luxury
Pool: In Ground

$1,795,000

514 NE 3rd Avenue, Delray Beach, FL 33444

Delray Beach, FL, 33444

6 bd · 7 ba · 4,941 sqft

Listed by Premier Estate Properties, Inc

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated Monthly Payment

$11,573/ month

20% down · 6.75% interest · 30-year loan · Jumbo loan

Jumbo loan: put down about $962,250 or more to stay conforming. What's different?
  • A bigger down payment, often 10–20% or more
  • A higher credit score, often 700+
  • More cash reserves, often 6–12 months of payments
  • Full income documentation, sometimes a second appraisal on large loans

Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.

Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$9,314/mo
Property tax (after sale) est.
$1,815/mo
Homeowners insurance est.
$444/mo
HOA
$0/mo

Estimate only, not guaranteed. Verify before you buy or sell.

About This Property

Find similar homes

Rare opportunity to create a custom coastal estate in the heart of Downtown Delray Beach with the architectural and site design unanimously approved by the Delray Beach Historic Preservation Board on September 2, 2026. Set on an exceptional 0.30-acre corner homesite in the Del-Ida Park Historic District, the residence was designed by award-winning Randall Stofft Architects. The list price includes the homesite and available project design package; the residence shown is not yet constructed, and construction is not included. Approved two-story coastal transitional design offers approximately 6,200 total sq feet and 4,900 sq feet under air, with six bedrooms, six and a half baths, a first-floor primary suite, a two-car garage with dedicated golf-cart space, a resort-style courtyard. The project is substantially advanced beyond a typical vacant-lot offering. The available package includes an advanced architectural plan set, completed civil engineering for the current design, and developed landscape, hardscape, pool, and courtyard concepts. Final permit documents, structural and MEP engineering, and permit-level landscape documents may be completed after purchaser selections are finalized, preserving flexibility to refine the interior program, building systems, and finishes before permitting, subject to applicable City review. Located four blocks from Atlantic Avenue and less than one mile from the beach. Information including prices, measurements, square footages, lot sizes, features, finishes and calculations is subject to errors, omissions, or changes without notice. Buyers should independently verify all information. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • 143 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $11,573/mo

514 NE 3rd Avenue, Delray Beach, FL 33444 · Delray Beach

Location

514 NE 3rd Avenue, Delray Beach, FL 33444

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995