$1,850,000

Estimated payment $11,388/month

Total Views 1,583
0.2 Acres
$9,073,075 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.

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

  • Atlantic High School

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

  • Property Type: Land/Boat Docks
  • Property Sub Type: Agriculture
  • Horses: No
  • Lot Size Acres: 0.2039
  • Lot Size: 60x151
  • New Construction: No
  • Structure Type: Unimproved Agri/Recreatn/Moblhome
  • Subdivision Name: DEL IDA PARK
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 1850000
  • Special Features: VirtualTour

Exterior Features

  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre, Build To Suit
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Build To Suit, Compressed Natural Gas, Pedestrian Traffic
  • Electric: Underground
  • Electricity On Property: Yes
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Atlantic

Lot Info

  • Parcel Number: 12434609290080110
  • Additional Parcels: No
  • Lot Size Sq Ft: 8882
  • Zoning: RL (city)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16739

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/14/2026 05/14/26 For Sale $1,850,000 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: B26028785

MIAMI REALTORS® MLS
Your Personal Tour Guide

Ask me questions while you tour the home.