FAVALE ESTATES

246 Avenue L, Delray Beach FL 33483

3 beds · 2.5 baths · 1,929 ft²

Active Under Contract

$685,000

Est. Payment $3,646/mo

MLS Sheet Video

3

Bedrooms

2.5

Bathrooms

1,929

Sq. Ft.

1997

Year Built

1

Garage

2

Stories

35

Days on Market

Description

Completely updated East Delray townhome with no HOA, no HOA fees, and strong short-term rental potential. This flexible property features modern finishes throughout and a dedicated spa/wellness room with an infrared sauna, Himalayan salt wall, and infrared red light therapy. The air-conditioned garage conversion is currently used for storage but offers flexible space for a fourth bedroom, office, gym, or studio, with dedicated exterior access and the option to convert back to a garage. Ideally located near the beach, Atlantic Avenue, dining, shopping, and entertainment. Property is currently used as a short-term rental and may be offered furnished, with furniture negotiable. Private outdoor space adds to the appeal, creating a turnkey East Delray lifestyle opportunity. Property is currently being used as a short-term rental and can be offered fully furnished. Furniture, décor, and household items may be included with the sale and are negotiable with an acceptable offer.

Facts

MLS#
B26026035
Subdivision
FAVALE ESTATES
Property Type
Residential
Property Sub Type
Townhouse
Year Built
1997
Lot Size
2,614 ft²
Sq. Ft.
1,929 ft²
Sq. Mt.
179 m²
Price per sq. ft.
$355/ft²
Price per sq. mt.
$3,827/m²
Stories
2
Garage
1 spaces
Pool
Days on Market
35 days
Listed
May 8, 2026
Last Updated
Jun 13, 2026
Price/Lot Sq.Ft.
$262/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Delray Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

37

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/8/2026Listed for sale$685,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

246 Avenue L, Delray Beach FL 33483Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$4,367/mo

Principal & Interest

$3,646

Property Tax

$571

Insurance

$150

HOA

$0

20% ($137,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated 20 hours ago

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