3218 Palm Drive, Delray Beach, FL 33483
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Address: 3218 Palm Drive, Delray Beach, FL 33483
Property Location and Similar Properties
- MLS#: R11165444 ( Residential )
- Street Address: 3218 Palm Drive
- Viewed: 4
- Price: $1,000,000
- Price sqft: $488
- Waterfront: No
- Year Built: 1948
- Bldg sqft: 2048
- Bedrooms: 3
- Total Baths: 3
- Full Baths: 3
- Days On Market: 10
- Additional Information
- Geolocation: 26 / -80
- County: Palm Beach
- City: Delray Beach
- Zipcode: 33483
- Subdivision: Trade Winds Estates First Add
- Elementary School: Plumosa
- High School: Atlantic
- Provided by: EXP Realty LLC
- DMCA Notice
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DescriptionGREAT 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.
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Building and Construction
- Fencing: Fenced
- Flooring: Other
- Roof: Composition, Shingle, Other
School Information
- High School: Atlantic
- School Elementary: Plumosa School of the Arts K-8
Eco-Communities
- Pool Features: Equipment Included, Heated, In Ground
- Water Source: Public
Utilities
- Cooling: Ceiling Fan(s), Wall/Window Unit(s)
- Electric: Three Phase
- Heating: Electric
- Pets Allowed: No Restrictions, Yes
- Road Frontage Type: East of US-1, Public Road
- Sewer: Public Sewer
- Utilities: Cable Available, Sewer Available, Water Available
Amenities
- Association Amenities: Jogging Path
Finance and Tax Information
- Tax Year: 2025
Other Features
- Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Furnished: Furnished
- Interior Features: Bedroom Layout - Split, Kitchen Island
- Legal Description: TRADE WINDS ESTS FIRST ADD S 35 FT OF LT 3 & N 1/2 OF LT 4
- Parcel Number: 00434604180000031
- Style: Ranch, Other
- Zoning Code: RS
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- Sara Oquendo, REALTOR ®
- Tropic Shores Realty
- Mobile: 352.428.8657
- saraoquendo1972@gmail.com