PLUMOSA PARK SEC A, B AND D - 1638 NE 3rd Avenue , Delray Beach - B26049769(Status : Active) - $ 1,250,000

Bedrooms: 3
Bathrooms: 3 full  3 half
Living Area: 1,228 SqFt
Total Area: 1,360 SqFt
Year Built: 1965
Waterfront: No
Garage: No
Pool: Yes
Front: East
Pets Allowed: Yes
Address:1638 NE 3rd Avenue , Delray Beach FL 33444

Room Measurements

Comments:

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 Features:

AC:
Central Air, Ceiling Fan(s)
Pool:
In Ground, Salt Water, Private
Appliance:
Electric Water Heater, Dryer, Disposal, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater, Washer, Range, Freezer
Parking:
Driveway
Restriction:
No Restrictions
HOPA (55+):
No
Subdivision:
PLUMOSA PARK SEC A, B AND D
Lot Description:
1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre Lot
Construction:
CBS
Pets Allowed:
Yes, No Restrictions
Flooring:
Tile
Front:
East
Taxes:
$10,228.21 (Property will be reassessed upon sale)
If you are interested in this property Call Jeffrey at (561) 496-2000, RE/MAX Direct
Listing courtesy of Keller Williams Coastal Partners
This information is not verified for authenticity or accuracy and is not guaranteed. 07/14/2026