Back 330 NE 1st Ave
Off Market

330 NE 1st Ave

Delray Beach FL 33444

4
6
5
4555 sq. ft.
9827 sq. ft.
Single-Family
Last sold for $1,200,000
Laura DerricksonLaura Derrickson, last sold this property on 22 May 2026 after -64 days on market.

Overview

This is the part most buyers never get to—and the reason this opportunity exists. Set in one of Delray Beach's most desirable historic districts just moments from Atlantic Avenue, this property comes with fully developed architectural plans, historic approval, and permit packages that have cleared review—with only final fees remaining before issuance. In other words, the hardest, slowest, and most uncertain part of the process is already done. The approved design transforms the property into a 4,936 square foot multi-structure compound (6,725 total building square feet), thoughtfully planned to maximize livability, flexibility, and long-term value. The vision includes a reimagined main residence, an expanded cottage, and a newly constructed detached garage with an upper-level flex space and full bath—ideal for guest quarters, office, gym, or studio. The approved design allocates approximately: • Main residence: 3,700 sq ft living (4,555 total) • Cottage (existing + approved expansion): 472 sq ft living (642 total) • Detached garage with upper-level flex space and full bath: 764 sq ft living (1,528 total) This breakdown reflects the full approved scope, including garage living space not always captured in standard MLS fields. What makes this offering particularly compelling is how it's been structured. The project has been submitted as separate permit packages under one cohesive plan, allowing a future owner to execute strategically rather than all at once. Build the full vision, phase it over time, or adjust specific elements without jeopardizing progress on the rest. The ability to move forward in stages—and still obtain a Certificate of Occupancy on completed portions—is a rare advantage in Delray's historic corridor. Equally important: permit issuance has been intentionally paused. Final fees have not yet been paid, allowing the next owner to control when the clock starts—an often overlooked but highly valuable lever in managing timing, financing, and construction planning. The existing cottage is grandfathered and approved for expansion, preserving a level of density and flexibility that is increasingly difficult to achieve under current regulations. The garage structure is fully approved new construction, adding meaningful usable space and functionality to the overall design. The total approved square footage represents a significant increase from the current footprint, positioning the property in line with higher-end finished product in the area—without requiring the next owner to navigate historic approvals, redesign cycles, or extended permitting timelines. The current spa area also presents an easy opportunity for conversion to a plunge pool, offering an additional enhancement without major redesign. This is not a typical purchase, and it should not be evaluated like one. The value here is not in the existing structure, which is not currently in livable condition, but in the time, approvals, and forward momentum already secured—elements that can often take years to replicate in this location. Construction costs will vary depending on materials, finishes, and execution; buyers are encouraged to consult with their builder to determine their preferred approach. What is certain is this: the pathway has been cleared, the vision has been established, and the next owner has the rare ability to step in and move forward without starting over. For buyers who understand what it takes to build in a historic district, the advantage is immediate and substantial. Bring your builder. Move straight to execution. Skip the part everyone else gets stuck in.

Features

4 bedrooms
6 bathrooms
5 carspaces
2 garage spaces
4555 sq. ft. floor area
9827 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Delray Beach over the last 12 months, the estimated median property value of 330 NE 1st Ave is $1.54m.

Median value
$1.54m
Estimated value range
$365k - $5.95m
Median days on market
48
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Delray Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 330 NE 1st Ave

2026
Sold
$1,200,000
22 May 2026 by Laura Derrickson, of Keller Williams Coastal Partne
2026
Sold
$1,200,000
22 May 2026 by Laura Derrickson, of Keller Williams Coastal Partne
2020
Sold
$771,100
19 Mar 2020 by Jessica Fee, of Delray Beach Real Estate Company

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 9 reviews in Delray Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in Delray Beach

In the last 12 months, 60 four-bedroom single-family properties similar to 330 NE 1st Ave, have been sold.

This represents a 13% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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