1638 NE 3rd AVE, Delray Beach, FL 33444
1638 NE 3rd AVE, Delray Beach, FL 33444
1638 NE 3rd AVE, Delray Beach, FL 33444
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Talia Olivera

Talia Olivera

+1(786) 967-3614
$1,250,000
Est. payment /mo
3 Beds
3 Baths
1,228 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,228 sqft

Price per Sqft $1,017

Subdivision Plumosa Park Sec A, B And

MLS Listing ID B26049769

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1965

Annual Tax Amount $10,228

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Single Family Residence

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.

Location

State FL

County Palm Beach

Community Plumosa Park Sec A, B And

Area 4360

Interior

Interior Features Built-in Features, Kitchen Island

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Appliance Some Gas Appliances, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Fruit Trees, Patio

Pool Pool, Private

Utilities Available Electricity Available, Sewer Available, Water Available

Amenities Available Pool

Roof Type Composition,Shingle

Street Surface Paved

Porch Patio

Total Parking Spaces 3

Building

Lot Description <1 Acre, 1/4 to 1/2 Acre Lot

Building Description Block, Living Area

Faces East

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Schools

High Schools Atlantic

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 12434609190000990

Security Features Other

Acceptable Financing Cash, Conventional, FHA 203(k), FHA

Listing Terms Cash, Conventional, FHA 203(k), FHA

Pets Allowed No Pet Restrictions

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Keller Williams Coastal Partners

NEARBY SCHOOLS & PROPERTIES

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1638 NE 3rd AVE