Beds4
Baths2
Sq.Ft.1,340
Year1930
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Marco Mello
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Status:
Active
Property Type:Single Family Residence
MLS #:R10887867
Sq. Feet:1,340
On Site:151 Days
Lot Size:0.15 Acres
County:Palm Beach
Downtown Delray Beach property consisting of two homes! Both homes rented to the same tenants for over a decade. Front house is a 3-br/1-ba and cottage in rear is a 1-br/1-ba. Great opportunity to own multiple properties at the same time just one block off of Atlantic Ave. Both homes have great tenants willing to stay. Lease terms are both MTM. Rents are way below market! Great opportunity for investment income in up and coming downtown location. Lots of new residential and commercial construction nearby and coming soon. Front house has newer central air unit. Rear home has window a/c units. Newer exterior painted. New kitchen flooring in rear home. Tenant occupied so no interior photos. Rents below market. Property is in an Opportunity Zone & located within the Delray Beach CRA district!
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 6/8/2023 | $524,000 | $519,000 | -1% |
| 6/16/2023 | $519,000 | $514,000 | -1% |
| 9/19/2023 | $514,000 | $499,000 | -2.9% |
Community Information
Address:706 NW 1st Street, Delray Beach, FL 33444
Geo. Area:Palm Beach 4220a; 4230b; 4360a; 4370b
County:Palm Beach
City:Delray Beach
Area:4460
Subdivision:Monroe
Zip Code:33444
Development:DOWNTOWN DELRAY BEAC
Architecture
Bedrooms:
4
Bathrooms:
2
Year Built:1930
Stories:1
Construction Materials: Frame, Wood Siding
Building Area: 1372.0
Roof: Composition, Shingle
Features / Amenities
Appliances: Electric Range, Electric Water Heater, Refrigerator
Flooring: Ceramic Tile, Tile
Furnished: Unfurnished
Exterior Features: Fruit Trees, Patio, Room For Pool
Patio And Porch: Patio
Pool: Association, Community
Parking Features: TwoorMoreSpaces
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central
Property Features
Lot Size:
0.15 Acres
Lot Dimensions:50.0 ft x 135.0 ft
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Public
Zoning:R-1-A
Directions:Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $4,013
Terms: Cash, Conventional
HOPA: No HOPA
Association Amenities: Basketball Court, Library, Pool, Tennis Court(s), Trail(s), TransportationService
Pets Allowed: Yes
Schools
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706 NW 1st Street Delray Beach, FL 33444
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Listing Information Last Updated 10/4/2023
Listing provided courtesy of Regency Realty Services.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 ©2023 BeachesMLS, Inc.
