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 ...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.
View MoreCourtesy of
Agency Name: Keller Williams Coastal Partners
Agent Name: Cristian Y Ramirez
Agency Phone: 561-209-2500
Presented by
Agent Name: Mona Grillo
Agent Phone: 561.993.6869
Agency Title: Illustrated Properties
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1638 NE 3rd Avenue, Delray Beach, FL 33444.
Email 1638 NE 3rd Avenue, Delray Beach, FL 33444
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