706 NW 1st Street #1-2, FL - Delray Beach
4 Beds, 2 Baths (full), Single Family Detached
Handyman Special! Downtown Delray Beach consisting of two separately metered homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own two single-family homes on one property just 1 block from East Atlantic Ave. Both tenants are MTM. Rents are well below market! Front house rented at $1,550 and rear house rented at $950. Great opportunity for high rental income in rapidly growing downtown location. Also great short-term rental potential. New construction all around. Front house has newer central HVAC unit. Rear home has window a/c units. Homes needs updating. Tenant occupied. Market rents if both units rehabbed combined is ~$4,500+ per month. Property is located in an Opportunity Zone & within the Delray Beach CRA district.
Listing Summary
- MLS® #: 11045418
- Price: $450,000
- Square Feet: 1,340
- Status: Active
- County: Palm Beach
- Subdivision: Town of Delray Beach / Downtown Delray Beach
- Development: Town of Delray Beach / Downtown Delray Beach
- Listing Date: 12-16-2024
- Property Type: Single Family Detached
- Property Type Description: Single Family Detached
- Year Built: 1930
- Taxes: 6700.00
- Tax Year: 2024
- Short Sale: No
School Information
| Elemenatry School | Middle School | High School |
Additional Features
- Waterfront: No
- Waterfront Description: None
- View:
- Pets Allowed?: Yes
- Flooring: Ceramic Tile,Tile
- Furnished: Unfurnished
- Construction: Frame,Stucco,Woodside
- Parking: 2+ Spaces
The MLS data provided for the property above (11045418) is provided 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 2025 Beaches Multiple Listing Service, Inc. Data last updated on 01-03-2025.
