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3203 Palm Drive, Delray Beach, FL, 33483 | $924,900
BUILDERS and INVESTORS WELCOME! Move in Ready or flexible future closing date, this home that sits on a prime corner lot with a large Pet-friendly private fenced yard with room for a private pool in East Delray Beach.
The property is ready for a new owner or investor to enjoy the vaulted ceilings, tile/wood floors and 1-car garage that is perfect for buyers seeking a comfortable home or instant vacation rental/Airbnb income. Located in Unincorporated Palm Beach County, offering builder-friendly codes, county-only taxes, no HOA, and public water/sewer for seamless redevelopment.
Plan your new luxury home just minutes to the Intracoastal, Atlantic Ave, and Delray's beaches. A high-demand location that is undergoing rapid luxury transformation. Some photos were virtually staged. Welcome to one of the best redevelopment opportunities in East Delray Beach. The desirable coastal Intracoastal neighborhood of TradeWinds Estate has no HOA, no rental restrictions, and only one entrance, creating a quiet, private, and family-friendly environment. This PET-FRIENDLY single-family home offers rental and reinvestment potential.
The property is move-in ready with tile and wood flooring, vaulted ceilings, a Florida room, utility room, and a large fenced backyard, making it ideal as a full-time residence or instant income generator through Airbnb, seasonal rentals, or short-term stays. Located in Unincorporated Palm Beach County, owners benefit from more flexible building codes, county-only taxes, and public water/sewer perfect conditions for future redevelopment.
The best long-term use is to build a luxury home that following the proven success of nearby new builds that have sold. Tradewinds is undergoing a major transformation, with multiple multimillion-dollar homes recently completed or under construction.
All of this is just minutes to the Intracoastal Waterway, Atlantic Avenue's award-winning dining and entertainment, top beaches, and the best of Delray Beach. Whether you're a homeowner, investor, or builder, 3203 Palm Drive offers exceptional upside in one of the fastest-rising coastal neighborhoods in Palm Beach County. Some photos were virtually staged.
Features
- Amenities: Jogging Path
- Rooms: 8
- Bedrooms: 2
- Baths: 1 full
- Laundry: Laundry Closet, Inside
- Style: Ranch
- Development: TradeWinds Estates
- Year Built: 1956
- Garage: 1-car Detached
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
- Approx Sq. Feet: 1,404
- Acreage: 0.21
- Est. Taxes: $2,416
- Lot Desc: Corner Lot, Many Trees, Room for Pool
- Elem. School: Plumosa School of the Arts K-8
- High School: Atlantic
- Pet Policy: Yes, No Restrictions
- Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
- MLS#: RX-11142842
- Website: https://www.raveis.com
/eprop/RX-11142842/3203palmdrive_delraybeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Listing courtesy of EXP REALTY LLC
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joseph HartleyInsurance Sales Director, William Raveis Insurance
954.729.6530
Joseph.Hartley@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
3203 Palm Drive, Delray Beach, FL, 33483
$924,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $739,920 | $739,920 | $739,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | $201 | $201 | $201 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,201 | $4,377 | $6,144 |
| Total Monthly Payment | $4,494 | $4,670 | $6,437 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388