Imagine crafting your dream luxury residence on this exceptional 6,510 sq ft lot in one of Delray's hottest regentrifying neighborhoods. Currently improved with a 1986-built 4-bedroom, 2-bath ranch (approx. 1,458 sq ft), this property represents a rare tear-down canvas for visionary developers and discerning buyers seeking to create a signature spec home or private estate. Envision an elevated modern coastal masterpiece — open-concept living, resort-style outdoor spaces, smart-home technology, and high-end finishes — perfectly positioned to capture the essence of "Village by the Sea" luxury. AI renderings available to help buyers visualize the transformative potential. Unmatched Walkability & Lifestyle Proximity: Unmatched Walkability & Lifestyle Proximity: Atlantic Avenue: Just 2-3 short blocks (an easy 5-minute stroll) north via local streets. You're moments from the energy of downtown Delray — world-class dining (Bourbon Steak, Deck 84), boutique shopping, art galleries, festivals, and nightlife. The Beach: Approximately 0.6-0.8 miles east — a pleasant 10-15 minute walk, quick bike ride, or golf cart jaunt to pristine Atlantic Ocean sands and public beach access. Intracoastal Waterway & More: Minutes to waterfront dining, boating, and recreation. Everyday conveniences, parks, and the vibrant Osceola Park neighborhood are right outside your door. Osceola Park is undergoing significant revitalization with improved infrastructure, upgraded sidewalks, decorative lighting, and an influx of luxury infill development. This pocket attracts affluent buyers and investors drawn to the perfect blend of historic charm, walkable urban energy, and coastal proximity — all while property values continue their strong upward trajectory. This is more than a lot — it's a gateway to creating a one-of-a-kind luxury home in a location where demand far outpaces supply. Whether building for personal enjoyment, as a high-end spec home, or for the luxury rental market, 502 SE 3rd Avenue delivers unparalleled lifestyle and investment upside. Schedule your private site tour today and let's bring your vision for Delray luxury to life. Kindly schedule appointment. No drop ins.
For sale
Price cut: $150K (7/2)
$1,000,000
502 SE 3rd Avenue, Delray Beach, FL 33483
4beds
1,458sqft
Single Family Residence
Built in 1986
6,510 Square Feet Lot
$948,600 Zestimate®
$686/sqft
$-- HOA
What's special
Resort-style outdoor spacesHigh-end finishesOpen-concept livingSmart-home technology
- 50 days |
- 889 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Rebekah Lee Urbina 561-827-8469,
LPT Realty, LLC
Source: BeachesMLS,MLS#: B26029760
Originating MLS: BeachesMLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 4
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Range, Refrigerator
- Laundry: Inside
Features
- Main Level Primary, Split Bedrooms, Tub Shower
- Flooring: Ceramic Tile, Laminate
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 1,538
- Total interior livable area: 1,458 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Concrete
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Fencing: Back Yard
Lot
- Size: 6,510 Square Feet
- Features: Corner Lot, None
Details
- Parcel number: 12434621010060100
- Zoning: R-1-A (city)
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Window Bars
- Subdivision: OSCEOLA PARK
HOA
- Has HOA: No
Location
- Region: Delray Beach
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $97,777
- Annual tax amount: $2,194
- Date on market: 5/18/2026
- Cumulative days on market: 50 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$948,600
$901,000 - $996,000
$4,628/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $1,000,000-13%$686/sqft |
Source: | ||
| 5/18/2026 | Listed for sale | $1,150,000+360%$789/sqft |
Source: | ||
| 2/26/2008 | Listing removed | $250,000$171/sqft |
Source: Number1Expert #R2874288 Report a problem | ||
| 12/30/2007 | Price change | $250,000-13.5%$171/sqft |
Source: Number1Expert #R2874288 Report a problem | ||
| 12/1/2007 | Listed for sale | $289,000$198/sqft |
Source: Number1Expert #R2874288 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,194 +6.4% | $97,777 +2.9% |
| 2024 | $2,062 +1.1% | $95,021 +3% |
| 2023 | $2,039 +3.1% | $92,253 +3% |
| 2022 | $1,978 +1.5% | $89,566 +3% |
| 2021 | $1,948 +0.6% | $86,957 +1.4% |
| 2020 | $1,936 +1% | $85,756 +2.3% |
| 2019 | $1,916 | $83,828 +1.9% |
| 2018 | $1,916 +82% | $82,265 +2.1% |
| 2017 | $1,053 +1.9% | $80,573 +2.1% |
| 2016 | $1,033 +1.1% | $78,916 +0.7% |
| 2015 | $1,022 -2.2% | $78,367 +0.8% |
| 2014 | $1,045 +2.4% | $77,745 +1.5% |
| 2013 | $1,021 +0.9% | $76,596 +1.7% |
| 2012 | $1,012 +0.2% | $75,316 +3% |
| 2011 | $1,010 +1.3% | $73,122 +1.5% |
| 2010 | $997 +5% | $72,041 +2.7% |
| 2009 | $950 +8.5% | $70,147 +0.1% |
| 2008 | $875 -16.9% | $70,077 +3% |
| 2007 | $1,053 -4.4% | $68,036 +2.5% |
| 2006 | $1,101 | $66,377 +3% |
| 2005 | -- | $64,444 +3% |
| 2004 | $559 +253.6% | $62,567 +1.9% |
| 2003 | $158 -84.2% | $61,400 +2.4% |
| 2002 | $1,000 +1.3% | $59,961 +1.6% |
| 2001 | $987 +5.4% | $59,017 +3% |
| 2000 | $936 +28.2% | $57,298 -13.2% |
| 1999 | $731 | $65,985 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Osceola Park
Nearby schools
GreatSchools rating
- 6/10Pine Grove Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Carver Middle SchoolGrades: 6-8Distance: 2.7 mi
- 5/10Atlantic High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Pine Grove
- Middle: Carver Community
- High: Atlantic
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Palm Beach County
- Delray Beach
- 33483
- Osceola Park
- 502 SE 3rd Avenue






