Sold Sep 2, 2026
$725,000About this home
Rare opportunity to own two separately metered single-family residences on one lot just one block from vibrant East Atlantic Avenue in Downtown Delray Beach. The front home features 3 bedrooms and 1 bathroom, while the detached rear home offers 1 bedroom and 1 bathroom. Both properties are occupied by month-to-month tenants, providing immediate income with flexibility for future plans. Current rents are significantly below market value, creating excellent upside potential for increased cash flow. Surrounded by new development in one of Delray Beach's fastest-growing neighborhoods, this property is ideal for investors, redevelopment, or those seeking strong long-term appreciation. PHOTO IS AI of exterior.
Listing last checked: Listing updated:
Listed by Kyle Retamar · Sutter & Nugent LLC · MLS #B26055108
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air, Wall/Window Unit(s)
- Flooring
- Ceramic Tile
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1930
- Parking
- 4
- Roof
- Composition, Shingle
Land & utilities4 property facts
- Lot size
- 0.15 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- R-1-A (city)
Financial2 property facts
- Annual taxes
- $7,432
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,412 / monthAdjust
- Principal & interest
- $3,792
- Property tax
- $619
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,432. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$450,000 · Sold $402,500 · Dec 16, 2024
- Sld
$450,000 · Sold $402,500 · Dec 16, 2024
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Comparable properties 1 supplied
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About 706 NW 1ST Street #1-2
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