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3 Beds
3 Baths
1,228 sqft

$1,250,000

1638 NE 3rd Avenue, Delray Beach FL, 33444

Price per sqft$1,017.92
Built in1965
Property size1,228 sqft
Property typeResidential
Courtesy of Cristian Y Ramirez with Keller Williams Coastal Partners

Overview

Active

Listed Jul 7, 2026

Updated 10 days ago

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.

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B26049769

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$10,228
Tax Frequency
Annually
Pets Allowed
Yes
Pool
Yes
55+/Senior Community
No

Also listed on RMLS & RAGFL

MLS provider logo

Courtesy of Keller Williams Coastal Partners, Cristian Y Ramirez,
Listing Contact: 347-466-2825 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 7:40 AM UTC, 10/9/2026

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