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1638 NE 3rd Avenue, Delray Beach FL 33444

House For Sale
$1,250,000

BTC: 19.93620415

ETH: 783.85140686

2 days
3 bds
3 ba
1,228 sqft

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway
Year Built:
1965
Lot:
0.26 Acres
Heating:
Central
Price/sqft:
$1,018
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$504,950
$389K – $889K
Confidence Low
List vs. estimate
$745K above estimate
List $1,250,000 · +147.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,017
+114.0% vs. city median $475
Based on
16 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $932K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,228
2025
Pool
Private
Parking
3 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Cooking Island

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Driveway

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Fruit Trees

    Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 12434609190000990

    • Zoning: R-1-AA (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $10,228

  • Source details

    • MLS ID: B26049769

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / East Of US 1 / Less Than 1 Acre

    • Patio And Porch Features: Patio

    • Pool Features: Private

    • Window Features: Complete Other Protection

    • Direction Faces: East

    • Other Structures: Livable

    • Living Area: 1228

    • Water Source: Public

    • Subdivision Name: PLUMOSA PARK SEC A, B AND

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Coastal Partners