706 NW 1ST ST #1-2, Delray Beach, FL 33444
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$ 750,000
Est. payment | /mo

3 Beds

2 Baths

1,340 SqFt


Save
$ 750,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,340 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,340 sqft

Price per Sqft $559

Subdivision Monroe

MLS Listing ID B26055108

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1930

Annual Tax Amount $7,432

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

Rare opportunity to own two separately metered single-family residences on one lot just one block from vibrant East Atlantic Avenue in Downtown Delray Beach. The front home features 3 bedrooms and 1 bathroom, while the detached rear home offers 1 bedroom and 1 bathroom. Both properties are occupied by month-to-month tenants, providing immediate income with flexibility for future plans. Current rents are significantly below market value, creating excellent upside potential for increased cash flow. Surrounded by new development in one of Delray Beach's fastest-growing neighborhoods, this property is ideal for investors, redevelopment, or those seeking strong long-term appreciation.

Location

State FL

County Palm Beach

Community Monroe

Area 4460

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile

Furnishings Unfurnished

Window Features Impact Glass

Appliance Electric Range, Electric Water Heater, Refrigerator

Exterior

Exterior Feature Fruit Trees, Patio, Room For Pool

Pool None

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

View Other, Water

Roof Type Composition,Shingle

Porch Patio

Total Parking Spaces 4

Private Pool No

Building

Lot Description <1 Acre, < 1/4 Acre

Building Description Frame,Stucco,Wood Siding, Living Area

Faces North

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Stucco,Wood Siding

Schools

High Schools Atlantic

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 12434617010040210

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Pets Allowed No Pet Restrictions

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Sutter & Nugent LLC

Schools and Properties Nearby

Joseph Green

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706 NW 1ST ST #1-2