1638 NE 3rd Avenue

Single Family Home

1638 NE 3rd Avenue

$1,250,000

1638 NE 3rd Avenue, Delray Beach, FL, 33444

001-1638Northeast3rdAvenue-DelrayBeach-F
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LIST PRICE$1,250,000
BEDROOMS3
BATHROOMS3
HOUSE sq ft1,228
LOT sq ft11,323

Take a closer look

HOA: request current costs · Last reported tax: $10,228/yr

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Estimate monthly payment, including HOA and taxes

Monthly Payment

$8,124/mo

Principal & interest$6,646
Property taxfrom listing$852
Homeowners insuranceestimate$625

$250,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

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 Details

$1,250,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1965
Status
Active
MLS #
B26049769
Living Area
1,228 sq ft
$/Sq Ft (Living)
$1,018
Lot Size
11,323 sq ft
$/Sq Ft (Lot)
$110
Annual Taxes
$10,228
Parking Spaces
3
Days since listed
126Calendar days since the current list date; includes any paused or off-market periods.
MLS-reported DOM
93Value supplied by the MLS; it may lag the current date.

Building Amenities

Private Pool

Notable Features

Private PoolLarge Lot

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Location Scores

Location

1638 NE 3rd Avenue, Delray Beach, FL, 33444