Single Family Residence

706 NW 1ST Street # 2

Delray Beach, FL 33444

$750,000

Beds: 3
Baths: 2
Sq ft: 1,340
Year built: 1930
Price per sq ft: $560

Listing courtesy of Kyle Retamar, Sutter & Nugent LLC

About 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.

Details

Property

Type: Single Family Residence
Year built: 1930
Stories: 1
Lot size: 6,737 sq ft
Subdivision: MONROE,Town of Delray Beach
County: Palm Beach County
Faces: North
View: Other Water View

Interior

Appliances: Electric Water Heater, Electric Range, Refrigerator
Flooring: Ceramic Floor
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central
Features: No Interior Features
Furnished: Unfurnished

Exterior and parking

Exterior: Fruit Trees, Room For Pool
Patio and porch: Patio
Parking: 2 Or More Spaces
Construction: Frame, Frame With Stucco, Stucco, Wood Siding
Roof: Comp Shingle Roof, Composition Roll, Shingle

Community and fees

Pets: Yes
Annual taxes: $7,432
Terms: All Cash, Conventional, Exchange

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 1, 2026.