701 1st Street Delray Beach, FL 33483

4 Beds
3 Baths
1,270 Sqft
5,576 Sqft lot
0.13 Acre lot
Status: Active
Property Type: Single Family Detached
Year Built: 1926
Neighborhood: Palm Square
Days on Website: 28

Courtesy of The Corcoran Group

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.

Open House

Property Details and Features

  • None
  • Source: Palm Beach
  • Listing date: 2024-04-01
  • REO: No
  • Short sale?: No
  • $1,417 per square foot
  • None
  • 3 total bathrooms
  • 3 full bathrooms
  • 4 bedrooms
  • 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
  • None
  • Other
  • No Heat
  • Homeowners association: None
  • Unfurnished
  • Entry Lvl Lvng Area
  • County: Palm Beach
  • Subdivision: PALM SQUARE
  • 5,576 lot square feet
  • < 1/4 Acre
  • Business name: Yes
  • Driveway
  • Unpaved
  • Zoning: RM(cit
  • Waterfront: No
  • None
  • Other
  • None
  • Taxes: $12,023
  • Tax year: 2023
  • City/County
  • Public Sewer
  • Public Water