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Residential Income Property
For Sale
$1,199,000

405 NE 3rd Avenue, Delray Beach, FL 33444

The property carries residential-office zoning and sits near Atlantic Avenue, the beach, and Pineapple Grove.

Property Size1,326 SF
Days on Market11

Property Features for 405 NE 3rd Avenue

General Information

Standard status Active
Size 1,326 SF
Property subtype Duplex
Zoning residential - office

Taxes and HOA fees

Annual Taxes $13,796

Building Details

Building Size 1,326 SF
Year Built 1968
Listing Agency: Engel & Voelkers Delray Beach
Listed By: Catherine A McGlennon · License #3049355
Source: Meyerlucas
Added: Aug 14 Changed: Aug 24 Last Checked: Aug 23 at 2:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Voelkers Delray Beach

Investment Insights

Based on property information with market context.

This residential income property is located at 405 NE 3rd Avenue in Delray Beach, Florida. The building dates to 1968 and is identified with residential-office zoning.

The property is situated in downtown Delray Beach, with walkable access to Atlantic Avenue and the beach. Pineapple Grove is also located nearby, providing additional downtown context for the property.

Key Highlights

  • Residential income property at 405 NE 3rd Avenue
  • Residential‑office zoning
  • Built in 1968

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Florist Fish Market Tattoo & Piercing 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.

Location Intelligence

Trade Area within ½ mile

3,235
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Residential income property - The property carries residential-office zoning and sits near Atlantic Avenue, the beach, and Pineapple Grove.
Where is this residential income property located?
The property is located at 405 NE 3rd Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Residential income property at 405 NE 3rd Avenue; Residential‑office zoning; Built in 1968
More about this property
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