Monroe, 706 NW 1st St #1-2

4
Beds
2
Baths
1,340
SqFt
$300
$/SqFt
Sold - Jan 30, 2025
Mid-Tier House
Built in 1930
Outdoor Living Area
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.
MLS Number: R11045418
On Site: 639 Days
Updated: 27 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: OutdoorLivingArea, RoomForPool
Interior, Heating and Cooling
  • Interior Features: None
  • Equipment / Appliances: ElectricRange, ElectricWaterHeater, Refrigerator, WaterHeater
  • Heating Description: Central
  • Cooling Description: CentralAir, WallWindowUnits
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 1930
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-12-16T17:12:51.000-00:00
    • Directions: North
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Taxes: 6700
    • Total Floors in Building: 1

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    Price History

    Current
    $403K
    High
    $450K
    Low
    $403K
    Total Change
    -10.6%
    $456K$426K$397KDec 24Jan 25
    Date
    Event
    Price
    Change
    Price Per
    01/30/2025
    Sold
    $403K
    -10.56%
    $300 ft2
    $3,233 m2
    12/16/2024
    Listed
    $450K
     
    $336 ft2
    $3,615 m2
    01/30/2025
    $403K
    Event
    Sold
    Change
    -10.56%
    Price Per
    $300 ft2
    $3,233 m2
    12/16/2024
    $450K
    Event
    Listed
    Price Per
    $336 ft2
    $3,615 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Matan MoragRegency Realty Services • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Somewhat Walkable. Some errands can be accomplished on foot
    69

    100
    Bike Score®
    Bikeable. Some bike infrastructure
    65

    100
    Sound Score®
    Bearable noise
    75

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    31

    100
    Local Score
    Limited local amenities nearby
    2

    100
    Community Snapshot
    3 – 3 BR
    Bedrooms
    $750K – $750K
    Price Tier
    1,032 - 1,489
    SqFt Range
    1930
    Year Build
    1
    Total Floors

    Subdivision Amenities

    Dog Park
    Library
    None
    Park
    Playground
    Pool
    Restaurant
    Sidewalks
    Sports Fields
    Transportation Service

    Delray Beach
    Mid-Tier
    Mid-Tier Homes & Condos

    Downtown Delray Communities in Delray Beach, FL