1638 NE 3rd Avenue, Delray Beach FL 33444 | Palm Beach County | B26049769
- $1,250,000
- $1,250,000
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.
Monthly Fees & Carrying Costs
- Membership Required: No
Have a question about this Delray Beach listing?
Talk directly with Christopher Lazaro, your Delray Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 3rd
-
City: Delray Beach
-
Zip/Postal Code: 33444
Details
Updated on July 7, 2026 at 9:37 pm-
Property ID B26049769
-
Price $1,250,000
-
Property Size 1228 Sq Ft
-
Bedrooms 3
-
Rooms 3
-
Bathrooms 3
-
Year Built 1965
-
Property Status Active, Residential
Additional details
-
Flooring Tile
-
Cooling Ceiling Fan(s), Central Air
-
Area Plumosa Park Sec A, B And
-
Annual Tax 10228
-
Association No
-
Private Pool Yes
-
Listing Terms All Cash, Conventional, FHA, FHA 203K
-
Waterfront No
-
Full Bathrooms 3
-
Subdivision PLUMOSA PARK SEC A, B AND
-
Total Stories 1
-
Restrictions No Restrictions
-
Amenities Private Pool
-
Parking 2 Or More Spaces, Driveway
-
Heating Central
-
Structure Type House
-
Tax Year 2025
-
Construction CBS Construction
-
Building Area 1360
-
Unit Floor 1
-
Year Built Details Resale
-
High School Atlantic
-
Half Bathrooms 0
-
Patio / Porch Patio
-
New Construction No
-
Lot Size (Sq Ft) 11323
-
Membership Purchase Required No
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees