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1638 NE 3rd Avenue
$1,250,000

1638 NE 3rd Avenue

PLUMOSA PARK SEC A, B AND D · Delray Beach · FL · 33444

Active
3
Beds
3
Baths
1,228
Sq Ft
1965
Year Built
SingleFamilyResidence
Type

About this home

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.

Location

Approximate location. Map data © OpenStreetMap contributors.