$5,344

closing credit¹

706 NW 1st St Unit 1-2 Delray Beach, FL 33444

$450,000
1,340 sqft
$336 / sqft
Multi-Family

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.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air, Window Unit(s)
Size1,340 sqft
Year built1930
MLS #RX-11045423
ViewGarden

Virtual tour

Summary

  • MLS Number: RX-11045423
  • Office Name: Regency Realty Services
  • Office Phone: (561) 394-4600
  • Listing Agent: Matan Morag

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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exterior entry at dusk with a yard

$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.

All data from GreatSchools

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.

How much money do the neighbors make?

58%
<35k
34%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
25%
Single, with Kids
13%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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