South Florida
Closed
Monroe, 706 NW 1st St #1-2, Delray Beach, FL 33444
450,000(-10.56% )
$402,500Price
4Beds
2Baths
1,340SqFt
Save
Details
Save
Status:
Sold - Jan 30, 2025
Parking: No info
Size: 1,340 SqFt (124 m2)
Price: $300/SqFt ($3,233/m2)
Type: Single Family Home
Built: 1930
MLS Number: R11045418
On Site: 231 Days
Updated: 184 Days ago
Page Views: 0
Handyman special! Downtown delray beach consisting of two separately metered homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own two single-family homes on one property just 1 block from east atlantic ave. Both tenants are mtm. Rents are well below market! Front house rented at $1,550 and rear house rented at $950. Great opportunity for high rental income in rapidly growing downtown location. Also great short-term rental potential. New construction all around. Front house has newer central hvac unit. Rear home has window a/c units. Homes needs updating. Tenant occupied. Market rents if both units rehabbed combined is ~$4,500+ per month. Property is located in an opportunity zone & within the delray beach cra district.
Features
Bedrooms
- Bedrooms: 4
Bathrooms
- Bathrooms: 2
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: FruitTrees, Patio, RoomForPool
Interior, Heating and Cooling
- Equipment / Appliances: ElectricRange, ElectricWaterHeater, Refrigerator
- Heating Description: Central
- Cooling Description: CentralAir, WallWindowUnits
Building and Construction
- Floor Description: CeramicTile,Tile
- Year Built: 1930
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Garage: No info
- Listing Date: 2024-12-16T16:12:51.000-00:00
- Pets Allowed: Yes
Taxes, Fees & More
- Taxes: 6700
- Parking Description: TwoOrMoreSpaces
- Total Floors in Building: 1
Price History
01/30/2025
Date
Sold
Event
$402.5K
Price
-10.56%
Change Rate
$300 ft2 / $3,233 m2
Price Per
12/16/2024
Date
Listed
Event
$450K
Price
$336 ft2 / $3,615 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Matan Morag • Regency Realty Services • Buyer Agency Compensation .
Instant Comps
$200/ft²
$200/ft²
$300/ft²
$500/ft²
Unit #1-2 – Asking
$300/ft²
(+0%) from Closed Medium $/ft²
Closed Medium $/ft²
$300/ft²
Community $/Price Range (Closed) $300/ft² – $300/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
THINKING OF SELLING IN Monroe at Delray Beach?
Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.
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