Active · For Sale
$1,250,000
1638 NE 3rd Avenue, Delray Beach FL 33444
Data via Miami Association of REALTORS® (MiamiRE)
3
Beds
3
Baths
3 full
1,228
Sq Ft
$1,018
Per Sq Ft
11,323
Lot Sq Ft
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.
Property Facts
MLS #:B26049769
Status:Active
Property Type:Residential · Single Family Residence
Year Built:1965
Living Area:1,228 sq ft
Lot Size:11,323 sq ft (0.26 acres)
Bathrooms:3 (3 full)
Stories:1
HOA:None
Annual Taxes:$10,228 (2025)
Days on Market (per MLS):93
Waterfront:No
Parking:3 total spaces
Private Pool:Yes
Cooling:Ceiling Fan(s), Central Air
Construction:CBS Construction
Zoning:R-1-AA (city)
Subdivision (per MLS):PLUMOSA PARK SEC A, B AND
City:Delray Beach
ZIP:33444
County:Palm Beach
MLS record last modified:October 8, 2026
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City
Delray Beach →County
Palm Beach County →Location
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