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Slice RealtyPropiedad Futura

$1,250,000

3 bd · 3 ba · 1,228 sq ft · Single Family Residence

1638 NE 3rd Avenue, Delray Beach FL 33444

For Sale · Active listing

Est. payment $6,869/mo · Mortgage calculator

Listed by Keller Williams Coastal Partners / Cristian Y Ramirez

Contact: 347-466-2825 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

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.

Facts
MLS #
B26049769
Subdivision
PLUMOSA PARK SEC A, B AND
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
1,228
Price per sq. ft.
$1,018 / sq ft
Year built
1965
Lot size
0.26 acres
Days on market
93
County
Palm Beach County
Date listed
Jul 7, 2026
Last updated
Oct 8, 2026
Financial considerations
Taxes
$10,228 (2025)
HOA amenities
Private Pool
Exterior features
Waterfront
No
Construction
CBS Construction
Parking spaces
3
Roof
Comp Shingle Roof, Shingle
Additional features
East Of Us1, Fruit Trees
Interior features
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
Window features
Complete Other Protection
Additional features
Built-in Features, Cooking Island, Storage, Utility Room/Laundry
Additional features
Pets allowed
Yes
Community
Paved Road

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$1,000,000
Total cost of mortgage$2,472,950
Monthly payment$6,869

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 8, 2026, 1:08 PM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.