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$1,850,000 Just Listed
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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. 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.
Full Property Details
Full Property Details for 506 NE 3rd Ave
General
- Price: $1,850,000
- Taxes: $16,739 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: B26028785
- Updated: 5/15/2026
- Added to Site: 3 day(s) ago
Location
- County: Palm Beach
- Subdivision: DEL IDA PARK
- Direction Faces: East
School Information
- Elementary School: Plumosa School of the Arts K-8
- High School: Atlantic
Community
- Community Name: 4360
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Residential, Single Family
- Property Condition: To Be Built
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,881.88
- Lot Dimensions: 60 x 151
- Irrigation System: Municipal
- Lot Features: 1/4 Acre
- Development Status: Proposed
- Zoning: RL (city)
Financial Considerations
- Assessment Amount: $906,010
- Tax Amount: $16,739.07
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Building Plans, Survey
- Legal Description: DEL IDA PARK LT 11 BLK 8 (DEL-IDA PARK HISTORIC DISTRICT)
- Property ID: 12434609290080110
Listed by SDG Real Estate LLC
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Schools
Schools serving 506 NE 3rd Ave
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Plumosa School Of The Arts 2501 Seacrest Boulevard, Delray Beach, FL 33444 | K-8 | 1.2 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 506 NE 3rd Ave
Date
Details
Price
Change
Source
5/15/2026
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 NE 3rd Ave
506 NE 3rd Avenue, Delray Beach, FL 33444 (MLS# B26028785) is a Vacant Land property with a lot size of 0.2 acres. 506 NE 3rd Avenue is currently listed for $1,850,000 and was received on May 15, 2026. Want to learn more about 506 NE 3rd Avenue? Do you have questions about finding other Vacant Land 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.

