$1,850,000
Delray Beach, FL 33444
MLS# B26028785
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Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Seller Represented YN: Yes
LP/Acre: 9073075.04
Listing Date: 2026-05-14
Status: Active
Original List Price: 1850000
List Price: $1,850,000
Current Price: $1,850,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 12
Geographic Area: PB06
Subdivision Number: 29
Flood Zone: X
County Land Use: 00
Country: United States
Street Number: 506
Street Direction Prefix: NE
Street Name: 3rd
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33444
Postal Code +4: 3819
Subdivision Name: DEL IDA PARK
Area: 4360
Elementary School: Plumosa School of the Arts K-8
High School: Atlantic
Parcel Number: 12434609290080110
Zoning: RL (city)
General Property Information
Transaction Type: Listing For Sale
Number Of Lots: 1
Lot Size Dimensions: 60x151
Property Description: VACANT RESIDENTIAL
LP/Assessed Value: 2.04
LP/SqFt: 208.29
Property Sub Type: Unimproved Land
Lot Size Acres: 0.2
Lot Size Square Feet: 8881.88
Direction Faces: East
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 906010
Assessor Market Value: 906010
Tax Year: 2025
Tax Annual Amount: 16739.07
Tax Legal Description: DEL IDA PARK LT 11 BLK 8 (DEL-IDA PARK HISTORIC DISTRICT)
Office/Member Information
DXORIGMLSID: RML
Electric
Underground: 1
Special Listing Conditions
Standard: 1
Documents Available
Plans: 1
Survey: 1
Current Use
Residential: 1
Development Status
Proposed: 1
Environmental Audit
Unknown: 1
Irrigation Source
Municipal Water: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Zoning Details
Jurisdiction: City
Zoning Information
Use Conforms To Zoning: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Build to Suit: 1
Road Surface Type
Asphalt: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Traffic Type
Pedestrian: 1
Tax Information
City/County: 1
Elevation Description
0-5 Feet Above Sea Level: 1
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-05-15T04:05:36Z
Major Change Type: New Listing
Status Change Date: 2026-05-15
Originating Details
Originating System Key: 20260515034922165926000000
Originating System ID: M00000170
Property Features
Current Use: Residential
Development Status: Proposed
Documents Available: Plans; Survey
Electric: Underground
Environmental Audit: Unknown
Irrigation Source: Municipal Water
Possession: Close Of Escrow
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Zoning Information: Use Conforms To Zoning
Listing Terms: Cash; Conventional
Lot Features: Build to Suit
Road Surface Type: Asphalt
Traffic Type: Pedestrian
Tax Information: City/County
Water Source: Public
Showing Requirements: Call Listing Agent
Elevation Description: 0-5 Feet Above Sea Level
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Supplements
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 Office: SDG Real Estate LLC
Last Updated: September - 11 - 2026
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