Florida Houses
albert smith realtor

Information 561.933.6900

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$524,000
29 Days Online

706 NW 1st Street
Delray Beach, FL 33444

For Sale|Multi-Family|Active
Subdivision:
Monroe
County:
Palm Beach
Call Now: 561-351-5096
Is this the home for you? We can help make it yours.
561-351-5096
706 NW 1st Street706 NW 1st Street706 NW 1st Street706 NW 1st Street
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Downtown Delray Beach property consisting of two homes! Both homes rented to the same tenants for over a decade. Front house is a 3-br/1-ba and cottage in rear is a 1-br/1-ba. Great opportunity to own multiple properties at the same time just one block off of Atlantic Ave. Both homes have great tenants willing to stay. Lease terms are both MTM. Rents are way below market! Great opportunity for investment income in up and coming downtown location. Lots of new residential and commercial construction nearby and coming soon. Front house has newer central air unit. Rear home has window a/c units. Newer exterior painted. New kitchen flooring in rear home. Tenant occupied so no interior photos. Rents below market. Property is in an Opportunity Zone & located within the Delray Beach CRA district!

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Listing Snapshot
Price 
$524,000
Days Online 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,340 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1930
MLS Number 
10887871
Status 
Active
Property Tax 
$4,013
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Tax Rolls
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS
4 weeks agoListing first seen online
General Features
Construction 
FrameStuccoWoodside
Lot Description 
< 1/4 Acre
Utilities 
CableElectricPublic SewerPublic Water
Interior Features
Cooling 
CentralWall-Win A/C
Heating 
Central
Flooring 
Ceramic TileTile
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Exterior Features
Pool Description 
No
Exterior 
Fruit Tree(s)Open PatioRoom for Pool
Roof 
Comp Shingle
View 
Garden
Waterfront 
No
Waterfront Details 
None
Community Features
Development Name 
DOWNTOWN DELRAY BEACH
Financing Terms Available 
CashConventional
Homeowners Assoc 
None
HOPA 
No Hopa
Listing courtesy of Regency Realty Services



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 © 2023 BeachesMLS, Inc. (a Flex MLS feed)
Last updated at: 2023-06-06 02:38 AM UTC

Neighborhood & Commute
Source: Walkscore
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