3218 Palm Drive, Delray Beach, FL 33483

$875,000
3
BD
3
BA
2,012
SqFt
Sold Price
$875,000
List Price
$1,000,000
Closing Date
May 05, 2026
MLS#
R11165444
Subdivision
Trade Winds Estates First
Status
CLOSED
Type
Single Family Residential
Bedrooms
3
Full baths
3
Living Area
2,012

Property Description

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.

Additional Information

Days on Market
10
View
Pool
Tax Amount
$9,362
Pool
Yes
Parcel Number
00434604180000031
Pool Description
Equipment Stays, Heated
Bedroom Description
At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower
Front Exposure
East
Lot Size
7,205
Exterior Features
East Of Us1
Parking Restrictions
2 Or More Spaces
Pet Restrictions
Yes
Pets Allowed
Yes
Address
3218 Palm Drive, Delray Beach
SqFt Liv Area
2,012
Year Built
1948
Design
Ranch, Other
Development Name
Trade Winds Estates First , Tradewinds Estates
Style
House
Senior High School
Atlantic
Restrictions
No Restrictions
Construction Type
Other, Wood Siding
Interior Features
Cooking Island, Split Bedroom, Den/Library/Office, Family Room, Utility Room/Laundry

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy of EXP Realty LLC, Contact:

Selling Office: EXP Realty LLC.