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.
Current real estate data for Single Family in Delray Beach as of Nov 04, 2026
750
Single Family Listed
92
Avg DOM
559
Avg $ / SqFt
$1,972,700
Avg List Price
Listing Provided Courtesy of Keller Williams Coastal Partners at 561-209-2500
Property Details
Price:
$1,250,000
MLS #:
B26049769
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PLUMOSA PARK SEC A B AND D
Neighborhood:
4360
Listed Date:
Jul 7, 2026
Finished Sq Ft:
1,228
Total Sq Ft:
1,360
Lot Size:
493,229,880 sqft / 0.26 acres (approx)
Year Built:
1965
Schools
Elementary School:
Plumosa School of the Arts K-8
High School:
Atlantic
Interior
Appliances
Electric Water Heater, Range, Freezer, Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
Bathrooms
3 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile
Heating
Central
Interior Features
Built-in Features, Kitchen Island, Storage
Laundry Features
Inside, Laundry Closet
Main Level Bathrooms
3
Main Level Bedrooms
3
Exterior
Construction Materials
CBS
Direction Faces
East
Fencing
Back Yard
Lot Features
Fruit Tree(s), Landscaped
Open Parking Spaces
3
Other Structures
Storage
Parking Features
Driveway
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch – Open, Patio – Open, Patio – Covered, Porch, Patio
Roof
Shingle
Stories
1
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$10,228
Map
Contact Us
Mortgage Calculator
Community
- Address1638 NE 3rd Avenue Delray Beach FL
- SubdivisionPLUMOSA PARK SEC A B AND D
- CityDelray Beach
- CountyPalm Beach
- Zip Code33444
Property Summary
- Located in the PLUMOSA PARK SEC A B AND D subdivision, 1638 NE 3rd Avenue Delray Beach FL is a Single Family for sale in Delray Beach, FL, 33444. It is listed for $1,250,000 and features 3 beds, 3 baths, and has approximately 1,228 square feet of living space, and was originally constructed in 1965. The current price per square foot is $1,018. The average price per square foot for Single Family listings in Delray Beach is $559. The average listing price for Single Family in Delray Beach is $1,972,700. To schedule a showing of MLS#b26049769 at 1638 NE 3rd Avenue in Delray Beach, FL, contact your Trust House Realty agent at 9543362003.
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