Single Family Residence

1638 NE 3rd Avenue

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

$1,250,000

For Sale

3 Beds · 3 Baths · 1,228 SqFt

See estimated monthly cost

This listing is courtesy of Keller Williams Coastal Partne. Cristian Y Ramirez

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.

Facts & features

Interior

Living area (sq ft)
1,228
Full bathrooms
3
  • Built-in Features
  • Cooking Island
  • Storage
  • Utility Room/Laundry

Building & exterior

Year built
1965
Lot size (sq ft)
11,323
Pool
Yes
  • East Of Us1
  • Fruit Trees
  • 2 Or More Spaces
  • Driveway

HOA (homeowners association)

  • Private Pool
  • No Restrictions
  • Yes

Taxes

Annual tax
$10,228
Tax year
2025
Parcel number
12434609190000990

Assigned schools

High
Atlantic

Listing

MLS number
B26049769
Property type
Single Family Residence
Price per SqFt
$1,018
Subdivision
PLUMOSA PARK SEC A, B AND
On market since
Jul 7, 2026
Days on market
75

Estimated monthly cost

$8,111 per month

Principal & interest (30 yr)
$6,321
Property tax
$852
Insurance (estimated)
$938

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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