TRADE WINDS ESTATES FIRST ,TradeWinds Estates

3218 Palm Drive, Delray Beach FL 33483

3 beds · 3 baths · 2,012 ft²

Closed

$1,000,000

Est. Payment $5,322/mo

MLS Sheet Video

3

Bedrooms

3

Bathrooms

2,012

Sq. Ft.

1948

Year Built

1

Stories

8

Days on Market

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.

Facts

MLS#
R11165444
Subdivision
TRADE WINDS ESTATES FIRST ,TradeWinds Estates
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1948
Lot Size
7,405 ft²
Sq. Ft.
2,012 ft²
Sq. Mt.
187 m²
Price per sq. ft.
$497/ft²
Price per sq. mt.
$5,348/m²
Stories
1
Garage
—
Pool
Private
Days on Market
8 days
Listed
Feb 20, 2026
Last Updated
Sep 29, 2026
Price/Lot Sq.Ft.
$135/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

October 2026

100/100
Buyers marketSellers market

49

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).

9/29/2026Sold$1,000,000
2/20/2026Listed for sale$1,000,000

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

Location

3218 Palm Drive, Delray Beach FL 33483Directions

Estimated Monthly Payment

$6,306/mo

Principal & Interest

$5,322

Property Tax

$833

Insurance

$150

HOA

$0

20% ($200,000)
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

Hablo Español

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