by Global Lifestyle Properties

See Home Value
$590,000
● House - Off Market

3218 Palm Drive

Delray Beach, FL 33483
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,048 Ft²
$777,048
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

3 Bedroom 3 bath SFH with private pool located in East Delray Beach with NO Mandatory HOA Rules or Fees. Off-street parking, large spacious fenced back yard offers plenty of privacy for entertaining, pets and children.

Pet friendly, community along the Intracoastal Waterway has only 1 entry into the neighborhood & no drive-through traffic. Less than 3 miles north of Atlantic Ave & the beach.

GREAT RENTAL INCOME POTENTIAL!  The property is located in a small Unincorporated Palm beach Pocket of Delray Beach, all types of rentals are possible. Great for weekly, monthly seasonal & annual rental income.

The home has been configured for you to reside in the main house, rent the 2 units with separate entrances for $60K annual revenue, or use as guest suite or live-in help or home office. The community has public water & sewer, a voluntary homeowner's association maintains fee of voluntary $120/year donation to help maintain the front entrance.
Unit Size
2,048 Ft²
Days on Market
52 days
Land Size
0.17 acres
Price per sqft
$305
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1948

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Last updated: 3 months ago (Beaches MLS #R10683284)

Price History

Date / Event Date Event Price
May 5, 2026 Sold
Sold
Mar 4, 2026 In contract -
In contract
Feb 20, 2026 Listed by EXP Realty LLC $1,000,000
Listed by EXP Realty LLC
GREAT RENTAL INCOME POTENTIAL! This fully-furnished 3-bedroom, 3-bath home with a private pool and hot tub was configured as a pet -friendly vacation rental with strong short-term rental history The new owner can reside in the main house, and rent the other two units with separate entrances for rental income, or use them as guest suites, live-in help, or home offices. The roof was replaced in 2021 with new solar panels to reduce the cost of electricity. With only one entrance, the neighborhood enjoys minimal traffic, a private feel, and a strong sense of community, while remaining just 2.5 miles Delray Beach's award-winning dining, beaches, shopping, and nightlife along Atlantic Ave. Easy access to Boca Raton, Palm Beach, Brightline high-speed train stations and FLL and PBi airports. Tradewinds Estates is one of East Delray Beach's most sought-after Intracoastal neighborhoods, where quiet coastal living meets exceptional long-term upside. 3218 Palm Drive offers a rare hybrid opportunity: enjoy the home now, generate rental income immediately, or plan a future luxury dream home. This single-story home has strong short-term rental history located in unincorporated Palm Beach County that offers advantages rarely found this close to the water. No mandatory HOA fees or rules, No rental restrictions (Airbnb/short-term friendly), Builder-friendly county codes (not subject to city restrictions), County-only property taxes and public water & sewer. Whether you are a homeowner seeking coastal living, an investor looking for immediate rental income, or a buyer planning to build a future luxury estate in a proven appreciation corridor, 3218 Palm Drive delivers flexibility, lifestyle, and upside in one of the fastest-evolving neighborhoods in East Delray Beach.
Oct 18, 2021 Sold
Sold
Mar 22, 2021 Sold
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 14
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,205
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,734
  • Gross Building Area: 1,734
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRADE WINDS ESTS FIRST ADD
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRADE WINDS ESTS FIRST ADD S 35 FT OF LT 3 & N 1/2 OF LT 4

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006301

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 330
  • Parcel: 00-43-46-04-18-000-0031
  • Lot: 3,4
  • Meridian: SEC 04 TWN 46S RNG 43E
  • Municipality: UNINCORPORATED
  • Latitude: 26.4959
  • Longitude: -80.0612

    Address

  • Full Address: 3218 Palm Dr
  • Address - House Number: 3218
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 6217
  • Zip Code: 33483

Valuation

    Tax

  • Total Area: 1,621
  • Tax Year: 2023
  • Tax Amount: $1,015,624
  • Tax Rate Code Area: 354

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 762,258
  • High Value: 910,702
  • Low Value: 613,814

    Market Valuation

  • Market Total Value: $642,378
  • Market Land Value: $426,753
  • Market Improvement Value: $215,625

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,452

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210478445
  • Previous Sale Recording Date: Mar 22, 2021
  • Previous Sale Contract Date: Mar 03, 2021
  • Previous Sale Amount: $590,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Trade Winds Estates South


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Frequently Asked Questions

When was property at 3218 Palm Drive built and last sold?
The property at 3218 Palm Drive was built in 1948 and last sold on Oct 13, 2021 for $489,000.
How much is this home worth?
The estimated value of the home located at 3218 Palm Drive is $0.
What are some comparable homes to 3218 Palm Drive?
There are currently no comparable homes to 3218 Palm Drive.