For sale

$540,000

1025 1st St SE APT 701, Washington, DC 20003

1beds

895sqft

$4,077/mo

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Condominium

Built in 2009

-- sqft lot

$-- Zestimate^®

$603/sqft

$712/mo HOA

What's special

Ample storageSpacious bedroomOpen-concept livingContemporary kitchenIn-unit laundryExcellent closet spaceGenerous counter space

Experience Navy Yard living in this bright and modern 1-bedroom, 1-bath condo, den at Velocity Condominiums. Residence 701 offers approximately 895 square feet of open-concept living, with floor-to-ceiling windows that fill the home with natural light. The contemporary kitchen features stainless steel appliances, ample storage, and generous counter space that flows seamlessly into the living/dining area—ideal for both everyday living and entertaining. The spacious bedroom and well-appointed full bath are complemented by in-unit laundry and excellent closet space. Velocity’s amenities include a rooftop deck with a pool, fitness center, community room, children’s playroom, dog wash station, and 24-hour concierge. All of this in the heart of Navy Yard, just blocks to Metro, Nationals Park, the Anacostia waterfront, and a vibrant mix of restaurants, cafes, and retail

51 days

100

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Basement

Area: 0

Heating

Central, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater
Laundry: In Unit

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 895
Total interior livable area: 895 sqft
Finished area above ground: 895
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Basement, Garage Faces Side, Garage Door Opener, Underground, Inside Entrance, Parking Space Conveys, Assigned, Garage
Attached garage spaces: 1
Details: Assigned Parking

Accessibility

Accessibility features: Accessible Hallway(s), Accessible Elevator Installed, Accessible Approach with Ramp

Features

Levels: One
Stories: 1
Pool features: Community

Lot

Features: Urban Land-Sassafras-Chillum

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0699/N/2074
Zoning: RESIDENTIAL
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Contemporary
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick

Condition

New construction: No
Year built: 2009

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Condo and coop fee: $712 monthly
Subdivision: Navy Yard

HOA

Has HOA: No
Amenities included: Concierge, Elevator(s), Fitness Center, Pool - Rooftop
Services included: Common Area Maintenance, Custodial Services Maintenance, Maintenance Structure, Management, Pool(s), Reserve Funds, Snow Removal, Trash
HOA name: Velocity Condominiums

Location

Region: Washington

Financial & listing details

Price per square foot: $603/sqft
Tax assessed value: $537,580
Annual tax amount: $4,490
Date on market: 7/1/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional,VA Loan
Ownership: Condominium

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/15/2026	Listed for rent	$2,700$3/sqft
Source: Bright MLS #DCDC2278680 Report a problem
7/1/2026	Listed for sale	$540,000+39.9%$603/sqft
Source: Bright MLS #DCDC2269236 Report a problem
8/9/2011	Sold	$385,900$431/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,490 +0.1%	$543,890 +0.2%
2024	$4,485 +1.2%	$542,880 +1.3%
2023	$4,432 +0.6%	$536,170 +0.7%
2022	$4,407 +2.2%	$532,220 +2.2%
2021	$4,313 -0.2%	$520,700 +2.4%
2020	$4,321 +8.7%	$508,330 +8.7%
2018	$3,976 +1.7%	$467,720 +1.7%
2017	$3,908 +6.7%	$459,770 +6.7%
2016	$3,662 +3.6%	$430,860 +3.6%
2015	$3,536 +7.6%	$415,960 +7.6%
2014	$3,285	$386,480