Homes for sale in Delray Beach
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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.