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Spacious Compound Near Pineapple Grove
For Sale
$2,700,000

1650 NE 3rd Avenue, Delray Beach, FL 33444

Commercial Sale, Delray Beach, FL

Property Size4,360 SF
Lot Size0.33 Acres
Price / SF$619.27
Days on Market166

Property Features for 1650 NE 3rd Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-1-AA
Parking 8
Subdivision 4360
Standard status Active
APN 12434609190001010
Size 4,360 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PLUMOSA PARK SEC A LOT 101
Tax Annual Amount 13046
Legal Description PLUMOSA PARK SEC A LOT 101

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

pool

Building Details

Year built 1965
Floors in Building 1
Number of units 1
Flooring type Tile
Roof type Composition
Listing Agency: FPB Investment Properties, Inc
Listed By: Roman Fischer · License #3284948
Added: Mar 11 Changed: Aug 19 Last Checked: Aug 23 at 2:06PM
MLS# B26000389

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.

Investment Insights

Based on property information with market context.

This spacious compound, encompassing over 5000 square feet, is located steps from Pineapple Grove and downtown Delray Beach. The property, zoned R-1-AA, offers a versatile layout and presents an investment opportunity suitable for an assisted living facility or short-term rental. The property includes a total of 5 bedrooms and 5 bathrooms. The original 1336 square foot residence, built in the 1960s, features 2 bedrooms and 2 bathrooms. A 3000+ square foot addition, completed in 2024, seamlessly connects to the original home and includes a 2-car garage, 3 bedrooms, and 3 bathrooms. The entire property surrounds a newly built pool, creating an indoor/outdoor living space. Situated on a 0.33-acre lot, the property offers room for further development. The existing layout allows for the potential to double the number of bedrooms, maximizing its potential.

Key Highlights

  • Prime location: Steps from Pineapple Grove and downtown Delray.
  • Sizeable 5000+ SF compound with versatile layout.
  • Newly built pool creating functional indoor/outdoor living space.**

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33444, FL

22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Assisted living facility - Versatile property ideal for assisted living or short-term rental.
Where is this assisted living facility located?
The property is located at 1650 NE 3rd Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Prime location: Steps from Pineapple Grove and downtown Delray.; Sizeable 5000+ SF compound with versatile layout.; Newly built pool creating functional indoor/outdoor living space.**
More about this property
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