$1,500,000
For Sale

211 NE 1st Avenue

Delray Beach, FL 33444
1088 sqft | 3 beds | 1 bath | #RX-11013823
Browse 40 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Charm and potential abound at this Banker's Row cottage, originally built in the late 1930's. Own a sought after piece of Delray Beach History on coveted NE 1st Avenue, which consists of just 3 blocks North of Old School Square and South of Lake Ida, a block East of Swinton.
The home was designed by Harold Steward, associate partner of Miami-based architect Phineas Paist. Steward was also the chief architect for the South District of the Federal Housing Authority (FHA). These Banker's Row cottages were the first FHA-insured projects in S. Florida. In 1939, 211 NE 1st Avenue was first sold to C.F. Etheridge, the manager of the Lovett's Grocery store in Delray Beach. The existing cottage is sited towards the front of the 7,300+ sqft lot. An abundance of mature trees offer natural beauty. This positioning on the lot provides a large rear garden that is free of structures, so the next owner can freely expand the homes footprint if they choose. A number of renovation options are available, although knocking the home down is not one of them. A similar front facade must be restored and maintained - Delray Beach Historic Preservation Design Guidelines must be followed. The home features an electronic front gate with a driveway off of Northeast 1st, which is rare and valuable.
This is an exciting opportunity for the buyer that wants to breathe new life into a historic property and live in the heart of downtown. Walk to it all while living on one of Delray's best downtown streets.

  • Interior Details
      • InteriorCtdrl/Vault Ceilings
    • Heating & Cooling
      • CoolingCentral, Electric
      • HeatingElectric, Central
    • Beds & Baths
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
    • Measurements
      • Square Feet1088
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1937
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionOld School Square Historic Arts District
    • Location
      • Elementary SchoolPlumosa School of the Arts
      • Middle SchoolCarver Middle School
      • High SchoolAtlantic High School
      • CountyPalm Beach
      • ZoningOSSHAD
  • Financial Details
      • Original List Price$1,750,000
      • Taxes Annual$6,758
  • Other
      • MLS #RX-11013823

Location

Martyna MialkaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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