About This Home

This 4-bedroom, 0-bathroom multi-family at 1206 NE 3RD Avenue in Delray Beach, FL is listed for $849,900 ($473 per sqft). Built in 1959, the home offers 1,798 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1959
  • 0.30 acre lot

Property Details

1 story
3 full
1959

Amenities

A/C
Listing Description

Rare oversized 12,937 SF double lot in highly desirable East Delray. Income-producing triplex generating $5,900/month with exceptional redevelopment and value-add potential. Features include impact windows, metal roof, on-site laundry, strong tenants, and single-meter service.

Surrounded by active redevelopment with new duplexes and multifamily projects nearby. Prime location just minutes from Downtown Delray, Atlantic Avenue, beaches, shopping, and dining. Seller may deliver property vacant with 60 days written notice for owner-occupants, investors, or developers seeking immediate flexibility. Sold AS-IS. Do not disturb tenants. Proof of funds or lender pre-approval required prior to showing.

Monthly Cost Estimate

$4,545/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

1206 NE 3RD Avenue

Delray Beach, FL 33444

DELL PARK

Property Details

Flooring

TileTile - CeramicWood

Construction

Concrete

Outdoor Features

PorchPatio

Heating

Electric (Heating)Heat Pump (Heating)Central

Cooling

Central AirHeat PumpCeiling Fan(s)ElectricDuctless

Questions & Answers

This 4-bedroom, 0-bathroom multi-family at 1206 NE 3RD Avenue is listed at $849,900 ($473/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 0.30 acre lot.

This property is listed by Suzanne M Carll.

SC

Suzanne M Carll

License 676381

Agent at LoKation Real Estate

Listed by LoKation Real Estate · Broker phone: (954) 545-5583 · View on Broker Site · Broker website

MLS# B26082570· Source: BeachesMLS· 29 days on PropertySimple

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1206 NE 3RD Avenue, Delray Beach, FL 33444

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