Delray Beach, FL 33444 706 NW 1st Street

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Presented By: Regency Realty Services
  • MLS# RX10948349
  • 01/08/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 2
  • SQFT • 1,340

Home Details

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!
Presented By: Regency Realty Services

Interior Features for 706 NW 1st Street

Bedrooms

Master Bedroom/BathNone
Total Bedrooms4

Bathrooms

Master Bedroom/BathNone
Total Bathrooms2.00

Other Interior Features

Equip/Appl IncludedRange - Electric, Refrigerator, Water Heater - Elec
FlooringCeramic Tile, Tile
Furnished Y/NUnfurnished
SqFt - Living1340.00
Total Floors/Stories1.00

General for 706 NW 1st Street

Adult 55+No Hopa
Area4460
AuctionNo
ConstructionFrame, Stucco, Woodside
CoolingCentral, Wall-Win A/C
Development NameTown of Delray Beach / Downtown Delray Beach
Exterior FeaturesFruit Tree(s), Open Patio, Room for Pool
Full Baths2
Geo AreaPB06
Geo Lat26.463189
Geo Lon-80.080526
Governing BodiesNone
HOANone
Half Baths
HeatingCentral
Interior FeaturesNone
Legal DescriptionMONROE SUB LT 21 BLK 4
Membership Fee RequiredNo
Number of Garage Spaces0.00
Parking2+ Spaces
Pets AllowedYes
PossessionAt Closing, Funding
Property TypeA
REONo
RestrictNone
RoofComp Shingle
RoomsNone
Short SaleNo
StatusActive Under Contract
SubdivisionTown of Delray Beach / Downtown Delray Beach
Tax Year2023
Taxes$7,230
Terms ConsideredCash, Conventional
TypeSingle Family Detached
UtilitiesCable, Electric, Public Sewer, Public Water
Virtual TourClick here
Year Built1930
ZoningR-1-A

Exterior for 706 NW 1st Street

Lot Dimensions50.0 ft x 135.0 ft
Private Pool Y/NNo
Storm ProtectionNone
Subdiv. AmenitiesBall Field, Basketball, Bike - Jog, Cafe/Restaurant, Courtesy Bus, Dog Park, Library, Park, Playground, Pool, Sidewalks, Soccer Field, Street Lights, Tennis
WaterfrontNo
WaterfrontNone

Additional Details

Price History

Worth Clark

Price $450,000
MLS#RX10948349
List Date 01/08/2024
Property Type Contingent
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