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    327 SE 3Rd Ave Delray Beach, FL 33483

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    For Sale
    $999,995

    Duplex on oversized lot, development potential in Delray Beach.

    Lot size:
    0.19 Acres

    Property Features for 327 SE 3Rd Ave

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1950

    Source: Compass Florida LLC Agent Ryan Douglas Vandersnow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Duplex in Osceola Park

    Located at 327 SE 3rd Ave in the Osceola Park neighborhood of Delray Beach, this property presents a multifamily opportunity. The property is currently configured as a duplex generating $4,000 per month in income. Situated east of Swinton and three blocks south of Atlantic Ave, the property occupies an oversized 8,293 sq ft lot. The site allows for the construction of a 4,200 sq ft single-family pool home with a detached garage and roof deck. The roof deck has structural integrity to support a second story. Plans, builder cost schedule, and approvals/permits are available. Osceola Park is described as an emerging single-family neighborhood with new construction approaching $1,000 per sq ft.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0696937
    Latitude
    26.4551264

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    FAQs

    What type of property is this?
    Duplex - Duplex on oversized lot, development potential in Delray Beach.
    Where is this duplex located?
    The property is located at 327 SE 3Rd Ave Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $999,995.
    What are key features of this property?
    This property features: - Income-generating duplex currently renting for $4,000/month; - Oversized 8,293 sq ft lot in desirable Osceola Park; - Approved plans and permits available for a 4,200 sq ft single-family pool home with detached garage and roof deck
    (201) 446-1737
    Request Owner's contact information
    327 SE 3Rd Ave Delray Beach, FL 33483
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    Delray Beach, FL 33483
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    327 SE 3Rd Ave Delray Beach, FL 33483
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