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$1,550,000
Delray Beach, FL
Explore the area: Delray Beach homes for sale · Palm Beach County real estate
$8,146 /mo
Principal and interest only, based on $310,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateRare opportunity to acquire a charming 1925 former daycare cottage situated on a highly desirable double lot in one of Delray Beach's rapidly evolving neighborhoods. The existing structure offers potential for a variety of business or redevelopment uses (subject to zoning and municipal approvals). Beyond the opportunity to create a needed day care, the true value lies in the oversized double parcel, providing exceptional flexibility for future development, expansion, or long-term land banking. As the surrounding area continues its transformation with new custom homes and redevelopment projects emerging regularly, this property presents a unique opportunity to benefit from the neighborhood's ongoing growth and appreciation. Whether you're an investor, developer, entrepreneur, or visionary buyer, this is a chance to secure a strategic piece of Delray Beach's future.
Virtual TourAbout the Area
Delray Beach homes for sale run from $225K downtown condos to $10,000,000+ oceanfront estates. Atlantic Avenue condos start at $225K; oceanfront estates on the barrier island start at $2,500,000. Tropic Isle and Rainberry Bay sit in the $400K to $700K range. Valencia Cove and Saturnia Isles, west of Lyons Road, make up about 35% of resale volume. Atlantic Avenue itself is three blocks from the beach. The city has won the All-America City award three times. Delray Beach covers 16 square miles, with Boynton Beach to the north and Boca Raton directly south.
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Listing courtesy of Keller Williams Realty Services
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,550,000
Contact us to schedule a showing or ask a question.
Listed by Stephan A Meyer, Keller Williams Realty Services
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