For Sale

Listed by Cris Ramirez from Keller Williams Coastal Partne

Source: MIAMI Association of REALTORS® #B26049769

1638 NE 3rd Ave, Delray Beach, FL, 33444

$1,250,000

3
3
3
1360 sq. ft.
11323 sq. ft.

SingleFam

•

30+ days on the market

What's around 1638 NE 3rd Ave

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.

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