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354 SE 5th Avenue, Delray Beach FL 33483

Commercial Active With Contract
$5,500,000

BTC: 87.44038156

ETH: 3,252.51330574

28 days
0 room(s)

Overview

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.

Location

Details

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

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $815K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$49,625
2025
All facts and features
  • Lot

    • Lot: 0.58 Acres

    Other Property Information

    • Parcel Number: 12434621011040070

    • Zoning: CBD(ci

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Phone Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Phone Available

    • Water Available

  • Other financial information

    • Annual tax amount: $49,625

  • Source details

    • MLS ID: B26022876

    Other facts

    • Lot Features: City Location / 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre / Cleared Land / Cleared / Street Lights

    • Direction Faces: East

    • Water Source: Public

    • Subdivision Name: OSCEOLA PARK,354 South

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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: The Corcoran Group