1638 NE 3rd Avenue, Delray Beach, FL 33444

• 3 beds |
• 3 baths |
• 1,228 sqft

Property Description

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.

Listing Status:

Active

Date Added:

July 7, 2026

Data Last Updated:

August 6, 2026 at 7:21PM

Listing Office:

Keller Williams Coastal Partners : 561-209-2500

Listing Agent:

Cristian Y Ramirez : 347-466-2825

MLS ID:

B26049769

Interior

• General: Built-in FeaturesKitchen IslandMultiple En Suite BathroomsStorage
• Appliances: DryerDishwasherElectric Water HeaterFreezerDisposalGas RangeIce MakerMicrowaveRangeRefrigeratorWater HeaterWasher
• Laundry: InsideLaundry Closet
• Flooring: Tile
• A/C: Central AirCeiling Fan(s)
• Heating: Central
• Disability Feature: None

Exterior

• General: Outdoor Living AreaStorage
• Other Structures: StoragePorchPatioCovered
• Pool: In GroundPrivateSalt Water
• Parking: DrivewayParking spaces: 3

Construction

• Roofing: Shingle
• General: Block1

Location

• Road/Access: City Street
• Originating MLS: BEACH_BEACH
• County: Palm Beach

Lot

• Zoning: R-1-AA (city)PLUMOSA PARK SEC A LOT 9912434609190000990
• Fencing: Back Yard

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH