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506 NE 3rd Avenue Delray Beach, FL $ 1,850,000
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506 NE 3rd Avenue
$ 1,850,000
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506 NE 3rd Avenue

Delray Beach, FL, 33444
$ 1,850,000
Baths0.0

Monthly Estimate*

$ 11,391

​
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Studio

Lots and Land for sale in Delray Beach, FL

for $1,850,000. The lot size is 0.2.

506 NE 3rd Avenue presents an exceptional opportunity to acquire a premier 8,886 square foot vacant homesite in the highly sought-after neighborhood of Del Ida Park, one of East Delray Beach's most desirable and rapidly evolving coastal communities. Ideally positioned just moments from Atlantic Avenue, the Intracoastal Waterway, and Delray Beach's pristine shoreline, this offering provides a rare chance to create a custom luxury residence in the heart of one of South Florida's most vibrant lifestyle destinations. The property is being offered with seller-provided conceptual drawings illustrating the potential to construct an extraordinary new 5,471 square foot coastal-inspired dream home thoughtfully designed by Randall Stofft. The proposed residence incorporates timeless coastal architecture, expansive indoor-outdoor entertaining spaces, resort-style amenities, and a modern open floor plan tailored for both everyday living and refined entertaining. Surrounded by newly developed luxury residences and architecturally significant homes, Del Ida Park has quickly emerged as one of Palm Beach County's most coveted residential enclaves for buyers seeking walkability, privacy, and proximity to downtown Delray Beach. Residents enjoy effortless access to award-winning restaurants, boutique shopping, marinas, private clubs, and the vibrant energy of Atlantic Avenue while maintaining the charm and tranquility of a quiet tree-lined neighborhood. Opportunities to secure a vacant lot of this size and caliber in East Delray Beach are increasingly limited, particularly within such close proximity to the area's premier lifestyle amenities and waterfront attractions. Whether envisioned as a personal legacy estate, luxury seasonal retreat, or speculative development opportunity, 506 NE 3rd Avenue represents a compelling investment in one of South Florida's strongest luxury residential markets.

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Lots and Land Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 16,739

Style

Lot Size

0.2

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

B26028785
Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Development Status Proposed
Electric Underground
Property Subtype Unimproved Land
Tax Year 2025
Current Use Residential Single Family
County Palm Beach
Property Type Land
Subdivision Name DEL IDA PARK
Facing Direction East
Status Active
High School Atlantic
City Delray Beach
MLS Area 4360
Lot Size Square Feet 8881.88
Elementary School Plumosa School of the Arts K-8
Tax Annual Amount 16739.07
Property Condition To Be Built
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/506-NE-3rd-Avenue-Delray-Beach-FL-33444/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
Legal Description DEL IDA PARK LT 11 BLK 8 (DEL-IDA PARK HISTORIC DISTRICT)
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Interior
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Public
Lot Dimensions 60x151
Lot Size Acres 0.2
Road Surface Type Asphalt
Waterfront Y/N false
Number of Lots 1
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* Excluded Features
List By
Andrew Maggiore

Listing Agent

Affordability Calculator

$12,786
Per Month
89%
11%
0%
Monthly Principal & Interest
$11,391
Monthly Property Taxes
$1,395
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
4802314 Middle School
Atlantic High School High School
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Pricing History
Date Price Price Change Description
5/15/2026 $1,850,000 Listed Price

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506 NE 3rd Avenue, Delray Beach, FL, 33444 is a Lots and Land for sale at $1,850,000 with a lot size of 0.2. 506 NE 3rd Avenue is a studio with 0.0 baths. The property's zip code is 33444 which is in Delray Beach, FL

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