706 NW 1st Street


Delray Beach, FL 33444

Property Details

Downtown Delray Beach property consisting of two homes! Both homes rented to the same tenants for over a decade. Front house is a 3-br/1-ba and cottage in rear is a 1-br/1-ba. Great opportunity to own multiple properties at the same time just one block off of Atlantic Ave. Both homes have great tenants willing to stay. Lease terms are both MTM. Rents are way below market! Great opportunity for investment income in up and coming downtown location. Lots of new residential and commercial construction nearby and coming soon. Front house has newer central air unit. Rear home has window a/c units. Newer exterior painted. New kitchen flooring in rear home. Tenant occupied so no interior photos. Rents below market. Property is in an Opportunity Zone & located within the Delray Beach CRA district!
May 7, 2023
50.0 ft x 135.0 ft
93 years
Last Updated: Sep 21, 2023
Central Air
Brokered By Regency Realty Services
Listed By Matan Morag


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

Beaches MLS

This information is believed to be accurate, but without warranty.