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!
Disclaimer / Sources: MLS® local resources application developed and powered by Real Estate Webmasters - Neighborhood data provided by Onboard Informatics © 2024 - Mapping Technologies powered by Google Maps™
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Status Changed from Price Change to Active | – | |
| Price Reduced from $465,000 to $450,000 | $15,000 (3.23%) | |
| Status Changed from New to Price Change | – | |
| Price Reduced from $469,000 to $465,000 | $4,000 (0.85%) |
Town of Delray Beach / Downtown Delray Beach
Regency Realty Services
Property Listing Summary: Located in the subdivision, 706 Nw 1st St, Delray Beach, FL is a Residential property for sale in Delray Beach, FL 33444, listed at $450,000. As of May 15, 2024 listing information about 706 Nw 1st St, Delray Beach, FL indicates the property features 4 beds, 2 baths, and has approximately 1,340 square feet of living space, with a lot size of 0.15 acres, and was originally constructed in 1930. The current price per square foot is $336.
A comparable listing at 901 Sw 2nd Av, Delray Beach, FL in Delray Beach is priced for sale at $449,000. Another comparable property, 901 Sw 2nd Av, Delray Beach, FL is for sale at $449,000.
To schedule a private showing of MLS# RX-10948349 at 706 Nw 1st St, Delray Beach, FL in , please contact your Delray Beach real estate agent at (561) 951-9301.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.
Listing information last updated on May 15th, 2024 at 1:45am EDT.
