502 SE 3rd Avenue
Delray Beach, FL 33483
$1,000,000
$686/ft²
About this home
Imagine crafting your dream luxury residence on this exceptional 6,510 sq ft lot in one of Delray's hottest regentrifying neighborhoods. Currently improved with a 1986-built 4-bedroom, 2-bath ranch (approx. 1,458 sq ft), this property represents a rare tear-down canvas for visionary developers and discerning buyers seeking to create a signature spec home or private estate. Envision an elevated modern coastal masterpiece — open-concept living, resort-style outdoor spaces, smart-home technology, and high-end finishes — perfectly positioned to capture the essence of "Village by the Sea" luxury. AI renderings available to help buyers visualize the transformative potential. Unmatched Walkability & Lifestyle Proximity: Unmatched Walkability & Lifestyle Proximity: Atlantic Avenue: Just 2-3 short blocks (an easy 5-minute stroll) north via local streets. You're moments from the energy of downtown Delray — world-class dining (Bourbon Steak, Deck 84), boutique shopping, art galleries, festivals, and nightlife. The Beach: Approximately 0.6-0.8 miles east — a pleasant 10-15 minute walk, quick bike ride, or golf cart jaunt to pristine Atlantic Ocean sands and public beach access. Intracoastal Waterway & More: Minutes to waterfront dining, boating, and recreation. Everyday conveniences, parks, and the vibrant Osceola Park neighborhood are right outside your door. Osceola Park is undergoing significant revitalization with improved infrastructure, upgraded sidewalks, decorative lighting, and an influx of luxury infill development. This pocket attracts affluent buyers and investors drawn to the perfect blend of historic charm, walkable urban energy, and coastal proximity — all while property values continue their strong upward trajectory. This is more than a lot — it's a gateway to creating a one-of-a-kind luxury home in a location where demand far outpaces supply. Whether building for personal enjoyment, as a high-end spec home, or for the luxury rental market, 502 SE 3rd Avenue delivers unparalleled lifestyle and investment upside. Schedule your private site tour today and let's bring your vision for Delray luxury to life. Kindly schedule appointment. No drop ins.
Property details
Listing
- MLS #
- B26029760
- Status
- For sale
- Listed on
- May 18, 2026
- Days on market
- 84 days
- Listing data updated
- Aug 7, 2026
Interior
- Beds
- 4
- Baths
- 2
- Living area
- 1,458 ft²
- Price per ft²
- $686/ft²
Building & community
- Type
- Single-family home
- Year built
- 1986
- County
- Palm Beach
Lot & exterior
- Lot size
- 6,510 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $5,057
- Property taxes (est.)
- $917
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$6,574*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$5,057/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of LPT Realty, LLC.
Rebekah Lee Urbina · 561-827-8469 · becky@terrabuckleygroup.com · 877-366-2213
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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