502 SE 3rd Avenue, Delray Beach, FL 33483

• 4 beds |
• 2 baths |
• 1,458 sqft

Property Description

Imagine crafting your dream luxury residence on this exceptional 6,510 sq ft lot in one of Delray's hottest regentrifying neighborhoods. Currently improved with a 1986-built 4-bedroom, 2-bath ranch (approx. 1,458 sq ft), this property represents a rare tear-down canvas for visionary developers and discerning buyers seeking to create a signature spec home or private estate. Envision an elevated modern coastal masterpiece — open-concept living, resort-style outdoor spaces, smart-home technology, and high-end finishes — perfectly positioned to capture the essence of "Village by the Sea" luxury. AI renderings available to help buyers visualize the transformative potential. Unmatched Walkability & Lifestyle Proximity: Unmatched Walkability & Lifestyle Proximity: Atlantic Avenue: Just 2-3 short blocks (an easy 5-minute stroll) north via local streets. You're moments from the energy of downtown Delray — world-class dining (Bourbon Steak, Deck 84), boutique shopping, art galleries, festivals, and nightlife. The Beach: Approximately 0.6-0.8 miles east — a pleasant 10-15 minute walk, quick bike ride, or golf cart jaunt to pristine Atlantic Ocean sands and public beach access. Intracoastal Waterway & More: Minutes to waterfront dining, boating, and recreation. Everyday conveniences, parks, and the vibrant Osceola Park neighborhood are right outside your door. Osceola Park is undergoing significant revitalization with improved infrastructure, upgraded sidewalks, decorative lighting, and an influx of luxury infill development. This pocket attracts affluent buyers and investors drawn to the perfect blend of historic charm, walkable urban energy, and coastal proximity — all while property values continue their strong upward trajectory. This is more than a lot — it's a gateway to creating a one-of-a-kind luxury home in a location where demand far outpaces supply. Whether building for personal enjoyment, as a high-end spec home, or for the luxury rental market, 502 SE 3rd Avenue delivers unparalleled lifestyle and investment upside. Schedule your private site tour today and let's bring your vision for Delray luxury to life. Kindly schedule appointment. No drop ins.

Listing Status:

Active

Date Added:

May 18, 2026

Data Last Updated:

May 19, 2026 at 12:21AM

Listing Office:

LPT Realty, LLC : 877-366-2213

Listing Agent:

Rebekah Lee Urbina : 561-827-8469

MLS ID:

B26029760

Interior

• General: Main Level PrimarySplit BedroomsTub Shower
• Appliances: OvenRangeRefrigerator
• Laundry: Inside
• Flooring: Ceramic TileLaminate
• A/C: Central Air
• Heating: Central
• Disability Feature: None

Exterior

• Style: Ranch
• Parking: ConcreteParking spaces: 6

Construction

• Roofing: Shingle
• Windows: Blinds
• General: 1Block

Location

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

Lot

• Zoning: R-1-A (city)OSCEOLA PARK LT 10 BLK 612434621010060100
• Fencing: Back Yard

Utilities

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

Financial

• Source: BEACH_BEACH