$1,250,000Active

1638 NE 3rd Avenue, Delray Beach, FL 33444

Delray Beach, FL 33444

Beds

Baths

1,228

Sq Ft

$1,018

$/Sq Ft

1965

Year Built

0.26 acres

Lot Size

Listing Snapshot

List Price	$1,250,000
Price / Sq Ft	$1,018
Beds	3
Baths	3
Living Area	1,228 sqft
Lot Size	0.26 acres

Year Built	1965
Property Tax	$10,228.21/yr
MLS #	1176620044
Status	Active

About This Home

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.

General Features

Property Type: Residential
Sub-type: SingleFamilyResidence
Stories: 1
Direction Faces: East
Parking Spaces: 3
Parking: Driveway
Zoning: R-1-AA (city)
Utilities: ElectricityConnected,SewerConnected,WaterConnected
Subdivision: PLUMOSA PARK SEC A, B AND D

Interior Features

Appliances: Dryer,Dishwasher,ElectricWaterHeater,Freezer,Disposal,GasRange,IceMaker,Microwave,Range,Refrigerator,WaterHeater,Washer
Flooring: Tile
Heating: Central
Cooling: CentralAir,CeilingFans
Interior Features: BuiltInFeatures,KitchenIsland,MultipleEnSuiteBathrooms,Storage
Laundry: Inside,LaundryCloset