FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$2,100,000Active

1601 NE 3RD Avenue, Delray Beach, FL

Delray Beach, FL
0
Sq Ft
1974
Year Built
0.29 acres
Lot Size

Listing Snapshot

List Price$2,100,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.29 acres
Year Built1974
Property Tax$11,290.53/yr
HOA / Condo Fee$0
MLS #1188167952
StatusActive

About This Home

Exceptional investment and redevelopment opportunity in a prime East Delray Beach location, just minutes from Atlantic Avenue, the beach, dining, shopping and entertainment, also with convenient access to Downtown Boynton Beach. Currently configured as a six-unit multifamily property, each residence offers 2 bedrooms, 1 bathroom and approximately 780 square feet each. Renovate and reposition the existing units as an income-producing asset, or explore the potential for redevelopment into a single-family residence or alternative use, such as a wellness-oriented concept, subject to zoning and municipal approvals. With multiple possibilities and an irreplaceable location, this is a rare opportunity to bring a new vision to one of South Florida's most desirable coastal areas.

General Features

Property Type
CommercialSale
Sub-type
MultiFamily
Stories
2
Parking Spaces
12
Zoning
R-1-A (city)
Security
None
Utilities
CableAvailable,ElectricityConnected,SewerConnected

Interior Features

Heating
Central,Electric
Cooling
CentralAir,Electric

Exterior Features

Construction
Block
Roof
Composition
Lot Features
QuarterToHalfAcreLot

Community Features

Association Dues
$0
MLS Area
4360

Map

Virtual Tour

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Listed by Abbey Adair · Century 21 Realty Professionals
MLS# 1188167952 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,680,000

%
Est. Monthly$12,401
Principal & Interest$11,461
Property Tax$941

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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