- 1,088Living Sq. feet
- 3Bedroom
- 1Bath
- MLS®RX-11013823
- StatusActive
- $ 1,395,000
Featured
- Price
- $ 1,395,000
- Bedrooms
- 3
- Bathrooms
- 1.0
- Full baths
- 1
- Sq.Feet
- 1,088
- Year build
- 1937
- Type
- Residential
- Sub-type
- Single Family Detached
- Status
- Active
Rare opportunity in the best location in downtown Delray Beach. Charm and potential abound at this Banker's Row cottage, originally built in the late 1930's. Own a sought after piece of historically-contributing 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 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. Own a piece of history - this 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). 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.
Listing Courtesy of Compass Florida LLC
