1638 NE 3rd Avenue, Delray Beach, FL 33444
- $1,250,000
- 3
- BD
- 3
- BA
- 1,228
- SqFt
- List Price
- $1,250,000
- MLS#
- B26049769
- Status
- ACTIVE
- County
- Palm Beach
- City
- Delray Beach
- Subdivision
- Plumosa Park Sec A, B And D
- Bedrooms
- 3
- Bathrooms
- 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
- 61
- Year Built
- 1965
- Stories
- 1
- Interior Features
- Built-in Features, Kitchen Island
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Central
- Pool Description
- In Ground, Salt Water
- Parking Spaces
- 3
- Elementary School
- Plumosa School of the Arts
- High School
- Atlantic
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Listing courtesy of Keller Williams Coastal Partne. Contact: