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Multifamily in Delray Beach, FL 33444Monroe, 706 NW 1st St
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OFF MARKET
Beds
1,340
SqFt$351
$/SqFtMultifamily
Built in 1930
Garden View
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: R10887871
On Site: 1228 Days
Updated: 1000 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: FruitTrees, Patio, RoomForPool
- View: Garden
Interior, Heating and Cooling
- 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
- Listing Date: 2023-05-07T22:09:31.000-00:00
Taxes, Fees & More
- Taxes: 4013
- Total Units in Building: 2
Apples-to-Apples Comparables
Price History
Current
$470K
High
$524K
Low
$470K
Total Change
-10.3%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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Scores
69
100
65
100
75
100
0
100
31
100
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
- Andover House2
- Aspen Ridge House1
- Astor Condo0
- Atlantic Gardens Delray House2
- Atlantic Grove Mixed1
- Beekman Condo0
- Bella Verde House1
- Bellview Court House0
- Breezy Acres House0
- Bristol Pointe House1
- Captain's Walk At Pelican Harbor Condo0
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- City Walk At Pineapple Grove Condo0
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- Coda Townhouse1
- Court Of Delray Condo0
- Courtyards Of Delray Townhouse0
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- Dakota House4
- Del Harbour Mixed0
- Del Raton Park House1
- Delray Beach Club Residences Condo2
- Delray Beach Heights House0
- Delray Beach No HOA House11
- Delray Harbor Club Condo2
- Delray Lakes House5
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- Domaine Delray Condo0
- Duvall Place Condo0
- Enclave At Sherwood House4
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- Gulfstream Estates Mixed0
- Hamilton Place Townhouse0
- Harbourside Condo2
- Heritage Club Townhouse1
- Hidden Lake House0
- Imperial Manor Condo0
- Inner Circle Condo0
- Kingsland House0
- Knightsbridge Of The Polo Club House0
- L'Aquila House0
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- Lakeview House1
- Lone Pine Road House0
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- Miramar Gardens Condo0
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- Mizner's Preserve House2
- Monroe House1
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- Oakmont House2
- Ocean City Lofts Condo1
- Ocean Place 2155 Condo1
- Ocean Terraces Of Delray Beach Townhouse0
- Old Palm Grove House1
- Palencia House0
- Pineapple Grove Village Mixed2
- Porta Al Mare Townhouse0
- Portofino At The Polo Club Mixed0
- Rabbit Hollowe House0
- Renaissance Village Mixed0
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- Seacrest Park Mixed2
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- Seven Bridges House14
- Sherwood Forest House1
- Silver Terrace Delray House0
- Southridge House6
- St George At Delray Beach Townhouse0
- The Bridges House11
- The Hollows At The Polo Club House0
- The Lakes At Polo Trace House3
- The Mark Downtown Condo0
- The Wedgewood Condo0
- Town Square Townhouse1
- Tropic Harbor Condo0
- Tropic Palms House12
- Verona Woods House0
- Villa D Este House1
- Villa Vizcaya House2
- Village Grande Of Delray Beach Mixed0
- Wedgwood Of The Polo Club House0
- Whispering Oaks House0
- White Columns Condo0
Downtown Delray Communities in Delray Beach, FL
Mid-Tier
Mid-Tier 1
Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
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