Single Family Residence

1638 NE 3rd Avenue

Delray Beach, FL 33444

$1,250,000

Beds: 3
Baths: 3
Sq ft: 1,228
Year built: 1965
Price per sq ft: $1,018

Listing courtesy of Cristian Y Ramirez, Keller Williams Coastal Partne

About this home

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.

Details

Property

Type: Single Family Residence
Year built: 1965
Stories: 1
Lot size: 11,323 sq ft
Subdivision: PLUMOSA PARK SEC A, B AND
County: Palm Beach County
Faces: East

Interior

Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
Flooring: Tile
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Laundry: Laundry Room, Utility Room/Laundry
Features: Built-in Features, Cooking Island, Storage, Utility Room/Laundry

Exterior and parking

Exterior: East Of Us1, Fruit Trees
Patio and porch: Patio
Pool: Private
Parking: 2 Or More Spaces, Driveway
Construction: CBS Construction
Roof: Comp Shingle Roof, Shingle

Community and fees

Amenities: Private Pool
Pets: Yes
Annual taxes: $10,228
Terms: All Cash, Conventional, FHA, FHA 203K

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 21, 2026.