1638 NE 3rd Avenue

3-bedroom house for sale in Delray Beach

$1,250,000

Beds

Baths

Living Area

1228 Sq. Ft

Price per Sq. Ft.

$1018

Living Area м²

114 м²

Price per м²

$ 10 957

Overview:

Living Area 1228 Sq. Ft.

Living Area м² 114 м²

Days On Market 26

Tax Annual Amount 10228

Pets Allowed NoPetRestrictions

Year Build 1965

MLS# B26049769

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.

Property Features:

Address

FL, Delray Beach

Street Name

3rd

Street Number

1638

Property Type

Residential / Single Family Residence

Entry Level

Flooring

Tile

Cooling

Central Air, Ceiling Fans

Security Features

Other

Last Modification

2026-07-07 21:58:22

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Exterior Features

FruitTrees
Patio

Interior Features

BuiltInFeatures
KitchenIsland

Appliances

SomeGasAppliances
Dryer
Dishwasher
Electric Water Heater
Disposal
GasRange
IceMaker
Microwave
Refrigerator
Washer

Association Amenities

Pool

Parking Features

Driveway
TwoOrMoreSpaces

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