27
Map
$2,700,000
●
House -
For Sale
1650 NE 3rd Avenue
Delray Beach, FL 33444
5 Beds
5 Baths
4,000 Ft²
$14,390
Est. Monthly
About This Property
This spacious 5000+ SF compound offers endless possibilities, just
steps from Pineapple Grove and downtown Delray. With its versatile
layout and prime location, this property presents a great
investment opportunity, ideal for an assisted living facility or a
short-term rental. The property consists of 5 bedrooms and 5
bathrooms. The original 1960s home, a 1336 SF residence with 2
bedrooms and 2 bathrooms, seamlessly connects to a 3000+ SF
addition completed in 2024. This expansion includes a 2-car garage,
3 bedrooms, and 3 bathrooms. The entire property surrounds a newly
built pool, creating a functional indoor/outdoor living space. This
property sits on a large lot with room for further development. The
existing layout allows you to double the number of bedrooms,
maximizing its potential
Unit Size
4,000 Ft²
Days on Market
209 days
Land Size
-
Price per sqft
$675
Property Type
House
Property Taxes
$1,133
HOA Dues
-
Year Built
1965
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #B26018069)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2026 | Listed by FPB Investment Properties, Inc | $2,700,000 | |
| Listed by FPB Investment Properties, Inc | |||
| Mar 11, 2026 | Listed by FPB Investment Properties, Inc | $2,700,000 | |
| Listed by FPB Investment Properties, Inc | |||
   | |||
|
This spacious 5000+ SF compound offers endless possibilities, just steps from Pineapple Grove and downtown Delray. With its versatile layout and prime location this property presents a great investment opportunity, ideal for an assisted living facility or a short-term rental. The property consists of 5 bedrooms and 5 bathrooms. The original 1960s home, a 1336 SF residence with 2 bedrooms and 2 bathrooms, seamlessly connects to a 3000+ SF addition completed in 2024. This expansion includes a 2 car garage, 3 bedrooms and 3 bathrooms. The entire property surrounds a newly built pool, creating a functional indoor/outdoor living space. This property sits on a large lot with a room for further development. The existing layout allows you to double the number of bedrooms, maximizing its potential
| |||
| Apr 7, 2020 | Sold | ||
| Sold | |||
| Jan 22, 2018 | Sold | ||
| Sold | |||
| Dec 20, 2017 | Listed by RealVantage Real Estate Corp. | $229,000 | |
| Listed by RealVantage Real Estate Corp. | |||
| | |||
|
Great starter or second home. Near beaches and downtown Delray Beach Original Terrazzo floors, Huge yard, Next to open field no Neighbors on North side. Priced to sell now!!
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 3
Interior Details
Full Bathrooms: 5
Interior Features: None, TubShower
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Oven, Refrigerator, Washer
Flooring Type: Carpet, Tile
Rooms: 4
Exterior Details
Square Footage: 4000
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Year Built: 1965
Waterfront Features: None
Building Area Total: 5100
Levels: One
Construction Materials: Block, CBSConcreteBlockStructure
Pool is Private
Water Source: Public
Financial Details
Tax Annual Amount: $13,590
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Plumosa Park
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Listed by: Roman Fischer
FPB Investment Properties, Inc
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26018069
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
FPB Investment Properties, Inc
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26018069
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017