706 NW 1st Street, Delray Beach, Florida 33444

Map

Active For Sale

$450,000

Beds 0
Baths 0
Sq Ft 1,372 Sqft
Visits: 5 in 203 days

Call Josh Dotoli

Description

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!

Address Map

Country: US
State: FL
County: Palm Beach
City: Delray Beach
Subdivision: Town of Delray Beach / Downtown Delray Beach
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 Area: 4460

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: $7,230
Tax Year: 2023
Zoning: R-1-A

Location

Listing Updated: 2024-07-27 21:07:27

Property Type : Residential Income
Listing Type : For Sale
Listing ID : RX-10948388
Price : $450,000
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 : 202

Contact Agent

Josh Dotoli

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