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$1,150,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 502 SE 3rd Ave
General
- Price: $1,150,000
- Taxes: $2,194 (2025)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: B26029760
- Updated: 5/19/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary, Split Bedrooms, Tub Shower
- Appliances: Oven, Range, Refrigerator
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Window Bars
- Equipment: None
Parking
- Total Spaces: 6
- Parking Features: Concrete
Location
- County: Palm Beach
- Subdivision: OSCEOLA PARK
- Direction Faces: North
School Information
- Elementary School: Pine Grove
- Middle School: Carver Community
- High School: Atlantic
Community
- Community Name: 4370
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Structure Type: House
- Roof: Shingle
- Windows: Blinds
- Entry Floor Number: 1
- Entry Location: 1
- Stories/Levels: 1
- Building Size: 1538
- Square Feet: 1,458
- Sq. Ft. Source: Appraiser
- Living Area: 1,458 Sq. Ft.
- Year Built: 1986
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.15
- Frontage: City Street
- Road Maintenance: Public Maintained Road
- Lot Features: Corner Lot, None
- Zoning: R-1-A (city)
- Fencing (Description): Back Yard
Financial Considerations
- Assessment Amount: $97,777
- Tax Amount: $2,194.42
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: OSCEOLA PARK LT 10 BLK 6
- Property ID: 12434621010060100
Listed by LPT Realty, LLC
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Schools
Schools serving 502 SE 3rd Ave
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Pine Grove Elementary School, Delray Beach, FL 400 Southwest 10th Street, Delray Beach, FL 33444 | K-5 | 0.7 mi |
Carver Middle School, Delray Beach, FL 101 Barwick Road, Delray Beach, FL 33445 | 6-8 | 2.7 mi |
Atlantic High School, Delray Beach, FL 2455 West Atlantic Avenue, Delray Beach, FL 33445 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 SE 3rd Ave
Date
Details
Price
Change
Source
5/18/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 502 SE 3rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,197
5%
$97,777
3%
2024
$2,096
1%
$95,021
3%
2023
$2,073
5%
$92,253
6%
2021
$1,982
-1%
$86,957
-3%
2022
$2,012
2%
$89,566
4%
2021
$1,982
3%
$85,756
2%
2019
$1,916
82%
$83,828
2%
2018
$1,053
2%
$82,265
2%
2017
$1,033
1%
$80,573
2%
2016
$1,022
-2%
$78,916
1%
2015
$1,042
—
$78,367
1%
2014
$1,045
2%
$77,745
2%
2013
$1,021
—
$76,596
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 SE 3rd Ave
502 SE 3rd Avenue, Delray Beach, FL 33483 (MLS# B26029760) is a Single Family property with 4 bedrooms and 2 full bathrooms. 502 SE 3rd Avenue is currently listed for $1,150,000 and was received on May 18, 2026. Want to learn more about 502 SE 3rd Avenue? Do you have questions about finding other Single Family real estate for sale in Delray Beach? You can browse all Delray Beach real estate or contact a Coldwell Banker agent to request more information.

