354 SE 5th Avenue, Delray Beach, FL 33483

354 SE 5th Avenue, Delray Beach, FL 33483

$5,500,000
Price

Property Type:

Unimproved Land

Status:

Active Under Contract

Listing ID:

B26022876

Exceptional development opportunity in East Delray Beach, positioned along the eastern edge of the rapidly growing Osceola Park neighborhood. This prime parcel includes previously approved plans for 8 modern luxury townhomes, each designed with private pools and a clean, contemporary aesthetic. The project was formerly permitted, offering a meaningful head start for developers looking to move quickly. Plans call for 8 residences (8 doors) with strong appeal to today's luxury buyer seeking new construction near downtown and the beach. Located just minutes from Atlantic Avenue, pristine beaches, and Delray's vibrant dining and cultural scene, this site sits within one of the city's most active redevelopment corridors, surrounded by new construction Osceola Park.

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Basic Details

Listing Type: For Sale
Price: $5,500,000
View: City
Property Sub Type: Unimproved Land

Features

Sewer: Public Sewer

Extended Details

Virtual Tour URL: Virtual Tour URL
Subdivision: OSCEOLA PARK
Elementary School: Pine Grove
High School: Atlantic
Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Lot Description: Cleared,City Lot
Private Pool:
Courtesy of: The Corcoran Group
Co List Agent Mls Id: 276540908
Co List Office Mls Id: 404289
Current Use: Commercial, Multi-Family, Unimproved
Electric: 3 Phase
Mls Status: Active Under Contract
On Market Date: 2026-05-01
Possible Use: Commercial
Special Listing Conditions: Standard
Status Change Timestamp: 2026-06-04T12:55:53Z
Tax Annual Amount: 49625
Water Source: Public
Co List Agent Full Name: Robert Guntmacher
Co List Office Name: The Corcoran Group
Originating System Name: Beaches