$1,850,000

Estimated payment $11,262/month

0.2 Acres
$9,250,000 Price per Acre
8,882 Sq Ft Lot

About This Lot

506 NE 3rd Avenue presents an exceptional opportunity to acquire a premier 8,886 square foot vacant homesite in the highly sought-after neighborhood of Del Ida Park, one of East Delray Beach's most desirable and rapidly evolving coastal communities. Ideally positioned just moments from Atlantic Avenue, the Intracoastal Waterway, and Delray Beach's pristine shoreline, this offering provides a rare chance to create a custom luxury residence in the heart of one of South Florida's most vibrant lifestyle destinations. The property is being offered with seller-provided conceptual drawings illustrating the potential to construct an extraordinary new 5,471 square foot coastal-inspired dream home thoughtfully designed by Randall Stofft. The proposed residence incorporates timeless coastal architecture, expansive indoor-outdoor entertaining spaces, resort-style amenities, and a modern open floor plan tailored for both everyday living and refined entertaining. Surrounded by newly developed luxury residences and architecturally significant homes, Del Ida Park has quickly emerged as one of Palm Beach County's most coveted residential enclaves for buyers seeking walkability, privacy, and proximity to downtown Delray Beach. Residents enjoy effortless access to award-winning restaurants, boutique shopping, marinas, private clubs, and the vibrant energy of Atlantic Avenue while maintaining the charm and tranquility of a quiet tree-lined neighborhood. Opportunities to secure a vacant lot of this size and caliber in East Delray Beach are increasingly limited, particularly within such close proximity to the area's premier lifestyle amenities and waterfront attractions. Whether envisioned as a personal legacy estate, luxury seasonal retreat, or speculative development opportunity, 506 NE 3rd Avenue represents a compelling investment in one of South Florida's strongest luxury residential markets.

Listing Agent

Andrew Maggiore

SDG Real Estate LLC License #3281943 Listed on: 05/15/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,739

Lot Details

  • 8,882 Sq Ft Lot
  • Lot Dimensions are 60x151
  • East Facing Home
  • Property is zoned RL (city)

Schools

  • Plumosa School Of The Arts K-8 Elementary School
  • Atlantic High School

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Del Ida Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609290080110

Property Details

Property Type

Land

Est. Annual Taxes

$16,739

Lot Details

8,882 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: < 1/4 Acre
  • Road Surface Type: Asphalt
  • Waterfront: No
  • Direction Faces: East
  • Property Condition: To Be Built

Utilities

  • Electric: Underground
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Plumosa School of the Arts K-8
  • High School: Atlantic

Lot Info

  • Parcel #: 12434609290080110
  • Current Use: Residential, Single Family
  • Development Status: Proposed
  • Lot Size Acres: 0.2
  • Lot Size: 60x151
  • Lot Size Sq Ft: 8881.88
  • Number Of Lots: 1
  • Mobile Dim Units: Feet
  • Additional Parcels: No
  • Zoning: RL (city)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16739.07

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 For Sale $1,850,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: B26028785

BeachesMLS (Greater Fort Lauderdale)
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