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Home for sale in 3218 Palm Drive, Delray Beach, FL 33483
$1,000,000

3218 Palm Drive, Delray Beach, FL 33483, Delray Beach, 33483. MLS #R11165444

TRADE WINDS ESTATES FIRST ADD
3218 Palm Drive, Delray Beach, FL 33483
Delray Beach, 33483
Estimated Payment: $6,445/month
1Stories
3Beds
3Baths
2048sqft

Property details

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.

Property Details

Bedrooms & Bathrooms3 bedrooms, 0 half bathrooms and 3 full bathrooms
FlooringOther
Heating featuresElectric
Has coolingYes
Cooling featuresCeiling Fan(s), Wall/Window Unit(s)
Virtual tourLink
Pool featuresHeated, In Ground, Pool Equipment
Private poolYes
Exterior featuresOutdoor Living Area
Patio & Porch detailsPatio
View descriptionPool
Home typeOther, Ranch
ConstructionOther, Wood Siding
Year built1948
RegionDelray Beach
Has HOANo

Community Details

Amenities includedTrail(s)

Nearby properties

Mortgage Calculator

Monthly Payments
$ 6,242
Principal & Interest
$ 3,992
Property Tax
$ 1,667
Association Fee
$ 0
Insurance Fee
$ 583
Home Price
Property Tax (yearly)
Association Fee (per month)
Insurance Fee (per month)

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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