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1638 NE 3rd Avenue, Delray Beach, FL 33444

$1,250,000
3
BD
3
BA
1,228
SqFt
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List Price
$1,250,000
MLS#
B26049769
Bedrooms
3
Bathrooms
3
Sq. Ft
1,228
Subtype
Single Family Residence
County
Palm Beach
Subdivision
Plumosa Park Sec A, B And D
Region
4360
Year Built
1965
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(561) 214-0164

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

Heating
Central
Cooling
Central Air, Ceiling Fan(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public
Exterior Features
Outdoor Living Area
Parking Spaces
3
Flooring
Tile
Construction
CBSConcreteBlockStructure, Block
Living Area
1,228
Pool
Yes
Elementary School
Plumosa School of the Arts K-8
High School
Atlantic
Pets Allowed
No Pet Restrictions, Yes
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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