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$2,100,000
32 Days On Site

1601 NE 3RD Avenue
Delray Beach, FL 4168

For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
5,146
SqFt
$408
/SqFt
1974
Built
County:
Palm Beach
Call Now: 1-561-540-8122
Is this the listing for you? We can help make it yours.
1-561-540-8122
1601 NE 3RD Avenue1601 NE 3RD Avenue1601 NE 3RD Avenue1601 NE 3RD Avenue
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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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Listing Snapshot
Price 
$2,100,000
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,146 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
1974
MLS® Number 
B26069794
Status 
Active Under Contract
Property Tax 
$11,290.53
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active Under Contract
a month agoListing first seen on site
General Features
Acres 
0.29
Levels 
Two
Number Of Stories 
2
Parking Spaces 
12
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5146
Utilities 
Cable AvailableElectricity ConnectedSewer Connected
Water Source 
Public
Zoning 
R-1-A (city)
Interior Features
Cooling 
Central AirElectric
Heating 
CentralElectric
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Exterior Features
Construction Details 
Block
Roof 
Composition
Community Features
MLS Area 
4360
Financing Terms Available 
Cash1031 Exchange
Listing courtesy of Realty Professionals Inc

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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-09-30 04:38 PM UTC

Neighborhood & Commute
Source: Walkscore
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JUST CLICK: START AN OFFER

OR CALL REAL ESTATE BROKER

ALICE LONNQVIST

PHONE: 1-561-540-8122