706 NW 1st Street, Delray Beach, Florida 33444

Map

Active For Sale

$469,900

Beds 0
Baths 0
Sq Ft 1,372 Sqft
Visits: 8 in 449 days

Call Josh Dotoli

Description

Huge value add opportunity in Downtown Delray Beach consisting of two homes on one lot! Front house is a 3br/1ba & cottage in rear is 1br/1ba. Great opportunity to own multiple properties at the same time just one block from E Atlantic Ave. Lease terms are both MTM. Rents are way below market! Great opportunity for Airbnb or high investment income in rapid 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. Homes need updating. Tenant occupied, no interior photos. Rents way below market. Market rents for both units are around $4,400 to $4,500/month. Property is in an Opportunity Zone & located within the Delray Beach CRA district.

Address Map

Country: US
State: FL
County: Palm Beach
City: Delray Beach
Subdivision: MONROE
Zipcode: 33444
Street: 1st
Street Number: 706
Street Suffix: Street
Floor Number: 0
Longitude: W81° 55′ 10.1”
Latitude: N26° 27′ 47.5”
Directions: Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.
Street Dir Prefix: NW

MLS Addon

Association Fee: $0
Close Price: $0
Development Status: New Construction
Garage Spaces: 0
Insurance Expense: $0
Lot Size Dimensions: 50.0 ft x 135.0 ft
New Taxes Expense: $0
Stories Total: 0
Tax Annual Amount: $4,013
Tax Year: 2022
Zoning: R-1-A

Location

Listing Updated: 2023-12-22 04:28:49

Property Type : Residential Income
Listing Type : For Sale
Listing ID : RX-10887871
Price : $469,900
View : Garden
Bedrooms : 0
Bathrooms : 0
Full Bathrooms : 0
Half Bathrooms : 0
Square Footage : 1,372 Sqft
Year Built : 1930
Lot Area : 0 Acre
Listing Status : Active
Days On Market : 448

Contact Agent

Josh Dotoli

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