1638 NE 3rd Avenue, Delray Beach FL 33444
Delray Beach, FL, 33444
$1,250,000
+ 28 more photos
Property facts
- Status
- Active
- Price
- $1,250,000
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,228 sqft
- Lot size
- 11,323 sqft
- Year built
- 1965
- Type
- Single Family Residence
- Days on market
- 93
- On market
- July 7, 2026
- MLS #
- B26049769
About this single family residence
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.
Explore the full Delray Beach market intelligence report — pricing trends, inventory & sales pace.
Listing courtesy of Keller Williams Coastal Partners, 561-209-2500. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.