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$980,000

Osceola Park — Delray Beach

4 bd · 2 ba · 1,458 sqft · Built 1986 · Pets: Yes, No Restrictions
502 SE 3rd Avenue, Delray Beach, FL 33483
MLS# B26029760

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.

Costs and association

Property tax was $2,194 in 2025. Ownership is subject to no restrictions.

Master association
No
Annual property tax
$2,194 (2025)
Restrictions
No Restrictions
Pets
Yes, No Restrictions
Gated community
No
Age-restricted community
No

Building and exterior

Built in 1986, on a single level. Construction is Concrete Block - With Stucco. Parking is concrete.

Floors in building
1
Levels
One
Year built
1986
Total building area
1,538 sq ft
Lot size
0.15 acres
Parking
Concrete
Private pool
No
Waterfront
No
Faces
North
Construction
Concrete Block - With Stucco
Roof
Shingle
Security
Window Bars

Interior and finishes

Finished in ceramic tile and laminate. Climate control is central air with central heat. The plan runs to 3 rooms with 2 full bathrooms. Interior features include bedroom layout - split.

Bedrooms
4
Full bathrooms
2
Total rooms
3
Living area
1,458 sq ft
Flooring
Ceramic Tile, Laminate
Interior features
Bedroom Layout - Split
Appliances
Oven, Refrigerator, Range
Cooling
Central Air
Heating
Central
Rooms
Kitchen, Living Room, Master Bedroom

Location and market

Listed on 18 May 2026, and on the market 89 days. The price has come down from $1,150,000. Assigned schools are Pine Grove, Carver Community and Atlantic.

Date listed
18 May 2026
Days on market
89
Original list price
$1,150,000
Price per sq ft
$788.75
Elementary school
Pine Grove
Middle school
Carver Community
High school
Atlantic
Utilities
Electricity Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Photographs
9

Inquire about this home

Courtesy of LPT Realty, LLC. Listing data via BeachesMLS IDX. Information deemed reliable but not guaranteed.

Location

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