1638 NE 3rd Avenue, Delray Beach, FL 33444
- $1,250,000
- 3
- BD
- 3
- BA
- 1,228
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- Days on Market
- 21
- MLS#
- B26049769
- Subtype
- Residential
- Year Built
- 1965
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,228
- Acres
- 0.26
- Subdivision
- Plumosa Park Sec A, B And D
- MLS Area Major
- 4360
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.
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Additional Information
- Interior Features
- Built-in Features, Kitchen Island, Multiple En Suite Bathrooms, Storage
- Exterior Features
- Outdoor Living Area
- Taxes
- $10,228
- Flooring
- Tile
- Appliances
- Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
- Heating
- Central
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Exterior Construction
- Block
- Stories
- 1
- Levels
- One
- Roof
- Shingle
- Pool
- Yes
- Parking Features
- Driveway
- Elementary School
- Plumosa School of the Arts K-8
- High School
- Atlantic
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Listing courtesy of Keller Williams Coastal Partners. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Cristian Y Ramirez | Email: cristian.r@kw.com