Monroe, 706 NW 1st St

4
Beds
2
Baths
1,340
SqFt
$336
$/SqFt
House
Built in 1930
Fruit Trees
Value add opportunity in Downtown Delray Beach consisting of two homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own multiple properties with one purchase just 1 block from E Atlantic Ave. Lease are both MTM. Rents are way below market! Front house rented at $1,550 & rear house at $950. Great opportunity to Airbnb or high rental income in rapid up coming downtown location. New residential & commercial construction nearby & 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 if renovated for both units combined is ~$4,500/mo. Property is in Opportunity Zone & located within the Delray Beach CRA district!
MLS Number: R10948349
On Site: 982 Days
Updated: 748 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: 2024-01-08T18:09:01.000-00:00
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Taxes: 7230
    • Parking Description: TwoorMoreSpaces
    • Total Floors in Building: 1

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    Price History

    Current
    $450K
    High
    $469K
    Low
    $450K
    Total Change
    -4.1%
    $471K$460K$448KJan 24Jan 24Jan 24
    Date
    Event
    Price
    Change
    Price Per
    01/22/2024
    Price Reduced
    $450K
    -3.23%
    $336 ft2
    $3,615 m2
    01/15/2024
    Price Reduced
    $465K
    -0.85%
    $347 ft2
    $3,735 m2
    01/08/2024
    Listed
    $469K
     
    $350 ft2
    $3,767 m2
    01/22/2024
    $450K
    Event
    Price Reduced
    Change
    -3.23%
    Price Per
    $336 ft2
    $3,615 m2
    01/15/2024
    $465K
    Event
    Price Reduced
    Change
    -0.85%
    Price Per
    $347 ft2
    $3,735 m2
    01/08/2024
    $469K
    Event
    Listed
    Price Per
    $350 ft2
    $3,767 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