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1638 NE 3rd Ave

Delray Beach FL 33444

3
3
3
1360 sq. ft.
11323 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
3 bathrooms
3 carspaces
1360 sq. ft. floor area
11323 sq. ft. lot size
Single-Family

Property history for 1638 NE 3rd Ave

2025
Rented
Undisclosed
23 Mar 2025 by PREMIER LISTINGS
2023
Rented
Undisclosed
08 Aug 2023 by Fpb Investment Properties, Inc
2019
Sold
$260,000
09 May 2019 by Christiane Goldstein, of Internet International Realty Corp

Happy sellers in Delray Beach

<50%
Less than 50% of sellers in Delray Beach reported that their sale price either exceeded or met their price expectations.

Delray Beach stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Delray Beach over the last 12 months.

Local market activity for 3 bedroom single-family properties in Delray Beach

In the last 12 months, 124 three-bedroom single-family properties similar to 1638 NE 3rd Ave, have been sold.

This represents a 3% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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