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1206 NE 3RD Avenue, Delray Beach FL 33444

Multi-family For Sale
$899,000

BTC: 10.62396597

ETH: 339.24528302

5 days
0 room(s)
1,798 sqft

Overview

Great investment property in East Delray. Income producing triplex on an oversized 0.30 acre lot with metal roof, impact windows, single meter, strong tenants, and value add potential. Area has active redevelopment with new duplexes and triplexes nearby. Minutes to Downtown Delray/Atlantic Ave, beaches, shops, and dining. Laundry room on premises. Seller can deliver property vacant with 60 day written notice if buyer does not wish to retain tenants. A rare multifamily find in highly desirable East Delray. Sold AS IS. Do not disturb tenants. Proof of funds or pre approval required prior to showing.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1959
Lot:
0.30 Acres
Heating:
Central / Electric / Heat Pump/Reverse Cycle
Price/sqft:
$500
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$749,000
$536K – $914K
Confidence Low
List vs. estimate
$150K above estimate
List $899,000 · +20.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$500
-13.6% vs. city median $578
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,230
2025
View
Garden
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    • Wood

    Heating

    • Central

    • Electric

    • Heat Pump/Reverse Cycle

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

  • Property

    • Levels: 1

    • Exterior Features: None

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 12434609280040360

    • Zoning: R-1-A (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Water Connected

    • Cable Available

    • Water Available

  • Other financial information

    • Annual tax amount: $12,230

  • Source details

    • MLS ID: B26082570

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / Fenced

    • Patio And Porch Features: Patio / Screened Porch

    • Window Features: Complete Impact Glass / Blinds / Verticals

    • Other Structures: Extra Building/Shed / Shed(s) / Storage Shed

    • Architectural Style: One Story

    • Living Area: 1798

    • Water Source: Public / Well

    • Subdivision Name: DELL PARK

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: LoKation