Closed

Monroe, 706 NW 1st St #1-2, Delray Beach, FL 33444

450,000(-10.56% )
$402,500Price
1,340SqFt

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Details

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Status:
Sold
Size: 1,340 ft2 / 124 m2
Price: $300 ft2 / $3,233 m2
Type: Multi Family
Built: 1930
HOA: N/A
MLS Number: R11045423
View: Garden
On Site: 147 Days
Updated: 101 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
Bathrooms
Exterior and Lot Features
Exterior Features: FruitTrees, Patio, RoomForPool
View: Garden

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 MoragRegency Realty Services • Buyer Agency Compensation .

Instant Comparative Market Analysis

$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
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