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610 SE 2nd Avenue, Delray Beach, FL, 33483

5beds
4baths
1,900sqft
$1,100,000
$579price/sqft
$8,187/moest. monthly cost
$327,480/yrincome needed

About This Home

Rare opportunity to own a versatile investment property in the highly desirable Osceola Park neighborhood of Delray Beach. Currently configured as two separate residences, this unique property offers immediate rental income while presenting exceptional long-term redevelopment potential. The property features two fully renovated residences, including a 3-bedroom, 2-bath unit and a 3-bedroom, 1-bath unit. Both offer in-unit laundry, comfortable, functional living spaces, and are currently rented, providing immediate income from day one while offering outstanding flexibility for future plans. Situated on a generously sized lot in one of Delray Beach's fastest-growing neighborhoods, the possibilities are endless. Continue generating rental income, hold as a long-term investment, or create your dream home in this thriving community. The roof was replaced in 2021. For those looking to maximize development potential, the adjacent vacant lot at 618 SE 2nd Avenue is also available for purchase. Buy one or both properties to create a rare assemblage opportunity in one of Delray Beach's most sought-after neighborhoods. The neighboring lot is shovel-ready, while this property provides immediate rental income as you plan your vision for the future. Osceola Park is one of Downtown Delray Beach's original neighborhoods, celebrated for its historic charm, walkability, and prime location. Just minutes from Atlantic Avenue and the beach, residents enjoy easy access by foot, bike, or golf cart to award-winning restaurants, boutique shopping, art galleries, entertainment, and the vibrant downtown lifestyle. Whether you're an investor, builder, or homeowner with a vision, this is a rare opportunity to own a property that provides immediate income today and exceptional possibilities for the future.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

6/10
3/10
Carver Middle SchoolGrades 6-82.6 mi
5/10
Atlantic High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1985

Materials

  • Roof: Shingle
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Window features: Blinds
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 12434621010070400
  • Zoning: R-1-A(
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None
  • Fencing: Fenced
  • Has view: Yes
  • View description: Garden
  • Waterfront features: None

Lot

  • Lot size: 0.26 Acres
  • Features: Oversized Lot,1/4 to 1/2 Acre Lot
  • Lot size dimensions: 50.0 ft x 226.0 ft

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$702$8,424
Property Taxes $1,726$20,712
Electricity $197$2,366
Total$8,187$98,244
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$280,697/yr
40% on housing$245,610/yr
45% on housing$218,320/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$579This listing

vs Other Active Listings

Avg $/sqft

ZIP 33483$886
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33483$1,093
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Listed for sale$1,100,000
2025-05-16Sold$750,000
2023-07-24Listing removed--
2023-07-03Listed for rent$2,475
2022-01-17Listing removed--
2021-12-04Price change$3,000
2021-12-02Listed for rent$3,250
2021-08-22Listing removed--
2021-08-02Listed for rent$3,250
2021-04-21Sold$490,000
2020-01-15Listing removed$423,000
2019-12-14Price change$423,000
2019-10-07Listed for sale$449,000
2017-05-25Listing removed$369,000
2017-03-07Price change$369,000
2017-02-09Price change$379,000
2016-12-14Listed for sale$399,000
2015-02-20Sold$205,000
2014-06-12Sold$71,300
1995-08-03Sold$70,000

For Sale by Agent

AgentNoreen Payne
BrokerageLang Realty/Delray Beach

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