3218 Palm Dr Delray Beach

1,000,000

3 Bedrooms

3 Baths

2,012 SqFt

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.
Status:
Active
Listing ID:
R11165444
Unit Floor:
1
Parking:
Pets:
Yes, No Restrictions
Market Days:
4
Membership:
No
Waterfront:
No
HOA Fee:
Rec Lease:
Taxes:
9362.16
Year Built:
1948
Type:
Single Family
Garage:
0.00
Construction:
Other, Wood Siding
55+:
N
Pool:
1
Stories:
1.00
View:
Pool
Water Features:
None

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Contact Broker: Bob Chapin (561) 774-3472

Listing Information Courtesy of EXP Realty LLC
Information Provided by Realtor Association of the Palm Beaches (RAPB)

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