Home Florida Miami Single Family Homes Delray Beach

Single Family Home

$ 1,250,000

3 bed
3 bath
11,323 ft2 (1,053 m2)

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Details

- Listed on:
  July 07, 2026
- Days on Market:
  -
- Maintenance:
  n/a
- Taxes:
  $ 10,228 per year
- Year:
  1965
- Furniture:
  -
- Floor Description:
  Tile
- Terms Considered:
  Cash, Conventional
- View from Apartment:
  -
- Parking:
  -
Building Features:
- Landscaped
Interior Features:
- Built-in Features
- Cooking Island
- Storage
- Utility Room/Laundry
Exterior Features:
- East Of Us1
- Fruit Trees
Legal Description:
200 east palmetto park condo unit ph -1

Description

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.

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