3218 Palm Drive

Soldfor $875,000 on May 5, 2026

Single Family Home

Sold · May 2026

3218 Palm Drive

$875,000

Last list price $1,000,000

3218 Palm Drive, Delray Beach, FL, 33483

Listing image
SOLD PRICE$875,000Sold May 5, 2026 · Last list $1,000,000
BEDROOMS3
BATHROOMS3
HOUSE sq ft2,012
LOT sq ft7,205

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HOA: request current costs · Last reported tax: $9,362/yr

Overview

GREAT RENTAL INCOME POTENTIAL! This fully-furnished 3-bedroom, 3-bath home with a private pool and hot tub was configured as a pet -friendly vacation rental with strong short-term rental history The new owner can reside in the main house, and rent the other two units with separate entrances for rental income, or use them as guest suites, live-in help, or home offices. The roof was replaced in 2021 with new solar panels to reduce the cost of electricity. With only one entrance, the neighborhood enjoys minimal traffic, a private feel, and a strong sense of community, while remaining just 2.5 miles Delray Beach's award-winning dining, beaches, shopping, and nightlife along Atlantic Ave. Easy access to Boca Raton, Palm Beach, Brightline high-speed train stations and FLL and PBi airports. Tradewinds Estates is one of East Delray Beach's most sought-after Intracoastal neighborhoods, where quiet coastal living meets exceptional long-term upside. 3218 Palm Drive offers a rare hybrid opportunity: enjoy the home now, generate rental income immediately, or plan a future luxury dream home. This single-story home has strong short-term rental history located in unincorporated Palm Beach County that offers advantages rarely found this close to the water. No mandatory HOA fees or rules, No rental restrictions (Airbnb/short-term friendly), Builder-friendly county codes (not subject to city restrictions), County-only property taxes and public water & sewer. Whether you are a homeowner seeking coastal living, an investor looking for immediate rental income, or a buyer planning to build a future luxury estate in a proven appreciation corridor, 3218 Palm Drive delivers flexibility, lifestyle, and upside in one of the fastest-evolving neighborhoods in East Delray Beach.

Still available: other Delray Beach homes for sale

Property Details

$1,000,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1948
Status
Closed
MLS #
R11165444
Living Area
2,012 sq ft
$/Sq Ft (Living)
$497
Lot Size
7,205 sq ft
$/Sq Ft (Lot)
$139
Annual Taxes
$9,362
MLS-reported DOM
8

Building Amenities

Bike/Jog PathPrivate Pool

Notable Features

Private PoolScenic Views

Listing history

This home has 2 MLS listing records since 2026: 1 for sale and 1 for rent. It last sold for $875,000 in May 2026.

  1. May 23, 2026Active

    Listed for rent at $15,000/mo (originally $20,000/mo)

    View listing B26032212
  2. Feb 20, 2026SoldThis listing

    Listed for sale at $1,000,000

    Sold for $875,000 on May 5, 2026

Source: MLS listing records. Dates and prices are as entered by listing brokerages.

Location Scores

Location

3218 Palm Drive, Delray Beach, FL, 33483