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1638 NE 3rd Avenue

Delray Beach, FL 33444
  • $1,250,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: B26049769
UPDATED: 50 min ago
$1,250,000
  • 3
    BEDS
  • 1/4 to 1/2 Acre
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,228
    SQFT
  • $1,018
    $/SQFT
Type:
Single-Family Home
Built:
1965
County:
Area:

School Information

Elementary School:
High School:

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.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-07-17T22:34:16.173.
www.thecahurgroup.com/homes/178541501
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1638 NE 3rd Avenue Delray Beach, FL 33444

  • Price: $1,250,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 50 min ago
  • MLS #: B26049769
3
Beds
3
Baths
0
½ Baths
1/4 to 1/2 Acre
Acres
1,228
SQFT
$1,018
$/SQFT
1965
Built
Neighborhood:
Plumosa Park Sec A, B And D
County:
Palm Beach
Area:
Delray Beach
Elementary School:
Plumosa School Of The Arts K-8
High School:
Atlantic
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.
Exterior Features

Carport YN No Construction Materials Block Covered Spaces 0 Entry Level 1 Exterior Features Outdoor Living Area Garage YN No Parking Features Driveway Parking Total 3 Patio And Porch Features Covered Patio Porch Pool Features In Ground Private Salt Water Pool Private YN Yes Roof Shingle

Interior Features

Appliances Dryer Dishwasher Electric Water Heater Freezer Disposal Gas Range Ice Maker Microwave Range Refrigerator Water Heater Washer Building Area Total 1360 Cooling Central Air Ceiling Fan(s) Cooling YN Yes Fireplace YN No Flooring Tile Heating Central Heating YN Yes Interior Features Built-in Features Kitchen Island Multiple En Suite Bathrooms Storage Laundry Features Inside Laundry Closet Levels One Main Level Bathrooms 3 Main Level Bedrooms 3 Rooms Total 3

Property Features

Association YN No Direction Faces East Fencing Back Yard Listing Terms Cash Conventional FHA Lot Features Fruit Trees Landscaped1 /4 to 1 /2 Acre Lot Membership Equity YN False Membership Fee New Construction YN No Occupant Type Call Agent Other Structures Storage Pets Allowed No Pet Restrictions Yes Property Condition Resale Updated / Remodeled Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Restrictions No Restrictions Road Frontage Type City Street Road Responsibility Public Maintained Road Road Surface Type Paved Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Stories 1 Stories Total 1 Tax Annual Amount 10228.21 Tax Year 2025 Utilities Electricity Connected Sewer Connected Water Connected Water Source Public Waterfront Features None Waterfront YN No

Listing provided courtesy of Keller Williams Coastal Partners: . Listing information © 2026 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-07-17T22:34:16.173.
 
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The Cahur Group | Keller Williams Realty
4455 Military Trail Suite 100
Jupiter FL, 33458