Monroe, 706 NW 1st St

Own in Monroe?
4
Beds
2
Baths
1,340
SqFt
$351
$/SqFt
Mid-Tier 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: 1256 Days
Updated: 1028 Days ago
Page Views: 0
See something off? Wrong price, photos, beds, or a status that already changed.

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

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    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 Morag • Regency Realty Services • Buyer Agency Compensation .
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    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

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