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1638 NE 3rd Avenue, Delray Beach, Florida 33444

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Active For Sale
$1,250,000
  • Beds 3
  • Baths 3
  • Sq Ft 1,228 Sqft
  • Visits: 4 in 14 days

Description

Income-Producing Redevelopment Opportunity in East Delray Beach! Surrounded by newly constructed luxury properties and significant neighborhood transformation, this property presents an outstanding opportunity for builders, developers, investors, or end users seeking long-term value and future upside. The residence is currently leased through 2028 with a scheduled 3% rent increase in 2027, providing immediate cash flow while architectural plans, engineering, permitting, and future redevelopment are pursued. Whether your vision is to renovate and significantly expand the existing residence or construct a new custom estate, this property offers exceptional long-term potential.

Features

  • Swimming Pool: In Ground, Private, Salt Water
  • Heating System: Central
  • Cooling System: Central Air, Ceiling Fan(s)
  • Fence: Back Yard
  • Patio: Patio, Porch, Covered
  • Parking: Driveway

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Water Heater, Disposal, Ice Maker, Gas Range, Freezer, Water Heater, Range

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Delray Beach
  • Subdivision: PLUMOSA PARK SEC A, B AND D
  • Zipcode: 33444
  • Street: 3rd
  • Street Number: 1638
  • Street Suffix: Avenue
  • Floor Number: 0
  • Longitude: W81° 55' 54.8''
  • Latitude: N26° 28' 55.7''
  • Street Dir Prefix: NE
  • MLS Area: 4360

MLS Addon

  • Accessibility Features: No
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: Plumosa School of the Arts K-8
  • Exterior Features: Outdoor Living Area
  • Flooring: Tile
  • High School: Atlantic
  • Insurance Expense: $0
  • Interior Features: Kitchen Island, Built-in Features, Multiple En Suite Bathrooms, Storage
  • Laundry Features: Inside, Laundry Closet
  • Levels: One
  • Lot Features: 1/4 to 1/2 Acre Lot, Fruit Trees, Landscaped
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $10,228
  • Utilities: Electricity Connected, Water Connected, Sewer Connected
  • Zoning: R-1-AA (city)

Location

Listing Updated: 2026-07-14 03:07:44

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : B26049769
  • Price : $1,250,000
  • View : Lake
  • Bedrooms : 3
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 1,228 Sqft
  • Year Built : 1965
  • Lot Area : 0.26 Acre
  • Listing Status : Active
  • Days On Market : 13
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