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Multifamily in Delray Beach, FL 33444Monroe, 706 NW 1st St
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OFF MARKET
Beds
1,340
SqFt$336
$/SqFtMultifamily
Built in 1930
Garden View
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: R10948388
On Site: 982 Days
Updated: 748 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: 2024-01-08T21:36:37.000-00:00
Taxes, Fees & More
- Taxes: 7230
- Total Units in Building: 2
Apples-to-Apples Comparables
Price History
Current
$450K
High
$469K
Low
$450K
Total Change
-4.1%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 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
- Carver Memorial Park House0
- Casa Grande House0
- City Walk At Pineapple Grove Condo0
- Coastal House Condo2
- Coda Townhouse1
- Court Of Delray Condo0
- Courtyards Of Delray Townhouse0
- Crystal Bay At The Polo Club House0
- 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
- Delray Lakes Estates House1
- Delray Manor House1
- Domaine Delray Condo0
- Duvall Place Condo0
- Enclave At Sherwood House4
- Franwood Pines House2
- Golf Club Estates House2
- Grande Orchid Estates House2
- 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
- La Hacienda Delray House4
- Lakeview House1
- Lone Pine Road House0
- Lyndon Arms Condo0
- Mallory Square Townhouse1
- Marinello Estates Townhouse0
- Miramar Gardens Condo0
- Mizner Country Club House6
- Mizner's Preserve House2
- Monroe House1
- Monteverde House1
- Northridge House3
- 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
- Ridgewood Heights House0
- Rio Poco House0
- Royal Atlantic In Delray Beach Condo0
- San Sebastian Townhouse1
- Seacrest House1
- Seacrest Park Mixed2
- Seagate Country Club At The Hamlet House13
- 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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