1638 NE 3rd Avenue, Delray Beach, FL 33444

About 1638 NE 3rd Avenue, Delray Beach, FL 33444

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.

How This Listing Compares in Delray Beach

Per square foot, it is asking 287% above the Delray Beach median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Delray Beach; a starting point, not an appraisal.

Home Features at 1638 NE 3rd Avenue, Delray Beach, FL 33444

Bathrooms Full

3

Bathrooms Half

0

Interior Features

Built-in Features, Cooking Island, Storage, Utility Room/Laundry

Appliances

Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer

Flooring

Tile

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Parking Features

2 Or More Spaces, Driveway

Pool Features

Private

Pool Private

Yes

Year Built Details

Resale

Property Condition

Substantially Remodeled, Updated/Remodeled, Completely Renovated

Direction Faces

East

The Building at 1638 NE 3rd Avenue, Delray Beach, FL 33444

Building Area Total

1360

Building Area Units

Square Feet

Stories

1

Stories Total

1

Entry Level

1

Association

No

Association Amenities

Private Pool

Pets Allowed

Yes

Lot, Views & Construction at 1638 NE 3rd Avenue, Delray Beach, FL 33444

Lot Features

1/4 To Less Than 1/2 Acre Lot, East Of US 1, Less Than 1 Acre

Lot Size Square Feet

11,323

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Comp Shingle Roof, Shingle

Exterior Features

East Of Us1, Fruit Trees

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Taxes & Public Record for 1638 NE 3rd Avenue, Delray Beach, FL 33444

Parcel Number

12434609190000990

Tax Annual Amount

$10,228

Tax Year

2,025

Tax Legal Description

PLUMOSA PARK SEC A LOT 99

Zoning

R-1-AA (city)

County Or Parish

Palm Beach County

Assigned Schools for 1638 NE 3rd Avenue, Delray Beach, FL 33444

High School

Atlantic

School assignments are provided by the listing and should be independently verified.

Map & Neighborhood