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

$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: 8/31/2026

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. PHOTO IS AI of exterior.

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

Listing Office: Sutter & Nugent LLC

Last Updated: August - 31 - 2026

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