1601 NE 3RD Avenue, Delray Beach, FL 33444

Description of 1601 NE 3RD Avenue, Delray Beach, FL 33444

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.

Property Details for 1601 NE 3RD Avenue, Delray Beach, FL 33444

Heating

Central, Electric

Cooling

Central Air, Electric

Pool Private

No

Year Built Details

Resale

Building Information for 1601 NE 3RD Avenue, Delray Beach, FL 33444

Building Area Total

5146

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Association Fee

0

Security Features

No Fire Protection, No Security

Property Information for 1601 NE 3RD Avenue, Delray Beach, FL 33444

Lot Features

1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Composition Roll

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 1601 NE 3RD Avenue, Delray Beach, FL 33444

Parcel Number

12434609190001081

Tax Annual Amount

$11,290

Tax Year

2,025

Tax Legal Description

PLUMOSA PARK SEC A S 48 FT OF LT 108 & N 27 FT OF LT 109

Zoning

R-1-A (city)

County Or Parish

Palm Beach County

Location