502 SE 3rd Avenue
Delray Beach, FL, 33483 $ 1,150,000
Bedrooms4 Baths2.0 Sq 1,458 Monthly Estimate*
$ 7,081
for $1,150,000 with 4 bedrooms and 2 full baths. This 1,458 square foot home was built in 1986 on a lot size of 0.15.
Imagine crafting your dream luxury residence on this exceptional 6,510 sq ft lot in one of Delray's hottest regentrifying neighborhoods. Currently improved with a 1986-built 4-bedroom, 2-bath ranch (approx. 1,458 sq ft), this property represents a rare tear-down canvas for visionary developers and discerning buyers seeking to create a signature spec home or private estate. Envision an elevated modern coastal masterpiece — open-concept living, resort-style outdoor spaces, smart-home technology, and high-end finishes — perfectly positioned to capture the essence of "Village by the Sea" luxury. AI renderings available to help buyers visualize the transformative potential. Unmatched Walkability & Lifestyle Proximity: Unmatched Walkability & Lifestyle Proximity: Atlantic Avenue: Just 2-3 short blocks (an easy 5-minute stroll) north via local streets. You're moments from the energy of downtown Delray — world-class dining (Bourbon Steak, Deck 84), boutique shopping, art galleries, festivals, and nightlife. The Beach: Approximately 0.6-0.8 miles east — a pleasant 10-15 minute walk, quick bike ride, or golf cart jaunt to pristine Atlantic Ocean sands and public beach access. Intracoastal Waterway & More: Minutes to waterfront dining, boating, and recreation. Everyday conveniences, parks, and the vibrant Osceola Park neighborhood are right outside your door. Osceola Park is undergoing significant revitalization with improved infrastructure, upgraded sidewalks, decorative lighting, and an influx of luxury infill development. This pocket attracts affluent buyers and investors drawn to the perfect blend of historic charm, walkable urban energy, and coastal proximity — all while property values continue their strong upward trajectory. This is more than a lot — it's a gateway to creating a one-of-a-kind luxury home in a location where demand far outpaces supply. Whether building for personal enjoyment, as a high-end spec home, or for the luxury rental market, 502 SE 3rd Avenue delivers unparalleled lifestyle and investment upside. Schedule your private site tour today and let's bring your vision for Delray luxury to life. Kindly schedule appointment. No drop ins.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Oven Range Refrigerator
Architectural Style Ranch
Security Features Window Bars
Pets Allowed No Pet Restrictions Yes
Year Built 1986
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Accessibility None
County Palm Beach
New Construction false
Property Type Residential
Subdivision Name OSCEOLA PARK
Facing Direction North
Garage Y/N false
Full Baths 2
Status Active
High School Atlantic
City Delray Beach
Senior Community Y/N false
MLS Area 4370
Carport Y/N false
Elementary School Pine Grove
Land Lease Y/N false
Tax Annual Amount 2194.42
Middle/Junior High School Carver Community
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/502-SE-3rd-Avenue-Delray-Beach-FL-33483/unbranded
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Single Family Residence
Legal Description OSCEOLA PARK LT 10 BLK 6
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InteriorInterior Amenities Main Level Primary Split Bedrooms Tub Shower
Flooring Ceramic Tile Laminate
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 4
Total Baths 2
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ExteriorFencing Back Yard
Parking Features Concrete
Lot Features Corner Lot None
Water Source Public
Total Parking 6
Lot Size Area 6510
Foundation Details Block
Spa false
Building Area Total 1538
Lot Size Acres 0.15
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type City Street
Other Equipment None
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByRebekah Lee UrbinaListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $7,081
- Monthly Property Taxes
- $183
- 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.
Learn more about how to save NearbySingle family listings in Delray Beach, FL
Average List Price $1,829,656
Percent of Sale Price 59%
About Delray Beach, FL 66,998 Population
11% Since 2002
$ 55,643 Median Income
46.56 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
3882623 Elementary School
739110 Middle School
Atlantic High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/18/2026 | $1,150,000 | | Listed Price |