4 photos$1,250,000list price
Per sq ft$934
2 bd · 2 ba · 1,338 sq ft House
263 NE 16TH, DELRAY BEACH, FL 33444
Listing courtesy of Savvy Avenue, LLC. MLS# B26089284.On the MLS · Listed Oct 15
$1,250,000
1638 NE 3RD AVE, DELRAY BEACH, FL 33444
3 beds3 baths1,228 sq ftHouseBuilt 1965
Updated today, November 3, 2026This home against Delray Beach
$1,018 per sq ft, 139% over the Delray Beach median
120 days on the market
$10,228 in property taxes (2025)
11,326 sq ft lot
Private pool
Delray Beach today: 633 homes for sale, median list price $600,000.
About this home
Income-Producing Redevelopment Opportunity in East Delray Beach! Surrounded by newly constructed luxury properties and significant neighborhood transformation, this property presents an outstanding opportunity for builders, developers, investors, or end users seeking long-term value and future upside. The residence is currently leased through 2028 with a scheduled 3% rent increase in 2027, providing immediate cash flow while architectural plans, engineering, permitting, and future redevelopment are pursued. Whether your vision is to renovate and significantly expand the existing residence or construct a new custom estate, this property offers exceptional long-term potential.
Near this home
Elementary school: S. D. Spady Elementary School, 1 mi
Middle school: Carver Middle School, 1.4 mi
High school: Atlantic High School, 0.7 mi
Park: Eagle Park, 0.6 mi
Beach: Delray Public Beach, 2 mi
Grocery: MIA Supermarket, 0.7 mi
Distances from the center of DELRAY BEACH. Schools are nearest by distance, not an attendance zone.
Listing courtesy of Keller Williams Coastal Partners. MLS# B26049769.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed July 6, 2026.
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