REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Todd Lipsich

todd@luxurypartnersrealty.com +1(561) 702-3918

$1,225,000

Est. payment - /mo

4 Beds

7 Baths

3,700 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $331

Subdivision Delray Town Of

MLS Listing ID B26010290

Bedrooms 4

Full Baths 5

Half Baths 2

Construction Status To Be Built

HOA Y/N No

Total Fin. Sqft 3700

Year Built 1929

Annual Tax Amount $24,294

Tax Year 2025

Contingent Inspection

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Property Description

This is the part most buyers never get to—and the reason this opportunity exists. Set in one of Delray Beach's most desirable historic districts just moments from Atlantic Avenue, this property comes with fully developed architectural plans, historic approval, and permit packages that have cleared review—with only final fees remaining before issuance. In other words, the hardest, slowest, and most uncertain part of the process is already done. The approved design transforms the property into a 4,936 square foot multi-structure compound (6,725 total building square feet), thoughtfully planned to maximize livability, flexibility, and long-term value. The vision includes a reimagined main residence, an expanded cottage, and a newly constructed detached garage with an upper-level flex space and full bath—ideal for guest quarters, office, gym, or studio. The approved design allocates approximately: • Main residence: 3,700 sq ft living (4,555 total) • Cottage (existing + approved expansion): 472 sq ft living (642 total) • Detached garage with upper-level flex space and full bath: 764 sq ft living (1,528 total) This breakdown reflects the full approved scope, including garage living space not always captured in standard MLS fields. What makes this offering particularly compelling is how it's been structured. The project has been submitted as separate permit packages under one cohesive plan, allowing a future owner to execute strategically rather than all at once. Build the full vision, phase it over time, or adjust specific elements without jeopardizing progress on the rest. The ability to move forward in stages—and still obtain a Certificate of Occupancy on completed portions—is a rare advantage in Delray's historic corridor. Equally important: permit issuance has been intentionally paused. Final fees have not yet been paid, allowing the next owner to control when the clock starts—an often overlooked but highly valuable lever in managing timing, financing, and construction planning. The existing cottage is grandfathered and approved for expansion, preserving a level of density and flexibility that is increasingly difficult to achieve under current regulations. The garage structure is fully approved new construction, adding meaningful usable space and functionality to the overall design. The total approved square footage represents a significant increase from the current footprint, positioning the property in line with higher-end finished product in the area—without requiring the next owner to navigate historic approvals, redesign cycles, or extended permitting timelines. The current spa area also presents an easy opportunity for conversion to a plunge pool, offering an additional enhancement without major redesign. This is not a typical purchase, and it should not be evaluated like one. The value here is not in the existing structure, which is not currently in livable condition, but in the time, approvals, and forward momentum already secured—elements that can often take years to replicate in this location. Construction costs will vary depending on materials, finishes, and execution; buyers are encouraged to consult with their builder to determine their preferred approach. What is certain is this: the pathway has been cleared, the vision has been established, and the next owner has the rare ability to step in and move forward without starting over. For buyers who understand what it takes to build in a historic district, the advantage is immediate and substantial. Bring your builder. Move straight to execution. Skip the part everyone else gets stuck in.

Location

State FL

County Palm Beach

Area 4360

Zoning OSSHAD (city)

Direction East

Rooms

Other Rooms Garage(s), Guest House

Main Level Bedrooms 2

Interior

Interior Features Dual Sinks, Elevator, Kitchen Island, Main Level Primary, Storage, Separate Shower, Walk-In Closet(s)

Heating Other

Cooling Other

Flooring Other

Fireplaces Type Gas, Wood Burning

Equipment None

Furnishings Unfurnished

Fireplace Yes

Laundry Inside

Exterior

Exterior Feature Balcony, Courtyard, Outdoor Living Area, Porch

Parking Features Detached, Garage

Garage Spaces 2.5

Utilities Available Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

Water Access Desc Public

Roof Type Metal

Street Surface Paved

Porch Covered, Open, Patio, Porch, Screened, Balcony

Road Frontage City Street

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Lot Description Oversized Lot, < 1/4 Acre

Dwelling Type House

Faces East

Story 2

Entry Level Two

Foundation Combination

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Garage(s), Guest House

Structure Type Block,Frame

New Construction No

Construction Status To Be Built

Schools

High Schools Atlantic

Others

Pets Allowed Yes

Senior Community No

Restrictions Historic Restrictions

Tax ID 12434616010650210

Acceptable Financing Cash, Conventional, Owner May Carry

Membership Fee Required false

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard, Listed As-Is

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/330-NE-1st-Avenue-Delray-Beach-FL-33444/unbranded

Read Less Info

Listed by Laura Derrickson Keller Williams Coastal Partners

Nearby School & Business

Get More Information

Todd Lipsich

+1(561) 702-3918

Broker / Owner | License ID: BK613860

Broker / Owner License ID: BK613860

QUICK SEARCH

330 NE 1st AVE Delray Beach, FL 33444

Todd Lipsich

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information