1638 NE 3rd Avenue, Delray Beach, FL 33444
- Beds
- 3
- Baths
- 3
- Living Area
- 1,228 SF
- Year Built
- 1965
- $/SF
- $1018
- Type
- SingleFamilyResidence
- DOM
- 0
3 bed · 3 bath · 1,228 sqft · Built 1965
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 type
- SingleFamilyResidence
- Condition
- Resale,UpdatedRemodeled
- Year built
- 1965
- Stories
- 1
- Roof
- Shingle
- Subdivision
- PLUMOSA PARK SEC A, B AND D
- Waterfront
- No
- Waterfront features
- None
- Private pool
- Yes
- Parcel number
- 12434609190000990
- Annual tax
- $10,228
- County just value
- $681,522
Delray's downtown Atlantic Avenue, oceanfront cottages, and Intracoastal estates make it South Florida's most walkable coastal city. Inventory turns quickly in the Beach district; deeper value sits west of I-95.
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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 7/7/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.