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Homes for sale in Delray Beach
Multi Family · Under contract

1601 NE 3RD Avenue

Delray Beach, FL 33444
$2,100,000
Year built
1974

Listing courtesy of Abbey Adair, Realty Professionals Inc

About this home

Exceptional investment and redevelopment opportunity in a prime East Delray Beach location, just minutes from Atlantic Avenue, the beach, dining, shopping and entertainment, also with convenient access to Downtown Boynton Beach. Currently configured as a six-unit multifamily property, each residence offers 2 bedrooms, 1 bathroom and approximately 780 square feet each. Renovate and reposition the existing units as an income-producing asset, or explore the potential for redevelopment into a single-family residence or alternative use, such as a wellness-oriented concept, subject to zoning and municipal approvals. With multiple possibilities and an irreplaceable location, this is a rare opportunity to bring a new vision to one of South Florida's most desirable coastal areas.

Details

Property

Type
Multi Family
Year built
1974
Stories
2
County
Palm Beach County

Interior

Cooling
Central Air, Electric
Heating
Central, Electric

Exterior and parking

Construction
CBS Construction
Roof
Composition Roll

Community and fees

Maintenance includes
No Maintenance Included
Security
No Fire Protection, No Security
Annual taxes
$11,290
Terms
All Cash, Exchange

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 30, 2026.