Daisy S D Higgins, Listing Office: Atlantic Florida Properties Inc
$5,344
closing credit¹
706 NW 1st St Unit 1-2 Delray Beach, FL 33444
Property details
About 706 NW 1st St Unit 1-2
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.
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Summary
- MLS Number: RX-11045423
- Office Name: Regency Realty Services
- Office Phone: (561) 394-4600
- Listing Agent: Matan Morag
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Last updated on: 1/19/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
706 NW 1st St Unit 1-2
$5,344
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
S. D. Spady Elementary School
Public Magnet PK-5
0.4 mi
•901 NW 3rd St
7
Pine Grove Elementary School
Public District EE-5
1.2 mi
•400 SW 10th St
7
Banyan Creek Elementary School
Public Magnet PK-5
2.4 mi
•4243 Sabal Lakes Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,605. Residents of Delray Beach, FL typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 706 NW 1st St Unit 1-2 in Delray Beach, FL and zip code 33444 in the Downtown Delray neighborhood. This 1,340 square foot home was built in 1930. Features: 0 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $450,000.
Over 8 listings were sold over their listed price in December 2024 in Delray Beach, FL. In the same period over 135 listings were sold below the listed price and 20 listings were sold for the listed price. The number of homes for sale in Delray Beach, FL increased by 5.8% between November and December 2024. In December 2024 median list price was $380,335 and the average listing age was 68 days.