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1638 NE 3rd Avenue, Delray Beach, FL - photo 1

$1,250,000

1638 NE 3rd Avenue

Delray Beach, FL 33444

Estimated payment $7,500/month

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3Beds
3Baths
1,228Sq Ft
$1018Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Private Pool
Built in 1965
11,326 sqft Lot

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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:3
  • •Bathrooms:3
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,228 sqft
  • •Total interior livable area:1,228 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:11,326 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1965

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Price history

DateEventPrice
2026-07-07T00:00:00.000ZListed for sale$1,250,000$1018/sqft

Listing Agent

Cristian Y Ramirez

Keller Williams Coastal Partners

Brokerage Phone: 561-209-2500

Source: Beaches MLS · MLS #B26049769

Data Powered by Home Junction, Inc.

Nearby

Schools

PLUMOSA SCHOOL OF THE ARTS

Elementary · 0.4 mi

CAREER ACADEMY OF THE PALM BEACHES

High · 1.2 mi

S. D. SPADY ELEMENTARY SCHOOL

Elementary · 1.3 mi

Supermarkets

J & D Trading of Delray

0.3 mi

Eliane Caribbean Marke

0.3 mi

Rips Food Mart

0.3 mi

Dining

Salad Chef USA of Delray

0.2 mi

Wicked & Wee's Dead Zoo Diner

0.3 mi

D and Z's Pizza

0.3 mi

Parks

13th Street Playground

0.3 mi

Mike Machek Boy Scout Park

1.0 mi

Lake Ida Park

1.1 mi

Beaches

Delray Public Beach

1.6 mi

Delray Municipal Beach

1.7 mi

Boynton Beach Oceanfront Park

4.6 mi

Nearby amenity locations include data © OpenStreetMap contributors.