Address
706 NW 1st Street, Delray Beach, FL
Price
$ 450,000
Property Attributes
- MLS#RX10948388
- TypeContingent
- CountyPALM BEACH
- CityDelray Beach
- Area4460
- NeighborhoodTown of Delray Beach - Downtown Delray Beach
- Zip33444
- StyleDuplex
- Year Built1930
- Taxes$ 7230
- Price$ 450,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1340
- Lot Size6,737 SqFt
Data Source:
Beaches MLS
Property Description
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!
| Price History | |
|---|---|
| 1/9/2024 | Listed $469,000 |
| 1/16/2024 | 1% - $465,000 |
| 1/23/2024 | 4% - $450,000 |
General Features
| Construction | Frame,Stucco,Woodside |
|---|---|
| Heating | Central |
| Cooling | Central,Wall-Win A/C |
| Utilities | Cable,Electric,Public Sewer,Public Water |
| Possession | At Closing,Funding |
| Roof | Comp Shingle |
| Exterior Features | Fruit Tree(s),Open Patio,Room for Pool |
| Zoning | R-1-A |
| HOA | None |
| Status | Active Under Contract |
| Year Built | 1930 |
| Tenant Pays | Cable,Electric,Sewer,Water |
| REO | No |
| Subdivision | Town of Delray Beach / Downtown Delray Beach |
| View | Garden |
| Stories | 1.0 |
| Type | Duplex |
| Property Type | B |
| Area | 4460 |
| Auction | No |
| Development Name | Town of Delray Beach / Downtown Delray Beach |
| Source of Expenses | Other |
| Tax Year | 2023 |
| Terms Considered | Cash,Conventional |
| Carport Spaces | 0.00 |
| Short Sale | No |
| Restrict | None |
| Taxes | 7230.00 |
| Geo Lat | 26.463189 |
| Adult 55+ | No Hopa |
| HOA/POA/COA (Monthly) | 0.00 |
| Virtual Tour | https://www.propertypanorama.com/706-NW-1st-Street-Delray-Beach-FL-33444--RX-10948388/unbranded |
| Geo Area | PB06 |
| Geo Lon | -80.080526 |
| Legal Description | MONROE SUB LT 21 BLK 4 |
Interior Features
| Flooring | Ceramic Tile,Tile |
|---|---|
| Total # of Units | 2 |
| Unit 1 Desc | A/C Unit,Electric Meter,Kitchen,Range - Electric,Refrigerator |
| Unit 2 Desc | A/C Unit,Electric Meter,Kitchen,Range - Electric,Refrigerator |
| SqFt - Living | 1340.00 |
Exterior Features
| Lot Description | Sidewalks |
|---|---|
| Waterfront | No |
| Waterfront | None |
| Private Pool Y/N | No |
| Lot Dimensions | 50.0 ft x 135.0 ft |
| Unit 1 Parking | Space Parking |
| Unit 2 Parking | Space Parking |
| Subdiv Amenities | Basketball,Bike - Jog,Cafe/Restaurant,Library,Park,Pool,Tennis |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 33444
Price
Taxes
Visits
Year Built
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Data Last Updated: May 16, 2024 6:52 AM UTC
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
