3 months on rocket

Backup Offers

706 NW 1st St, Delray Beach, FL, 33444

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
1,340 SqFt
$336/SqFt
Multi
Schools Nearby

Location

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706 NW 1st St, Delray Beach$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
Year Built1930
HeatingCentral
CoolingCentral Air, Window Unit(s)
WaterfrontNone
ViewGarden
MLS #RX-10948388
StatusAccepting Backup Offers
(Active Under Contract)

About 706 NW 1st St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,340 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Tile

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden
  • Exterior: Fruit Tree(s), Open Patio, Room for Pool

Virtual/3D Tour

  • Virtual Tour: 706 NW 1st St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Window Unit(s)

School Info

Assigned Schools Information:

  • Atlantic High School, Public Magnet Grades 9-12
  • Carver Middle School, Public Magnet Grades 6-8
  • Plumosa School of the Arts, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $336/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,201
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Delray Beach, FL.

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Delray Beach, FL

City

Med. Sold Price

$355K

Med. Price/SqFt

$266

Avg. Days On Market

63

# of Sold Homes

270

706 NW 1st St vs Delray Beach

115 DAYS ON ROCKET

+52 Days

$450,000

+$94.9K More

$336/SqFt

+$70 More

KEY TAKEAWAY

This property is $94.9K more than the Median Sold Price and $70/SqFt more than other homes in Delray Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10948388

Listing Office:

  • 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 2024 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: 5/3/2024, 12:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 21, 2017Home Sold
$150,000
Feb 08, 2011Home Sold
$27,000
Jun 21, 2004Home Sold
$150,000
Nov 20, 2003Home Sold
$100,000
Mar 10, 2003Home Sold
$79,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,201$139,344
2019$3,617$157,181
2018$3,247$142,892
2017$2,218$80,499

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5296819
5
/10

  • Plumosa School of the Arts

  • 2501 Seacrest Blvd

  • 1.86 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5296820
2
/10

  • Carver Middle School

  • 101 Barwick Rd

  • 2.00 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5296821
5
/10

  • Atlantic High School

  • 2455 W Atlantic Ave

  • 1.07 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,605. Most Delray Beach, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Palm Beach County›Delray Beach›33444›706 NW 1st St

This home is located at 706 NW 1st St in Delray Beach, FL and zip code 33444 in the Downtown Delray neighborhood. This 1,340 square foot home was built in 1930. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $450,000.

While more than 13 listings in Delray Beach, FL in April 2024 were sold above asking price, there were more than 28 listings sold at asking price, and more than 229 were sold below. Between March 2024 and April 2024, Delray Beach, FL real estate market has seen increase in the number of listings by 6.6%. The median list price of listings available in April 2024 was $355,046, while the average time on the real estate market was 63 days.

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

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