Monroe, 706 NW 1st St

4
Beds
2
Baths
1,340
SqFt
$351
$/SqFt
House
Built in 1930
Fruit Trees
Huge value add opportunity in Downtown Delray Beach consisting of two homes on one lot! Front house is a 3br/1ba & cottage in rear is 1br/1ba. Great opportunity to own multiple properties at the same time just one block from E Atlantic Ave. Lease terms are both MTM. Rents are way below market! Great opportunity for Airbnb or high investment income in rapid 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. Homes need updating. Tenant occupied, no interior photos. Rents way below market. Market rents for both units are around $4,400 to $4,500/month. Property is in an Opportunity Zone & located within the Delray Beach CRA district.
MLS Number: R10887867
On Site: 1228 Days
Updated: 1000 Days ago
Page Views: 0

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: 2023-05-07T21:44:24.000-00:00
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Taxes: 4013
    • Parking Description: TwoorMoreSpaces
    • Total Floors in Building: 1

    Apples-to-Apples Comparables

     Closest-Match Comparables
    See closest-match comps for this subdivision
    No obligation
    Verified
    Trends
    Insights
    Best of Luxury Realty
    Talk to a local advisor
    Licensed advisors answering your questions across Delray Beach, FL
    01
    Licensed Brokerage
    02
    Local Advisors
    03
    Direct Answers
    Exclusive real estate service partner

    Price History

    Current
    $470K
    High
    $524K
    Low
    $470K
    Total Change
    -10.3%
    $530K$497K$463KMay 23Jun 23Jun 23Sep 23Nov 23Nov 23Dec 23
    Date
    Event
    Price
    Change
    Price Per
    12/20/2023
    Price Reduced
    $470K
    -1.9%
    $351 ft2
    $3,775 m2
    11/26/2023
    Price Reduced
    $479K
    -2.04%
    $357 ft2
    $3,848 m2
    11/07/2023
    Price Reduced
    $489K
    -2%
    $365 ft2
    $3,928 m2
    09/18/2023
    Price Reduced
    $499K
    -2.92%
    $372 ft2
    $4,008 m2
    06/15/2023
    Price Reduced
    $514K
    -0.96%
    $384 ft2
    $4,129 m2
    06/07/2023
    Price Reduced
    $519K
    -0.95%
    $387 ft2
    $4,169 m2
    05/07/2023
    Listed
    $524K
     
    $391 ft2
    $4,209 m2
    12/20/2023
    $470K
    Event
    Price Reduced
    Change
    -1.9%
    Price Per
    $351 ft2
    $3,775 m2
    11/26/2023
    $479K
    Event
    Price Reduced
    Change
    -2.04%
    Price Per
    $357 ft2
    $3,848 m2
    11/07/2023
    $489K
    Event
    Price Reduced
    Change
    -2%
    Price Per
    $365 ft2
    $3,928 m2
    09/18/2023
    $499K
    Event
    Price Reduced
    Change
    -2.92%
    Price Per
    $372 ft2
    $4,008 m2
    06/15/2023
    $514K
    Event
    Price Reduced
    Change
    -0.96%
    Price Per
    $384 ft2
    $4,129 m2
    06/07/2023
    $519K
    Event
    Price Reduced
    Change
    -0.95%
    Price Per
    $387 ft2
    $4,169 m2
    05/07/2023
    $524K
    Event
    Listed
    Price Per
    $391 ft2
    $4,209 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
    MapStreet View

    Peer Listings

    Active listings from matched communities
    Results 0 of 0
    No listings found
    Try adjusting your filters or changing your location to see available listings
    Turn on listing alerts and we'll notify you
    when matching listings appear

    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