- 4
- Bedrooms
- 2/0
- Full/Half Baths
- 1,372
- SQ. Feet
- 0
- Garage
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!
Property Map
Basic Info
- Status: Active Under Contract
- Status_Change_Date: 2024-04-05
- MLS: RX-10948349
- Price: $450,000
- Bedrooms: 4
- BathsFull: 2
- PrivatePool: No
- SqFtLiving: 1340
- SqFtTotal: 1372
- Year Built: 1930
- Taxes: 7230
- Subdivision: Town of Delray Beach / Downtown Delray Beach
Property Details
- Waterfront_Desc: None
- Type: Single Family Detached
- 55+?: No Hopa
- VIRTUAL_TOUR: https://www.propertypanorama.com/706-NW-1st-Street-Delray-Beach-FL-33444/unbranded
- Property Type: A
- TaxYear: 2023
- Waterfront: No
- PetsAllowed: Yes
- DevelopmentName: Town of Delray Beach / Downtown Delray Beach
Exterior Features
- LotSqFt: 6737
- LotDimensions: 50.0 ft x 135.0 ft
- Front_Exp: North
- TotalStories: 1
- Zoning: R-1-A
Association Info
- Governing_Bodies: None
- Address: 706 NW 1st Street
- Homeowners_Assoc: None
- Membership_Equity: No
Interior Features
- LIST_1: 20240109000129276651000000
School Information
Other Information
- State: FL
- Parcel_ID: 12434617010040210
- Area: 4460
- Legal_Desc: MONROE SUB LT 21 BLK 4
- List_Number_Main: 10948349
- Geo_Area: PB06
- Street_Name: 1st
- StreetNumber: 706
- longitude: -80.080528
- County: Palm Beach
- City: Delray Beach
- latitude: 26.463188
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All real estate advertised herein is subject to the "Federal Fair Housing Act", which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
This information contained herein is deemed reliable, but not guaranteed. The Buyer is responsible for verifying all information. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated on a daily basis however some properties which appear for sale on this web site may subsequently have sold and/or may no longer be available.
This Information was updated 2024-04-05 16:04:49.
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