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1601 NE 3RD Avenue Delray Beach, FL $ 2,100,000
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1601 NE 3RD Avenue
$ 2,100,000
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1601 NE 3RD Avenue

Delray Beach, FL
$ 2,100,000
Bedrooms-- Baths-- Sq 5,146

Monthly Estimate*

$ 13,260

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Commercial Property for sale in Delray Beach, FL

for $2,100,000. This 5,146 square foot building was built in 1974 on a lot size of 0.29.

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.

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Commercial Active

Price

$ 2,100,000

Property Type

Commercial

Taxes

$ 11,290

Style

Lot Size

0.29

Year Built

1974

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

B26069794
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Connected Sewer Connected
Possession Close Of Escrow
Roof Composition
HOA Fee 0
Security Features None
Construction Materials Block
Year Built 1974
Electric Other
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
Business Type Residential
Accessibility None
County Palm Beach
New Construction false
Property Type Commercial Sale
Status Active
Directions Head E on Woolbright Rd from I95. Head S on Seacrest Blvd. Seacrest turns into NE 2nd. You will turn E onto NE 16th St and the building will be at the end of the street in front of you off of NE 3rd ave.
City Delray Beach
Number Of Units Total 6
MLS Area 4360
Tax Annual Amount 11290.53
Property Condition Resale
MLS Area Minor PB06
Virtual Tour https://www.propertypanorama.com/1601-NE-3RD-Avenue-Delray-Beach-FL/unbranded
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Multi Family
Legal Description PLUMOSA PARK SEC A S 48 FT OF LT 108 & N 27 FT OF LT 109
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features 1/4 to 1/2 Acre Lot
Water Source Multiple Meters Public
Total Parking 12
Lot Size Area 12632.4
Number of Buildings 1
Building Area Total 5146
Lot Size Acres 0.29
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* Excluded Features
List By
Abbey Adair

Listing Agent

Affordability Calculator

$14,200
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,260
Monthly Property Taxes
$941
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/28/2026$2,100,000 Listed Price

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1601 NE 3RD Avenue, Delray Beach, FL, is a Commercial Property for sale at $2,100,000 with 5,146 sqft and a lot size of 0.29. 1601 NE 3RD Avenue was built in 1974. The property's zip code is which is in Delray Beach, FL

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