Modern Living Group
Downtown Delray Beach Residence
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$1,150,000ACTIVE

502 SE 3rd Avenue, Delray Beach, FL 33483

4beds2baths1,458sq ft$789/ sq ft
THE RESIDENCE

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.

THE DETAILS

Property details

List Price$1,150,000
Price / Sq Ft$789
Bedrooms4
Bathrooms2
Inside Sq Ft1,458
Lot Size0.15 acres
Year Built1986
PoolNo
Garage6
FlooringCeramic Tile, Laminate
Days on Market36
Property TypeSingleFamilyResidence
MLS #B26029760
StatusActive
Original List Price$1,150,000
Total Sq Ft1,538
StyleRanch
Show all details (10 more)
PetsAllowed (restrictions)
Stories1
WaterfrontNo
Direction FacesNorth
Annual Taxes (2025)$2,194
Elementary SchoolPine Grove
Middle SchoolCarver Community
High SchoolAtlantic
CityDelray Beach
Zip Code33483
LOCATION

Where you'll live

Downtown Delray Beach

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Christa Hatton
FEATURED AGENT
Christa Hatton
Downtown & Delray Beach Specialist
Boca Raton / Delray Specialist

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