opening bid only. 621 Florida Avenue NW is located in the Ledroit Park neighborhood in Northwest Washington, D.C. To the immediate south is the Shaw neighborhood. Howard University and Howard University Hospital are immediately north. Ledroit Park is an historic community, named on the National Register in 1974, with impressive architecture and an exceedingly convenient location. The area has a robust, storied history dating back approximately 150 years, and has seen an impressive amount of development over the most recent decade. The property itself spent approximately 80 years as the home of Hall Brother's Funeral Home. The auction affords an opportunity to purchase a large structure with permissive zoning in a rapidly developing area. Options for redevelopment abound, and include apartments, commercial use and a variety of mixed-use options. The property is also within a Federally designated Opportunity Zone, providing tax incentives for investors and developers.