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Rare opportunity to own a versatile investment property in the highly desirable Osceola Park neighborhood of Delray Beach. Currently configured as two separate residences, this unique property offers immediate rental income while presenting exceptional long-term redevelopment potential. The property features two fully renovated residences, including a 3-bedroom, 2-bath unit and a 3-bedroom, 1-bath
Rare opportunity to own a versatile investment property in the highly desirable Osceola Park neighborhood of Delray Beach. Currently configured as two separate residences, this unique property offers immediate rental income while presenting exceptional long-term redevelopment potential. The property features two fully renovated residences, including a 3-bedroom, 2-bath unit and a 3-bedroom, 1-bath unit. Both offer in-unit laundry, comfortable, functional living spaces, and are currently rented, providing immediate income from day one while offering outstanding flexibility for future plans. Situated on a generously sized lot in one of Delray Beach’s fastest-growing neighborhoods, the possibilities are endless. Continue generating rental income, hold as a long-term investment, or create your dream home in this thriving community. The roof was replaced in 2021. For those looking to maximize development potential, the adjacent vacant lot at 618 SE 2nd Avenue is also available for purchase. Buy one or both properties to create a rare assemblage opportunity in one of Delray Beach’s most sought-after neighborhoods. The neighboring lot is shovel-ready, while this property provides immediate rental income as you plan your vision for the future. Osceola Park is one of Downtown Delray Beach’s original neighborhoods, celebrated for its historic charm, walkability, and prime location. Just minutes from Atlantic Avenue and the beach, residents enjoy easy access by foot, bike, or golf cart to award-winning restaurants, boutique shopping, art galleries, entertainment, and the vibrant downtown lifestyle. Whether you’re an investor, builder, or homeowner with a vision, this is a rare opportunity to own a property that provides immediate income today and exceptional possibilities for the future.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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