BreakThru Realty

502 SE 3rd Avenue, Delray Beach, FL 33483

$980,000 · Active

  • 4 beds
  • 2 baths
  • 1,458 sq ft
  • 174 days on market
  • Single Family Residence
  • Built 1986
  • Lot 6,534 sq ft
  • 1,538 sq ft total
  • Palm Beach County
  • MLS# B26029760
  • Osceola Park
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About this home

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. 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

Video Tour

Watch the video tour of 502 SE 3rd Avenue

Features

  • Bedroom Layout - Split

Schools

  • Elementary: Pine Grove
  • Middle: Carver Community
  • High: Atlantic

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

LPT Realty, LLC · flbrokers@lptrealty.com · Listing agent: Rebekah Lee Urbina

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 502 SE 3rd Avenue.

Before You Make an Offer

How buying a home in South Florida works

Your Buyer May Already Be Working With BreakThru Realty

Buyers come to BreakThru Realty searching for homes like this one, and many have shared their exact requirements with us: the neighborhood, the price, the bedrooms, the pool, the timing. If you own a home nearby and are weighing a sale, a broker can check it against those requirements before you list, and if no buyer on file fits, show you how we would reach the rest of the market.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 502 SE 3rd Avenue

How much is 502 SE 3rd Avenue?
502 SE 3rd Avenue is listed at $980,000, which is about $672 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 502 SE 3rd Avenue?
The listing reports annual property taxes of $2,194 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 502 SE 3rd Avenue built?
502 SE 3rd Avenue was built in 1986 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 502 SE 3rd Avenue been on the market?
502 SE 3rd Avenue has been listed for 174 days, and the asking price has been reduced from $1,150,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 502 SE 3rd Avenue?
The MLS lists Pine Grove (elementary), Carver Community (middle), Atlantic (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 502 SE 3rd Avenue?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 4 bedroom home at 115 SE 5TH Street, Delray Beach, FL 33483 is comparable and listed for sale at $950,000. Another comparable home, 9772 Celtic Sea Lane, Delray Beach, FL 33446, sold for $975,000 in October 2026. Other Delray Beach neighborhoods include Valencia Palms and Polo Trace. Nearby ZIP codes include 33444 and 33445. This property also neighbors Gulf Stream, Highland Beach, and Village of Golf. Compare it with the Delray Beach housing market report.