$1,690,000
$109K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

701 SE 1st St Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated payment $9,927/month

Total Views 15,531
3 Beds
2 Baths
1,270 Sq Ft
$1,331 Price per Sq Ft

Highlights

  • No Heating
  • 1-Story Property
  • 3-minute walk to Veterans Park

About This Home

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.

Listing Agent

Beverly Clark

The Corcoran Group License #3075913 Listed on: 04/01/2024

The Corcoran Group

Co-Listing Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,023

Year Built

  • Built in 1926

Lot Details

  • 5,576 Sq Ft Lot
  • Property is zoned RM(cit

Home Design

  • Frame Construction

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • No Heating

Community Details

  • Palm Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616340000260

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,023

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From A1A, Atlantic Ave west to SE 7th Avenue -turn left, home is on the corner of SE 7th and SE 1s Street
  • Year Built: 1926
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other
  • Living Area: 1270.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616340000260
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5576.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12023.0

Multi Family

  • Number Of Units In Community: 3

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,992 $532,552 -- --
2023 $12,023 $501,420 $0 $0
2022 $10,329 $472,615 $0 $0
2021 $8,921 $511,966 $348,000 $163,966
2020 $9,918 $513,721 $0 $0
2019 $9,614 $493,254 $0 $0
2018 $9,410 $495,110 $0 $0
2017 $9,134 $471,006 $361,973 $109,033
2016 $8,485 $330,503 $0 $0
2015 $7,890 $300,457 $0 $0
2014 $7,411 $273,143 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 Price Changed $1,690,000 -3.4% $1,331 / Sq Ft
03/12/2025 03/12/25 For Sale $1,750,000 0.0% $1,378 / Sq Ft
03/05/2025 03/05/25 Off Market $1,750,000 -- --
08/28/2024 08/28/24 Price Changed $1,750,000 -2.7% $1,378 / Sq Ft
04/02/2024 04/02/24 For Sale $1,799,000 +212.3% $1,417 / Sq Ft
04/15/2016 04/15/16 Sold $576,000 -3.8% $454 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $599,000 -- $472 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $576,000 Independence Title Ins Agenc
Warranty Deed $365,000 --
Warranty Deed $316,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $440,000 Unknown
Previous Owner $292,000 No Value Available
Previous Owner $47,400 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R10974144

BeachesMLS

APN: 12-43-46-16-34-000-0260

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

701 SE 1st St, Delray Beach, FL

This home is located at 701 SE 1st St, Delray Beach, FL 33483 and is currently priced at $1,690,000, approximately $1,330 per square foot. This property was built in 1926. 701 SE 1st St is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Beverly Clark
Section Image
The Corcoran Group
(561) 489-8266