701 SE 1st St, Delray Beach, FL, 33483

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701 SE 1st St, Delray Beach$1,750,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway, Unpaved

Year Built1926

HeatingNone

CoolingNone

WaterfrontNone

MLS #RX-10974144

StatusActive

About 701 SE 1st St

THE VINTAGE AND HISTORICALLY IMPORTANT 'LAWRENCE' TRIPLEX - IN DELRAY BEACH'S FIRST NATIONALLY HISTORIC DESIGNATED MARINA DISTRICT, IS ZONED RM OR MULTI-FAMILY, PRESENTING AN EXCELLENT INVESTMENT OPPORTUNITY, WITH A 10-YEAR TAX ABATEMENT INCENTIVE AVAILABLE TO A PURCHASER WHO BUYS IN THE HISTORIC DISTRICT AND MAKES IMPROVEMENTS ON THEIR PROPERTY, A GREAT LOCATION 1 BLK OFF ATLANTIC, NEAR THE CITY MARINA, AND IN WALKING DISTANCE TO THE LEGENDARY DELRAY BEACHES. ROGER COPE, THE ACCLAIMED, AWARD-WINNING, DELRAY ARCHITECT WHO SPECIALIZES IN HISTORIC PRESERVATION PROJECTS, IS IN THE PROCESS OF RE-IMAGINING THE LUSTER AND GRANDEUR OF THIS RARE AND HISTORIC GEM. THESE CONCEPT POSSIBILITIES TO INCLUDE A FULL BASEMENT, 2-CAR GARAGE, MASTER SUITE, 2ND STORY ADDITION, AND CUSTOM POOL DESIGN.

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Property Details

Property Features

Property Information:

• Year Built: 1926
• Stories: 1
• Living Area: 1,270 SqFt

Listing Office:

• Office Name: The Corcoran Group
• Office Phone: (561) 278-0433
• Listing Agent: Beverly Gayle Clark

Interior Features

Interior Information:

• Appliances: None
• Flooring Type: Other
• Interior: Entry Lvl Lvng Area

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None

Parking Information:

• Parking: Driveway, Unpaved

Utilities

Utilities Information:

• Heating: None
• Cooling: None

Other

Directions Information:

• Directions: From A1A, Atlantic Ave west to SE 7th Avenue -turn left, home is on the corner of SE 7th and SE 1s Street

Price Information

Listing Price Info

Price Summary:

• List Price: $1,750,000
• Price Per SqFt: $1,378/SqFt

Tax Information:

• Annual Amount: $9,918
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Delray Beach, FL.

Delray Beach, FL

City

Med. Sold Price

$373.7K

Med. Price/SqFt

$276

Avg. Days On Market

66

# of Sold Homes

184

701 SE 1st St vs Delray Beach

226 DAYS ON ROCKET

+160 Days

$1,750,000

+$1.3M More

$1,378/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $1.1K/SqFt more than other homes in Delray Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10974144

Listing Office:

• Office Name: The Corcoran Group
• Office Phone: (561) 278-0433
• Listing Agent: Beverly Gayle Clark

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Apr 26, 2016	Apr 26, 2016Home Sold	$576,000
Jan 11, 2002	Jan 11, 2002Home Sold	$365,000
Apr 06, 2000	Apr 06, 2000Home Sold	$316,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$9,918	$513,721
2019	$9,614	$493,254
2018	$9,410	$492,794
2017	$9,134	$471,006

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Palm Beach County›Delray Beach›33483›701 SE 1st St

This home is located at 701 SE 1st St in Delray Beach, FL and zip code 33483 in the Marina Historic District neighborhood. This 1,270 square foot home was built in 1926. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $1,750,000.

In October 2024 more than 4 listings in Delray Beach, FL were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 167 were sold below. The inventory of homes for sale in Delray Beach, FL between September 2024 and October 2024 increased by 12.1%. In October 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $373,751.

From Rocket Homes Real Estate and based on county public records data.