502 Se 3Rd Ave, Delray Beach, FL 33483
For Sale $980,000
Request Club Info by Email
Calculate Your Payment
Like this listing?
Contact the Listing Agent directly:
Listing Agent: Rebekah Lee Urbina
Agent Phone:
561-827-8469
Agent Email:
becky@terrabuckleygroup.com
Share Property
Save Property
View Virtual Tour
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
Bedroom Layout - Split
Taxes: $2,194.42
Tax Year: 2025
Back Yard
Oven
Refrigerator
Range
Elementary School: Pine Grove
Middle School: Carver Community
Junior High: Carver Community
High School: Atlantic
Building Description: Ranch
MLS Area: 4370
Total Square Footage: 1,538
Price per Square Feet: $672.15
Total Rooms: 3
Total Floors: 1
Water: Public
Construction: Concrete Block - With Stucco
Date Listed: 2026-05-18 00:00:00
Windows: Blinds
Parking: Concrete
Flooring: Ceramic Tile, Laminate
Roof: Shingle
Heating: Central
Cooling: Central Air
Security: Window Bars
Laundry: Inside
Pets: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Corner Lot
Parcel ID: 124346210100601
Listing Courtesy Of: Lpt Realty, Llc
becky@terrabuckleygroup.com
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
Property Details
Price: $980,000
Sq Ft: 1,458
($672 per
sqft)
Bedrooms: 4
Bathrooms: 2
City: Delray Beach
County: Palm Beach
Type: Single Family
Development: Osceola Park
Acres: 0.1500
Virtual Tour/Floorplan: View
Year Built: 1986
Listing Number: B26029760
Status Code: A-Active
Taxes: $2,194.42
Tax Year: 2025
Garage:
Pets Allowed: Yes, No Restrictions
Interior Features:
Bedroom Layout - Split
Financial Information:
Taxes: $2,194.42
Tax Year: 2025
Exterior Features:
Back Yard
Equipment:
Oven
Refrigerator
Range
School Information:
Elementary School: Pine Grove
Middle School: Carver Community
Junior High: Carver Community
High School: Atlantic
Additional Information:
Building Description: Ranch
MLS Area: 4370
Total Square Footage: 1,538
Price per Square Feet: $672.15
Total Rooms: 3
Total Floors: 1
Water: Public
Construction: Concrete Block - With Stucco
Date Listed: 2026-05-18 00:00:00
Windows: Blinds
Parking: Concrete
Flooring: Ceramic Tile, Laminate
Roof: Shingle
Heating: Central
Cooling: Central Air
Security: Window Bars
Laundry: Inside
Pets: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Corner Lot
Parcel ID: 124346210100601
Map of 502 Se 3Rd Ave, Delray Beach, FL 33483
Listing Courtesy Of: Lpt Realty, Llc
becky@terrabuckleygroup.com