706 NW 1st Street Unit 1-2
Delray Beach, FL 33444
- 4 beds
- 2 baths
- 1,340 sqft
- $335 per sqft
- 1930 build
- – on site
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.
Last checked:
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Last updated Dec 17, 2024
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MLS# RX-11045418 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1930
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Unit #:1-2
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Roof:Comp Shingle
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Construction:Frame, Stucco, Woodside
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SqFt Total:1372
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SqFt Source:Tax Rolls
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Exterior Features:Fruit Tree(s), Open Patio, Room for Pool
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Stories:1
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Front Exposure:North
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Storm Protection:None
Interior
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Interior Features:None
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Flooring:Ceramic Tile, Tile
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Furnished:No
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SqFt Living:1340
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Rooms:None
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Master Bedroom/Bath:None
Financial & Terms
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Terms Considered:Cash, Conventional
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Short Sale:No
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Possession:At Closing, Funding
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HOPA:No Hopa
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Price Per SqFt:$335.82
Location
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Directions:Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.
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Area:4460
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Latitude:26.463189
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Longitude:-80.080526
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Geographic Area:PB06
The Property
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Type:Single Family Detached
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Parcel ID:12434617010040210
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Zoning:R-1-A
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Lot SqFt:6,737 Sqft
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Lot Dimensions:50.0 ft x 135.0 ft
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Waterfront:None
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (561) 706-0095
- Office phone:
- (561) 394-4600
Taxes
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Taxes:$6,700
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Taxes:City/County
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Tax Year:2024
Beds
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Total Bedrooms:4
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Main Level Bedrooms:4
Baths
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Total Baths:2
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Main Level Baths:2
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Full Baths:2
The Listing
Heating & Cooling
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Cooling:Central, Wall-Win A/C
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Heating:Central
Utilities
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Utilities:Cable, Electric, Public Sewer, Public Water
Appliances
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Appliances Included:Range - Electric, Refrigerator, Water Heater - Electric
The Community
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Development Name:Town of Delray Beach / Downtown Delray Beach
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Subdivision:Town of Delray Beach / Downtown Delray Beach
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Subdivision Amenities:Ball Field, Basketball, Bike - Jog, Cafe/Restaurant, Courtesy Bus, Dog Park, Library, Park, Playground, Pool, Sidewalks, Soccer Field, Street Lights, Tennis
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Restrictions:None
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Pets Allowed:Yes
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Pets on Premises:No
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Pet Restrictions:No Restrictions
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Governing Bodies:None
Parking
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Parking:2+ Spaces
Monthly cost estimate
Asking price
$450,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,409
|
| Taxes | $558 |
| Insurance | $123 |
| Utilities | $172 See report |
| Total | $3,262/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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12/16/24
Dec 16, 2024
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Listed / Active | BMLS | $450,000 | 9.8% (3.6% / YR) |
|
7/1/24
Jul 1, 2024
|
Listed / Active | BMLS | ||
|
4/5/24
Apr 5, 2024
|
Sold Subject To Contingencies | BMLS |
