1638 NE 3rd Ave, Delray Beach, FL 33444

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3beds

3baths

1,228sqft

1965year built

ActiveResidentialSingle Family ResidenceLot 11,325 sqftHOA None59 DOMMLS# B26049769

Listed by: Cristian Y Ramirez 347-466-2825, Keller Williams Coastal Partne 561-209-2500

Source:Beaches MLS (RAPB)|MLS #B26049769

What's special

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.

Bedrooms3

Bathrooms3

Year built1965

Home typeSingle Family Residence

Property subtypeResidential

Living area1,228 sqft

Lot size11,325 sqft

Pool featuresIn Ground, Private, Salt Water

RegionDelray Beach, FL

HOA feeNone

Price per square foot$1018/sqft

Date on market2026-07-07T00:00:00.000Z