$980,000
Delray Beach, FL 33483
MLS# B26029760
4 beds | 2 baths | 1538 sqft
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Property Description
Lot play, not a house sale. Corner lot, 6,510 SF, R-1-A, no HOA, two to three blocks south of Atlantic, walk or bike to the beach. FEMA Zone X. City and CRA street, alley, sidewalk, lighting, and utility work is done. New homes on the block are trading around $2.3M-$3.7M. The 1986 ranch, 1,458 SF, is the teardown, which is why the house price per foot is not the underwriting. Reduced to $980,000, about $151 a land foot. Cover and tour images of a new house are renderings for vision only, not the existing improvement and not an approved plan. Buyer to verify setbacks, coverage, and height with the City of Delray Beach. Cash or conventional.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Occupant Type: Owner
Seller Represented YN: Yes
Listing Date: 2026-05-18
Status: Active
Original List Price: 1150000
List Price: $980,000
Current Price: $980,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 12
Geographic Area: PB06
Subdivision Number: 1
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 502
Street Direction Prefix: SE
Street Name: 3rd
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33483
Postal Code +4: 4416
Subdivision Name: OSCEOLA PARK
Area: 4370
Elementary School: Pine Grove
Middle Or Junior School: Carver Community
High School: Atlantic
Parcel Number: 12434621010060100
Zoning: R-1-A (city)
General Property Information
Adjusted Area Main: 1480
Living Area Main: 1458
Living Area Source: Appraiser
Accessibility Features YN: No
Gated Community YN: No
Lot Size Area: 6510
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Stories Total: 1
Stories: 1
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Guest House YN: No
Green Verification YN: No
LP/Assessed Value: 10.02
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1538
Building Area Source: Appraiser
Year Built: 1986
Parking Total: 6
Lot Size Acres: 0.15
Direction Faces: North
Financial Information
Application Required YN: No
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 97777
Assessor Market Value: 597157
Tax Annual Amount: 2194.42
Tax Year: 2025
Tax Legal Description: OSCEOLA PARK LT 10 BLK 6
Office/Member Information
DXORIGMLSID: RML
Entry Information
Entry Level: 1
Entry Location: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Foundation Details
Block: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Parking Features
Concrete: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Fencing
Back Yard: 1
Structure Type
House: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Heating
Central: 1
Sprinkler Description
None: 1
Leasing Restrictions
Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30
Window Features
Blinds: 1
Appliances
Oven: 1
Refrigerator: 1
Range: 1
Construction Materials
Concrete Block - With Stucco: 1
Interior Features
Bedroom Layout - Split: 1
Laundry Features
Inside: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Other Equipment
None: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Shingle: 1
Security Features
Window Bars: 1
Water Source
Public: 1
Architectural Style
Ranch: 1
Capital Contributions
Capital Contributions YN: No
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Occupied: 1
Schedule Online: 1
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 2
Main Living Area
Entry Level: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
Master Bdrm - Ground: 1
Membership
No Membership Available: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Room Types
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Price Calculations
Current Price To SqFt: 672.15
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-08-11T19:45:34Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-11T19:45:34Z
Status Change Date: 2026-05-18
Originating Details
Originating System Key: 20260509123810825694000000
Originating System ID: M00000170
Property Features
Flooring: Ceramic Tile; Laminate
Foundation Details: Block
Leasing Permitted Details: Okay To Lease
Parking Features: Concrete
Property Condition: Resale
Special Listing Conditions: Standard
Appliances: Oven; Refrigerator; Range
Architectural Style: Ranch
Construction Materials: Concrete Block - With Stucco
Cooling: Central Air
Fencing: Back Yard
Heating: Central
Interior Features: Bedroom Layout - Split
Laundry Features: Inside
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Main Living Area: Entry Level
Membership: No Membership Available
Other Equipment: None
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Roof: Shingle
Security Features: Window Bars
Sewer: Public Sewer
Sprinkler Description: None
Storm Protection Details: None
Structure Type: House
Tax Information: City/County
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Window Features: Blinds
Showing Requirements: Appointment Only; Occupied; Schedule Online
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Supplements
Build in one of East Delray's last downtown-adjacent grids where demand still outpaces available dirt. Osceola Park is the SOFA grid, south of Atlantic. The City and the CRA rebuilt the streets starting in 2020: paved roads and alleys, sidewalks, LED lighting, traffic calming, and new water and sewer, including this quadrant between Southeast 2nd and Southeast 5th Avenues. Builders followed. Modern 3,200-4,000 square foot homes are rising on the same blocks, with finished product offered from about $2.3 million to $3.2 million. From this corner, Atlantic is two to three blocks north and the ocean is a short walk or bike ride east. The opening is a corner lot that has not been rebuilt yet, on a grid where the city work is done and the new houses are already selling. Buyer to verify setbacks, coverage, and height with the City of Delray Beach.Private appointments only. No drop-ins. Investment highlights Lot play, not a house sale. Price the land. 6,510 SF corner, 0.15 acres, R-1-A, no HOA, no association rental restriction Two to three blocks south of Atlantic. Walk or bike to the beach Public infrastructure already spent: CRA / City streets, alleys, sidewalks, lighting, water and sewer Builder proof on the block. New homes trading and shells going up around $2.3M-$3.2M One of the last downtown-adjacent quadrants not fully rebuilt. Northeast Atlantic and the marina are largely done Existing ranch is a teardown canvas Cash or conventional. Showings by appointment
Room Information
| Room Name |
| Kitchen |
| Living Room |
| Master Bedroom |
Listing Office: LPT Realty, LLC

Last Updated: November - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

