1601 NE 3RD Avenue, Delray Beach FL 33444 | Palm Beach County | B26069794
- $2,100,000
- $2,100,000
Description
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.
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 August 29, 2026 at 5:08 pm-
Property ID B26069794
-
Price $2,100,000
-
Bathroom 0
-
Year Built 1974
-
Property Status Active, Commercial Sale
Additional details
-
Cooling Central Air, Electric
-
Annual Tax 11290
-
Association No
-
Private Pool No
-
Listing Terms All Cash, Exchange
-
Waterfront No
-
Total Stories 2
-
Maintenance Includes No Maintenance Included
-
Heating Central, Electric
-
Structure Type Multi Family
-
Tax Year 2025
-
Construction CBS Construction
-
Building Area 5146
-
Year Built Details Resale
-
Inclusions Building Only, Business And Building
-
New Construction No
-
Association Fee 0
-
Lot Size (Sq Ft) 0
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees