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3218 Palm Drive, Delray Beach, FL 33483

$1,000,000
  • 3218 Palm Drive, Delray Beach, FL 33483 Main Photo

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Active Under Contract
BEDS3 BATHS3 full SQUARE FEET2,048 MLS#R11165444
STATUSActive Under Contract PROPERTY TYPEResidential - Single Family SUBDIVISIONTRADE WINDS ESTATES FIRST ADD

Property Description

GREAT RENTAL INCOME POTENTIAL! This fully-furnished 3-bedroom, 3-bath home with a private pool and hot tub was configured as a pet -friendly vacation rental with strong short-term rental history The new owner can reside in the main house, and rent the other two units with separate entrances for rental income, or use them as guest suites, live-in help, or home offices.The roof was replaced in 2021 with new solar panels to reduce the cost of electricity. With only one entrance, the neighborhood enjoys minimal traffic, a private feel, and a strong sense of community, while remaining just 2.5 miles Delray Beach's award-winning dining, beaches, shopping, and nightlife along Atlantic Ave. Easy access to Boca Raton, Palm Beach, Brightline high-speed train stations and FLL and PBi airports. Tradewinds Estates is one of East Delray Beach's most sought-after Intracoastal neighborhoods, where quiet coastal living meets exceptional long-term upside. 3218 Palm Drive offers a rare hybrid opportunity: enjoy the home now, generate rental income immediately, or plan a future luxury dream home. This single-story home has strong short-term rental history located in unincorporated Palm Beach County that offers advantages rarely found this close to the water. No mandatory HOA fees or rules, No rental restrictions (Airbnb/short-term friendly), Builder-friendly county codes (not subject to city restrictions), County-only property taxes and public water & sewer. Whether you are a homeowner seeking coastal living, an investor looking for immediate rental income, or a buyer planning to build a future luxury estate in a proven appreciation corridor, 3218 Palm Drive delivers flexibility, lifestyle, and upside in one of the fastest-evolving neighborhoods in East Delray Beach.

3218 Palm Drive | MLS# R11165444

This single family home located at 3218 Palm Drive, Delray Beach, FL 33483 is currently listed for sale with an asking price of $1,000,000. This property was built in 1948 and has 3 bedrooms and 3 full baths with 2048 sq. ft. Palm Drive is located in the TRADE WINDS ESTATES FIRST ADD subdivision. Search TRADE WINDS ESTATES FIRST ADD real estate on www.realty100.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Fenced: Yes
Heating: Electric
Home Style: Ranch, Other
Lot Size: 0.17 Acres
Roof Type: Composition, Other, Shingle
Stories: 1.0
Taxes: $9,362
Year Built: 1948

Amenities

Kitchen Island
Bedroom Layout - Split

Feature Descriptions

Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Association Amenities: Jogging Path
Days on Site: 55
Exterior: Other, Wood Siding
Fencing: Fenced
Flooring: Other
Furnished: Furnished
Laundry: Inside
Lot Dimensions: 60 Ft. x 120 Ft.
Parcel#: 00434604180000031
Patio/Porch: Patio - Open, Patio
Pets Allowed: Yes, No Restrictions
Pool: Heated, In Ground, Equipment Included
Restrictions: No Restrictions, Lease OK, Daily Rates
Security: None
Sewer: Public Sewer
Spa: Heated
Spa: Yes
Special View Info: Pool
SQFT Living: 2012
Swimming Pool: Yes
Total Rooms: 10
Utilities: Cable Available, Sewer Available, Water Available
Utilities: Cable Available, Sewer Available, Water Available
Water: Public
Waterfront Features: None

Room Sizes

Living Room: 12 X 18 Level Main
Kitchen: 12 X 28 Level Main
Kitchen: 11 X 13 Level Main
Primary Bedroom: 11 X 15 Level Main
Bedroom 2: 9 X 13 Level Main
Bedroom 3: 15 X 18 Level Main
Dining Room: 11 X 18 Level Main
Family Room: 10 X 13 Level Main

Local Schools

High School: Atlantic
Elementary School: Plumosa School of the Arts K-8

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC
Agency Phone: 888-883-8509

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 3,297.40 per month $2,225.57 Principal & Interest $780.17 Property Tax $291.67 Homeowner's Insurance

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