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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
$/SqFtMid-Tier Multifamily
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: 1010 Days
Updated: 776 Days ago
Page Views: 0
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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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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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Other Delray Beach, FL Homes & Condos Price Range Segments
Entry-Level
Entry-Level143
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- High Point Of Delray 5 Villa4
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- Huntington Lakes 2 Mixed19
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Premium56
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Ultra Luxury
Ultra Luxury45
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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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$450K - $79M
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