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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1638 NE 3rd Ave , Delray Beach, FL 33444
$1,250,000
Est. Payment: $2,777.78/mo
3 Bed
3 Bath
1228 Sqft
Status: Active | Days on site: 63
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FLL276538722 - FLL276613519
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by Cristian Y Ramirez , 347-466-2825 Keller Williams Coastal Partne , 561-209-2500.

Property Type

Residential
Lot/Acreage
0.26

Year Built

1965

County

Palm Beach

Area

4360

 Neighborhood

Plumosa Park Sec A, B And

Listing ID

B26049769

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Some Gas Appliances, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile
Other:
  • ▪ Additional:Built-in Features, Kitchen Island
Water:Public

Exterior Features

Lot:<1 Acre,1/4 to 1/2 Acre Lot
Garage Capacity:3
Zoning:R-1-AA (city)
Roof:Composition,Shingle
Others:
  • ▪ Additional:Fruit Trees, Patio
Sewer:Public Sewer
Parking Features:Driveway,Two or More Spaces
Principal Interest
$2,778
Taxes
$852

Home Price

$1,250,000

Loan Details

30 yrs
%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,777.78 $852.33 $0.00 $3,630.11
Yearly $33,333.33 $10,228.00 $0.00 $43,561.33
Total $1,000,000.00 $306,840.00 $0.00 $1,306,840.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Delray Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.