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

New Listing
$750,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,372 Status: Active
Current Price: $750,000 List Date: 7/22/2026 Last Modified: 7/22/2026

Overview

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.

Listing Details MLS# B26055108

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1372
Building Area Source
Public Records
Living Area Main
1340
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1930
Parking Total
4
Gated Community YN
No
Lot Size Area
6737
Lot Size Acres
0.15
Lot Size Dimensions
50.0 ft x 135.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
North
Fireplace YN
No
Pool Private YN
No
Furnished
Unfurnished
LP/Assessed Value
2

Property Features

Electric: Three Phase Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Property Condition: Resale Special Listing Conditions: Standard Appliances: Electric Range; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Construction Materials: Frame; Stucco; Wood Siding Cooling: Central Air; Wall/Window Unit(s) Heating: Central Interior Features: None Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Fruit Tree(s); Room for Pool Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Storm Protection Details: None Structure Type: House Tax Information: City/County Utilities: Cable Connected; Electricity Connected; Phone Connected; Sewer Connected; Water Connected View: Other Water Access: None Water Source: Public Showing Requirements: Occupied; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
750000
Negotiable Seller Concessions YN
Yes
Occupant Type
Tenant
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
706
Street Direction Prefix
NW
Street Name
1ST
Street Suffix
Street
Unit Number
1-2
City Name
Delray Beach
Municipality Type
Incorporated
Municipal Code
12
State Or Province
FL
Postal Code
33444
Postal Code +4
2640
Postal Zip
33444
Subdivision Name
MONROE
Development Name
Town of Delray Beach / Downtown Delray Beach
Area
4460
Geographic Area
PB06
Elementary School
Plumosa School of the Arts K-8
High School
Atlantic
Special Assessment YN
No
Parcel Number
12434617010040210
Subdivision Number
Yes
Zoning
R-1-A (city)
Flood Zone
X

Financial Information

Master Association YN
No
Membership Fee Required YN
No
Tax Annual Amount
7432.44
Tax Year
2025
Tax Assessed/SOH Value
374887
Tax Legal Description
MONROE SUB LT 21 BLK 4
Assessor Market Value
374887
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-07-22T12:22:25Z
Major Change Type
New Listing
Status Change Date
2026-07-22

More Information

Entry Information

Entry Level
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes
Okay To Lease
Yes
Short Term Rentals Allowed
Yes

Parking Information

Open Parking Spaces
4

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
4

Other Area Details

Living Area Other Structures
460
Building Area Other Structures
492
Adjusted Area Other Structures
474

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Storm Protection

Impact Glass
Complete

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
559.7

Originating Details

Originating System Key
20260720170605036186000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Standard
Yes

Structure Type

House
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Phone Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Other
Yes

Heating

Central
Yes

Water Access

None
Yes

Appliances

Electric Range
Yes
Refrigerator
Yes
Water Heater
Yes

Construction Materials

Frame
Yes
Stucco
Yes
Wood Siding
Yes

Interior Features

None
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Fruit Tree(s)
Yes
Room for Pool
Yes

Roof

Composition
Yes
Shingle
Yes

Water Source

Public
Yes

Water Heater Details

Electric Water Heater
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Occupied
Yes
Text Listing Agent
Yes

Master Bedroom/Bath

None
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

No Restrictions
Yes

Storm Protection Details

None
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Open
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Less Than 1 Acre Lot
Yes

Room Information

Room Name Length Width Level
Living Room 1.00 1.00 Main
Kitchen 1.00 1.00 Main
Master Bedroom 1.00 1.00 Main
IDX
Listing Office: Sutter & Nugent LLC
Last Updated: July - 22 - 2026
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