706 NW 1ST Street Unit 1-2, Delray Beach, FL 33444

$750,000
: 3
BD
: 2
BA
: 1,340
SqFt

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List Price: $750,000
Listing Price: $750,000
Days on Market: 53
MLS#: B26055108
Bedrooms: 3
Bathrooms: 2
Living Sq. Ft: 1,340
Approx. Lot Size: 50.0 ft x 135.0 ft
Property Class: Single Family Residential
Elementary School: Plumosa School of the Arts K-8
High School: Atlantic
Status: ACTIVE
County: Palm Beach
Region: 4460
Development: PB06
Subdivision: Monroe

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Property Description

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.