$1,250,000
1638 NE 3rd Avenue, Delray Beach FL 33444
116 days on market
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,228 sqft
- Price per sqft
- $1,018
- Type
- Single Family Residence
- Year built
- 1965
- Taxes
- $10,228/yr
- MLS #
- B26049769
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.
Estimated subtotal
$852/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $852
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Delray Beach, 33444
Listing courtesy of Keller Williams Coastal Partners
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.