$1,799,000
4 Beds
3 Baths
1,270 SqFt
0.13 Acre Lot
5,576 Sqft Lot
Status Active
Property Type Single Family Detached
Price Type
Year Built 1926
Neighborhood Palm Square
Days on Website 46

Property Map

$1,799,000 – 701 1st Street, Delray Beach, FL 33483

Street View

Courtesy of The Corcoran Group {attribution_contact}

Description

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.

Property Details and Features

Listing

  • Source: Palm Beach
  • Listing date: 2024-04-01
  • REO: No
  • Short sale?: No
  • $1,417 per square foot

Appliances & Equipment

  • None

Bathrooms

  • 3 total bathrooms
  • 3 full bathrooms

Bedrooms

  • 4 bedrooms

Building

  • 1,270 total living square feet
  • 1,302 total square feet
  • 3 units in complex
  • Built in 1926
  • Year built description: Resale
  • Square footage source: Tax Rolls
  • Frame
  • Stucco
  • None

Cooling

  • None

Floors

  • Other

Heating

  • No Heat

Home Owner’s Association

  • Homeowners association: None

Interior Features

  • Unfurnished
  • Entry Lvl Lvng Area

Location

  • County: Palm Beach
  • Subdivision: PALM SQUARE

Lot

  • 5,576 lot square feet
  • < 1/4 Acre

Primary Bedroom

  • None

Miscellaneous

  • Business name: Yes

Parking

  • Driveway
  • Unpaved

Property

  • Zoning: RM(cit
  • Waterfront: No
  • None

Roof

  • Other

Security Features

  • None

Taxes

  • Taxes: $12,023
  • Tax year: 2023
  • City/County

Utilities

  • Public Sewer
  • Public Water

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