Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

229 NE 5th Street, Delray Beach FL 33444

Commercial For Sale
$1,850,000

BTC: 29.83870968

ETH: 1,099.42354549

25 days
0 room(s)

Overview

This property presents an exceptional opportunity to acquire a premier vacant homesite in the highly sought-after neighborhood of Del Ida Park, one of East Delray Beach's most desirable and rapidly evolving coastal communities. Ideally positioned just moments from Atlantic Avenue, the Intracoastal Waterway, and Delray Beach's pristine shoreline, this offering provides a rare chance to create a custom luxury residence in the heart of one of South Florida's most vibrant lifestyle destinations. The property is being offered with seller-provided conceptual drawings illustrating the potential to construct an extraordinary new 5,365 square foot coastal-inspired dream home thoughtfully designed to embrace the relaxed sophistication synonymous with luxury South Florida living The proposed residence incorporates timeless coastal architecture, expansive indoor-outdoor entertaining spaces, resort-style amenities, and a modern open floor plan tailored for both everyday living and refined entertaining. Surrounded by newly developed luxury residences and architecturally significant homes, Del Ida Park has quickly emerged as one of Palm Beach County's most coveted residential enclaves for buyers seeking walkability, privacy, and proximity to downtown Delray Beach. Residents enjoy effortless access to award-winning restaurants, boutique shopping, marinas, private clubs, and the vibrant energy of Atlantic Avenue while maintaining the charm and tranquility of a quiet tree-lined neighborhood. Opportunities to secure a vacant lot of this size and caliber in East Delray Beach are increasingly limited, particularly within such close proximity to the area's premier lifestyle amenities and waterfront attractions. Whether envisioned as a personal legacy estate, luxury seasonal retreat, or speculative development opportunity, 506 NE 3rd Avenue represents a compelling investment in one of South Florida's strongest luxury residential markets.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.19 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$584,500
$255K – $2.0M
Confidence Low
List vs. estimate
$1.3M above estimate
List $1,850,000 · +216.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,942
2025
All facts and features
  • Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 12434609290080100

    • Zoning: RL (city)

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

  • Other financial information

    • Annual tax amount: $15,942

  • Source details

    • MLS ID: B26028787

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Cleared Land / Cleared

    • Water Source: Public

    • Subdivision Name: DEL IDA PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
For Sale
$2,250,000
Multi-family
0 room(s) · 1,233 sqft
DELRAY TOWN OF, Delray Beach
126 NE 4th Avenue, Delray Beach FL 33483
For Sale
$1,300,000
House
· 1 ba · 1,048 sqft
DELRAY TOWN OF,Merritt Park, Delray Beach
229 SW 4th Avenue, Delray Beach FL 33444
For Sale
$1,475,000
Condo/Co-op
3 bds · 2 ba · 1,849 sqft
WATERWAY NORTH CONDO, Delray Beach
800 Andrews Avenue # 4, Delray Beach FL 33483
For Sale
$1,299,000
House
2 bds · 1 ba · 1,024 sqft
BONNIECREST SUB,BONNIECREST SUB LT 3, Delray Beach
115 Highland Lane, Delray Beach FL 33444
For Sale
$1,500,000
Lots/Land
0.80 acres
SEACREST GULFSTREAM, Delray Beach
2610 Seacrest Boulevard, Delray Beach FL 33444
For Sale
$1,499,000
Condo/Co-op
2 bds · 2 ba · 1,466 sqft
BAR HARBOUR CONDO,Bar Harbour, Delray Beach
86 Macfarlane Drive # 8f, Delray Beach FL 33483
For Sale
$1,899,000
Townhouse
3 bds · 2 ba · 1,610 sqft
JARDIN DEL MAR COND, Delray Beach
200 S Ocean Boulevard # 105, Delray Beach FL 33483
For Sale
$1,550,000
House
6 bds · 3 ba · 3,548 sqft
DEL IDA PARK, Delray Beach
202 Palm Court, Delray Beach FL 33444

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SDG Real Estate LLC