Home in 502 SE 3rd Avenue, Delray Beach, FL 33483 for sale with MLS# B26029760
Lot play, not a house sale. Corner lot, 6,510 SF, R-1-A, no HOA, two to three blocks south of Atlantic, walk or bike to the beach. FEMA Zone X. City and CRA street, alley, sidewalk, lighting, and utility work is done. New homes on the block are trading around $2.3M-$3.7M. The 1986 ranch, 1,458 SF, is the teardown, which is why the house price per foot is not the underwriting. Reduced to $980,000, about $151 a land foot. Cover and tour images of a new house are renderings for vision only, not the existing improvement and not an approved plan. Buyer to verify setbacks, coverage, and height with the City of Delray Beach. Cash or conventional. Build in one of East Delray's last downtown-adjacent grids where demand still outpaces available dirt. Osceola Park is the SOFA grid, south of Atlantic. The City and the CRA rebuilt the streets starting in 2020: paved roads and alleys, sidewalks, LED lighting, traffic calming, and new water and sewer, including this quadrant between Southeast 2nd and Southeast 5th Avenues. Builders followed. Modern 3,200-4,000 square foot homes are rising on the same blocks, with finished product offered from about $2.3 million to $3.2 million. From this corner, Atlantic is two to three blocks north and the ocean is a short walk or bike ride east. The opening is a corner lot that has not been rebuilt yet, on a grid where the city work is done and the new houses are already selling. Buyer to verify setbacks, coverage, and height with the City of Delray Beach.Private appointments only. No drop-ins. Investment highlights Lot play, not a house sale. Price the land. 6,510 SF corner, 0.15 acres, R-1-A, no HOA, no association rental restriction Two to three blocks south of Atlantic. Walk or bike to the beach Public infrastructure already spent: CRA / City streets, alleys, sidewalks, lighting, water and sewer Builder proof on the block. New homes trading and shells going up around $2.3M-$3.2M One of the last downtown-adjacent quadrants not fully rebuilt. Northeast Atlantic and the marina are largely done Existing ranch is a teardown canvas Cash or conventional. Showings by appointment
502 SE 3rd Avenue, Delray Beach, FL 33483
- Price:
- $980,000.00
- Original List Price:
- $1,150,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $672.15
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 11, 2026 7:45 pm
- Bedrooms:
- 4
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- Master Bdrm - Ground, Combo Tub/shower
- Living Area:
- 1,458 Sqft
- Built-Up Area:
- 1,538 Sqft
- Lot Area:
- 6,510 Sqft
- Building Area Source:
- Appraiser
- Living Area Source:
- Appraiser
- Lot Features:
- Corner Lot
- Lot Size Acres:
- 0.15
- Waterfront:
- No
- Security:
- Window Bars, Window Bars
- Appliances:
- Refrigerator, Range, Oven
- Interior:
- Bedroom Layout - Split
- Windows:
- Blinds
- Laundry:
- Inside
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Fence:
- Back Yard
- Property Entrance Faces:
- North
- Road Responsibility:
- Public Maintained Road
- Year Built:
- 1986
- Roof:
- Shingle
- Architectural Style:
- Ranch
- Levels:
- One
- Entry Level (floor):
- 1
- Entry Level Location:
- 1
- Construction Materials:
- Concrete Block - With Stucco
- Flooring:
- Laminate, Ceramic Tile
- Number of stories:
- 1
- Structure Type:
- House
- Stories:
- 1
- Road Frontage Type:
- City Street
- Foundation Details:
- Block
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $2,194.42
- Tax Year:
- 2025
- Tax Assessed Value:
- $97,777.00
- Property Tax Details:
- City/County
- Parking Total Spaces:
- 6
- Covered Spaces:
- 0
- Parking Features:
- Concrete
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Membership Details:
- No Membership Available
- Pets Allowed?:
- Yes, No Restrictions
- Lease Number Times per Year Allowed:
- 12
- Subdivision Name:
- OSCEOLA PARK
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Minimum Days per Lease:
- 30
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- OSCEOLA PARK LT 10 BLK 6
- Real Estate Folio Number (Parcel Number):
- 12434621010060100
- Zoning:
- R-1-A (city)
- Elementary School:
- Pine Grove
- High School:
- Atlantic
- Middle Or Junior School:
- Carver Community
- Active on the market since:
- May 18, 2026
- Listing Agreement executed on:
- May 18, 2026
- Price change occurred on:
- August 11, 2026 7:45 pm
- Listing Status Last Changed On:
- May 18, 2026 1:52 pm
- Photos updated on:
- October 5, 2026 5:10 pm
- Last Modified:
- November 9, 2026 3:35 pm
- Courtesy of:
- LPT Realty, LLC
- Attribution:
- Not provided
- Street Name:
- 3rd
- Street Number:
- 502
- City:
- Delray Beach
- State:
- Florida
- Zip Code:
- 33483
- County:
- Palm Beach
- Latitude:
- N26° 27' 11.4''
- Longitude:
- W81° 55' 47.8''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- SE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 502 SE 3rd Avenue, Delray Beach, FL 33483
