For sale Home

Listed Jul 7, 2026

$1,250,000 Est. $8,268/mo

1638 Northeast 3rd Avenue

  • 3

    Beds

  • 3

    Baths

  • 1,228

    Sq ft

The story

  • Pool

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.

Facts & features

Home type

Home

Year built

1965

Floors

1

Price per sq ft

$1,018

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central

  • Appliances

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

  • Flooring

    Tile

  • Roof

    Shingle

  • Lot Information

    Fruit Trees, Landscaped, Quarter To Half Acre Lot

  • Exterior

    Outdoor Living Area

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$8,268 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $6,653
  • Property tax $1,250
  • Insurance $365

Includes principal, interest, taxes & insurance.

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Listing Broker

Keller Williams Coastal Partners

Broker Name

Keller Williams Coastal Partners

Agent

Cristian Y Ramirez

Location

West Palm Beach FL 33401