1638 NE 3rd AvenueDelray Beach, FL33444
Due to the health concerns created by Coronavirus, we are offering personal 1-1 online video walkthrough tours for those people that cannot be here in person.




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.
| a week ago | Listing first seen on site | |
| a week ago | Listing updated with changes from the MLS® |

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-07-16 03:37 AM UTC
Perfect home finder
'VIP' Property Search
Buying a home? Why not take a few minutes to fill out a form to describe your ‘dream’ home and let us find you the closest property matches?

Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.