The club was founded in 1970, and named after St. Blaise Day, February 3, a national holiday throughout many Hispanic countries.

Atlético 3 de Febrero have played 9 seasons in the Primera División.

The team started playing in the Liga Paranaense and finally made their way to the second division of the Paraguayan League in 2000.

It has a grass surface and was renovated in 1999, for which it was utilized as one of the venues of the 1999 Copa América.

[3] The stadium was the venue which saw Paraguayan footballers, Roque Santa Cruz score his first international goal for the Albirroja on 17 June 1999 in a friendly match against Uruguay, and Nelson Haedo score his first international goal for the Albirroja on 17 August 2005 in a friendly match against El Salvador.