$980,000
502 SE 3rd Avenue
Delray Beach, FL 33483
Explore the area: Delray Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $980,000
- Price per sq ft
- $672
- Original price
- $1,150,000
- Days on market
- 143
This 4-bedroom single-family home in Osceola Park is listed at $980,000, or $672 per square foot. The asking price has come down 14.8% from its original $1,150,000. It has been on the market for 143 days.
Estimated monthly payment
$5,150 /mo
Principal and interest only, based on $196,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $980,000
- Days on Site
- 143 Days
- Bedrooms
- 4
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,458 sqft
- Total Sq Ft
- 1,538 sqft
- Lot Size
- 0.15 Acres
- Year Built
- 1986
- Property Type
- Single Family
- MLS #
- B26029760
- Property Tax
- $2,194 (2025)
- Subdivision
- OSCEOLA PARK
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
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
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1986
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Concrete
- Direction Faces
- North
- Lot Size (Acres)
- 0.15
- Living Sq Ft
- 1,458
- Total Sq Ft
- 1,538
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-1-A (city)
Interior Features
- Appliances
- Oven / Range / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Laminate
- Interior Features
- Main Level Primary / Split Bedrooms / Tub Shower
- Laundry
- Inside
- Windows
- Blinds
- Main Level Bedrooms
- 2
- Main Level Baths
- 4
Exterior Features
- Construction
- Concrete / Stucco
- Roof
- Shingle
- Architectural Style
- Ranch
- Lot Features
- Corner Lot / None / Less Than Quarter Acre
Community & HOA
- Security
- Window Bars
- Utilities
- Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 4370
Schools
- Elementary School
- Pine Grove
- Middle School
- Carver Community
- High School
- Atlantic
About the Community
Osceola Park is a community in Delray Beach, Palm Beach County, Florida. Active listings are priced from $800,000 to $3,300,000. Homes were built between 1940 and 2026. Pure Equity lists homes in Osceola Park and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 20
- Median List Price
- $1,787,000
- Median $/Sq Ft
- $792
- Avg Days on Market
- 126
Frequently Asked Questions
- How do I schedule a tour of 502 SE 3rd Avenue, Delray Beach, FL 33483?
- Use the Tour button on this listing to request a showing of 502 SE 3rd Avenue, Delray Beach, FL 33483. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 502 SE 3rd Avenue, Delray Beach, FL 33483 still available?
- 502 SE 3rd Avenue, Delray Beach, FL 33483 is currently listed as Active, and has been on the market 143 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 502 SE 3rd Avenue, Delray Beach, FL 33483?
- With 20% down ($196,000) on the $980,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 502 SE 3rd Avenue, Delray Beach, FL 33483 is about $5,150/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 502 SE 3rd Avenue, Delray Beach, FL 33483?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 502 SE 3rd Avenue, Delray Beach, FL 33483. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 502 SE 3rd Avenue, Delray Beach, FL 33483?
- 502 SE 3rd Avenue, Delray Beach, FL 33483 is zoned for Pine Grove (elementary), Carver Community (middle), Atlantic (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 502 SE 3rd Avenue, Delray Beach, FL 33483?
- Often, yes. The right offer on 502 SE 3rd Avenue, Delray Beach, FL 33483 depends on how it's priced against comparable single family sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of LPT Realty, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. 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.
$980,000
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Listed by Rebekah Lee Urbina, LPT Realty, LLC
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Recent Sales
Recently sold homes in Osceola Park
These are the last 2 recorded closings in Osceola Park, with the price each home actually sold for rather than what it was listed at. They closed at a median of $812 per square foot. The most recent closed on September 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$775,000
Sold · September 15, 2026
629 SE 4th Avenue
4 bed · 2 bath · 1,413 sqft · $548/sqft
$124,900 under the asking price
Sold$1,000,000
Sold · July 20, 2026
730 SE 4th Avenue
3 bed · 2 bath · 1,232 sqft · $812/sqft
$100 over the asking price
See every recorded sale in Osceola Park or find out what your Osceola Park home is worth.
