506 NE 3rd Ave Delray Beach, FL 33444
Downtown Delray Beach NeighborhoodEstimated payment $11,262/month
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
- 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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: B26028785
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Ask me questions while you tour the home.