$2,100,000
 $11,273 est/mo Sourced by Back At You

1601 NE 3rd Avenue,Delray Beach, FL

Delray Beach, FL

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Description

Exceptional investment and redevelopment opportunity in a prime East Delray Beach location, just minutes from Atlantic Avenue, the beach, dining, shopping and entertainment, also with convenient access to Downtown Boynton Beach. Currently configured as a six-unit multifamily property, each residence offers 2 bedrooms, 1 bathroom and approximately 780 square feet each. Renovate and reposition the existing units as an income-producing asset, or explore the potential for redevelopment into a single-family residence or alternative use, such as a wellness-oriented concept, subject to zoning and municipal approvals. With multiple possibilities and an irreplaceable location, this is a rare opportunity to bring a new vision to one of South Florida's most desirable coastal areas.

Details

MLS #B26069794
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1974
Days On Site31
Listing Provided ByRealty Professionals Inc | Abbey Adair

Features

SQ Feet5,146
Story(s)2
Units6
Building(s)1
ZoningR-1-A (city)
Acreage0.29

Exterior

Lot FeaturesQuarter To Half Acre Lot

Taxes

Tax Annual Amount11290.53

Area Information

StateFL
CountyPalm Beach
CityDelray Beach
Area4360
SubareaPB06
Listing VS Median (in )
Price:
$2,100,000
low | high
Med:
$899,999
100% of Average
sqft:
5,146
low | high
Med:
3,288
86.105713175282% of Average
$ / sqft:
$408
low | high
Med:
$274
82.9249963214% of Average
On site:
31
low | high
Med:
61
50.819672131148% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyPalm Beach
CityDelray Beach
Area4360
SubareaPB06
Listing VS Median (in )
Price:
$2,100,000
low | high
Med:
$899,999
100% of Average
sqft:
5,146
low | high
Med:
3,288
86.105713175282% of Average
$ / sqft:
$408
low | high
Med:
$274
82.9249963214% of Average
On site:
31
low | high
Med:
61
50.819672131148% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.575M - $2.625M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
1650 NE 3rd Avenue Property Photo 1
$2,700,000
1650 Ne 3rd Avenue
Delray Beach, FL 33444
1650 NE 3rd Avenue Property Photo 1
$2,700,000
1650 Ne 3rd Avenue
Delray Beach, FL 33444
Listing Updated: September 20, 2026 at 5:27:36 PM PDT