$1,250,000

Single Family Detached Delray Beach

  • 3 Beds
  • 3 Baths
  • 1,228 Sqft
  • 11,326 Sqft lot
  • Updated: August 5
  • 7
    Views for last 30 days
  • MLS#B26049769

About the Property

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, providi
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.
  • Property type

    House

  • Year built

    1965

  • Price/sqft

    $1,017

Features

  • Pool
  • Garden
  • Water View
  • Terrace
  • Pergola
  • Gate
  • Stone Countertops
  • Bar

Explore the Area

1638 NE 3rd Avenue, Delray Beach, FL 33444, Florida, United States View on Google Maps
Price per sqft
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Cristian Ramirez

Joined 4 years ago
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Cristian Ramirez
United States
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1
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2026
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Palm Beach East
Palm Beach East
250 South Australian Avenue, Suite 1201, 33401, West Palm Beach, United States
View agency profile
Last updated
August 5
First listed
Jul 8
Agent licence
#3460214
Listing reference
2134644133648248
Listing status
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