1 / 9
Osceola Park — Delray Beach
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
Location
Similar homes for sale

Brand new Luxury Residences - ONIX Delray Beach. This exquisite boutique building presents a rare opportunity to experience luxurious living at its…

Introducing the ONIX Residences of Delray Beach! This exquisite boutique residence presents a rare opportunity to experience luxurious living at its finest.…

With only 26 exquisite boutique residences, this stunning property is located in one of the most desirable destinations in the world, just…

Exquisite new contemporary estate by Marc Julien in East Delray Beach, offering 5 bedrooms, an office, and a three-car garage. The open-concept…

A striking expression of modern design, this newly constructed residence by Marc Julien Homes offers a seamless blend of architecture, light, and…

Your saved listings
Send these to a B Realtors specialist — we’ll confirm availability and the right fit for your season.