1638 NE 3rd Avenue, Delray Beach FL 33444
Delray Beach, FL 33444
$1,250,000
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- Price
- $1,250,000
- Beds
- 3
- Baths
- 3
- Square feet
- 1,228
- Property type
- Single Family Residence
- Year built
- 1965
- Lot size (sq ft)
- 11,323
- MLS number
- B26049769
This listing is courtesy of Keller Williams Coastal Partners, 561-209-2500.
About this 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, 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.
Details
- Property type
- Single Family Residence
- Year built
- 1965
- Lot size (sq ft)
- 11,323
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC