Address706 Nw 1St St, Delray Beach, FL, 33444
Price$450,000
- 4 Beds
- 2 Baths
- Multi-unit
- 1,372 SQ FT
- Built in 1930
Value add opportunity in Downtown Delray Beach consisting of two homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own multiple properties with one purchase just 1 block from E Atlantic Ave. Lease are both MTM. Rents are way below market! Front house rented at $1,550 & rear house at $950. Great opportunity to Airbnb or high rental income in rapid up coming downtown location. New residential & commercial construction nearby & coming soon. Front house has newer central air unit. Rear home has window a/c units. Newer exterior painted. Homes need updating. Tenant occupied, no interior photos. Rents way below market. Market rents if renovated for both units combined is ~$4,500/mo. Property is in Opportunity Zone & located within the Delray Beach CRA district!
Essential Information
- MLS® #RX-10948388
- Price$450,000
- HOA Fees$0
- Taxes$7,230 (2023)
- Bedrooms4
- Bathrooms2.00
- Full Baths2
- Square Footage1,372
- Acres0.15
- Price/SqFt$328 USD
- Year Built1930
- TypeMulti-Unit
- Sub-TypeDuplex
- RestrictionsNone
- StyleNo
- StatusActive Under Contract
Community Information
- Address706 Nw 1St St
- Area4460
- CityDelray Beach
- CountyPalm Beach
- StateFL
- Zip Code33444
Subdivision
Town of Delray Beach / Downtown Delray Beach
Development
Town of Delray Beach / Downtown Delray Beach
Utilities
Cable, 3-Phase Electric, Public Sewer, Public Water
Exterior Features
Fruit Tree(s), Open Patio, Room for Pool
Construction
Frame, Frame/Stucco, Woodside
Amenities
- ViewGarden
- WaterfrontNone
Interior
- HeatingCentral
- CoolingCentral, Wall-Win A/C
- # of Stories1
Exterior
- Lot DescriptionSidewalks
- RoofComp Shingle
Additional Information
- Days on Website112
- ZoningR-1-A
Listing Details
- OfficeRegency Realty Services
Price Change History for 706 Nw 1St St, Delray Beach, FL (MLS® #RX-10948388)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Status Changed from Price Change to Active | – | |
| Price Reduced from $465,000 to $450,000 | ||
| Status Changed from New to Price Change | – | |
| Price Reduced from $469,000 to $465,000 |
Similar Listings To: 706 Nw 1St St, Delray Beach
Related Pages
Related Blog Posts
- NV Realty Group Opens New Office in Delray Beach
- Delray Beach Gearing Up for Rocco's Tacos
- "Hell's Kitchen" Winner Helms Delray Beach Restaurant
- Delray Beach Craft Festival Going Strong at 21
- End of an Era in Delray Beach
- Delray Beach Wine and Seafood Festival Coming Soon
- Remembering a Miracle in Delray Beach
- Memorial Day in Delray Beach, Florida
- Top 10 Things To Do In Delray Beach
- Living in Delray Beach
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.
Listing information last updated on April 29th, 2024 at 12:17pm EDT.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.