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Multifamily in Delray Beach, FL 33444Monroe, 706 NW 1st St
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Own in Monroe?
Closed
Beds
1,340
SqFt$300
$/SqFtSold - Jan 30, 2025
Mid-Tier Multifamily
Built in 1930
Garden View
Outdoor Living Area
Handyman Special! Downtown Delray Beach consisting of two separately metered homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own two single-family homes on one property just 1 block from East Atlantic Ave. Both tenants are MTM. Rents are well below market! Front house rented at $1,550 and rear house rented at $950. Great opportunity for high rental income in rapidly growing downtown location. Also great short-term rental potential. New construction all around. Front house has newer central HVAC unit. Rear home has window a/c units. Homes needs updating. Tenant occupied. Market rents if both units rehabbed combined is ~$4,500+ per month. Property is located in an Opportunity Zone & within the Delray Beach CRA district.
MLS Number: R11045423
On Site: 667 Days
Updated: 54 Days ago
Page Views: 0
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Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea, RoomForPool
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir, WallWindowUnits
Building and Construction
- Floor Description: Carpet,Tile
- Year Built: 1930
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-12-16T17:26:24.000-00:00
Taxes, Fees & More
- Taxes: 6700
- Total Units in Building: 2
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$403K
High
$450K
Low
$403K
Total Change
-10.6%Date
Event
Price
Change
Price Per
01/30/2025
Sold
$403K
-10.56%$300 ft2
$3,233 m2
12/16/2024
Listed
$450K
$336 ft2
$3,615 m2
01/30/2025
$403K
Event
Sold
Change
-10.56%Price Per
$300 ft2
$3,233 m2
12/16/2024
$450K
Event
Listed
Price Per
$336 ft2
$3,615 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
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- High Point Of Delray 3 Condo4
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- High Point Of Delray 5 Villa4
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- Huntington Lakes 2 Mixed19
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- International Club At Villages Of Oriole Condo1
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- Lakeside Townhomes Townhouse2
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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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