506 NE 3rd AvenueDelray Beach, FL 33444

Description

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 Information

Property type

Land

Sub-type

Unimproved Land

Lot size

0.20 acres

Lot dimensions

60x151

Zoning

RL (city)

Days on market

184

MLS^® Listing#

B26028785

Property Features

Utilities

Cable Available · Electricity Available · Natural Gas Available · Sewer Available · Water Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Plumosa School of the Arts K-8

High

Atlantic

Financial Details

HOA

None

Annual taxes

$16,739Tax year 2025

Assessed value

$906,010

Parcel number

12434609290080110