1601 3RD ,Multi Family, Residential-single Family for Sale & Rent

1601 3RD for Sale & Rent

Price $2,100,000.00

• Lot size 5146
• Year Build 1974
• Waterfront
• Zip 33444
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

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

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

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.

City:Delray Beach,Sewer:1:Public Sanitation,2:Sewer,Zoning:R-1-A (city),Cooling:1:Electric,Country:United States,Heating:1:Electric,List A O R:BeachesMLS,Stories:2,Tax Year:2025,Latitude:26.4812548,Cooling Y N:1,Heating Y N:1,List Price:2100000,Listing Id:B26069794,Longitude:-80.0676507,Mls Status:Active,Ownership:Assets Only,Utilities:1:Cable Available,2:Electricity Available,3:Sewer Available,Year Built:1974,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.,Inclusions:Building Only, Business And Building,Postal Code:33444,Street Name:3RD,Coordinates:1:26.4812548,Lot Features:1:Less Than 1 Acre,Photos Count:30,Listing Terms:1:Exchange,Lot Size Acres:0.29,Lot Size Units:Square Feet,M I A M I R E_ Area:4360,On Market Date:2026-08-28,Parcel Number:12434609190001081,Parking Total:12,Property Type:Commercial Sale,Stories Total:2,Street Number:1601,Street Suffix:Avenue,Ownership Type:Assets Only,Public Remarks: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.,County Or Parish:Palm Beach County,Documents Count:1,Expiration Date:2027-02-28,List Office Name:Century 21 Realty Professionals,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4168,Property Sub Type:Multi Family,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:11290,Unparsed Address:1601 NE 3RD Avenue, Delray Beach FL 33444,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Security Features:1:No Security,Year Built Details:Resale,Building Area Total:5146,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Num Floors:2,Number Of Buildings:1,Original List Price:2100000,I D X Participation Y N:1,Number Of Units Total:6,Syndication Remarks: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.,Listing Contract Date:2026-08-28,Originating System I D:miamire,Showing Instructions:24 Hour Notice,See Broker Remarks,Vacant,Street Number Numeric:1601,Tax Legal Description:PLUMOSA PARK SEC A S 48 FT OF LT 108 & N 27 FT OF LT 109,Electric On Property Y N:1,M I A M I R E_ Current Price:2100000,M I A M I R E_ Milesto Beach:1,M I A M I R E_ Municipal Code:12,M I A M I R E_ Year Installed:1974,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Beach 4220a; 4230b; 4360a; 4370b,M I A M I R E_ Parcel Number M L X:1243,M I A M I R E_ Separate Meter Y N:1,Contract Status Change Date:2026-08-28,Distance To Freeway Numeric:2,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:6,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:19,M I A M I R E_ Acreage Description:1/4+ To 1/2 Acre,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Parking Space Number:12,M I A M I R E_ Agent Alternate Phone:561-568-7427,M I A M I R E_ Property Description:MULTI-FAMILY LESS THAN 10,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:553234,Internet Automated Valuation Display Y N:1,