1638 Ne 3rd Avenue, Delray Beach, FL 33444

$1,250,000
3
BD
3
BA
1,228
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,250,000
MLS#
B26049769
Subdivision
Plumosa Park Sec A, B And
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
3
Living Area
1,228

Property 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.

Additional Information

Days on Market
24
Tax Amount
$10,228
Pool
Yes
Parcel Number
12434609190000990
Pool Description
Private
Front Exposure
East
Special Information
Substantially Remodeled, Updated/Remodeled, Completely Renovated
Lot Size
11,323
Exterior Features
East Of Us1, Fruit Trees
Parking Restrictions
2 Or More Spaces, Driveway
Pet Restrictions
Yes
Pets Allowed
Yes
Address
1638 Ne 3rd Avenue, Delray Beach
SqFt Liv Area
1,228
Year Built
1965
Development Name
Plumosa Park Sec A, B And
Style
House
Senior High School
Atlantic
Restrictions
No Restrictions
Construction Type
CBS Construction
Interior Features
Built-in Features, Cooking Island, Storage, Utility Room/Laundry

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Keller Williams Coastal Partners, Contact: