354 SE 5th Avenue Delray Beach FL 33483

Address
354 Se 5th Avenue, Delray Beach, FL
Price
$ 5,500,000
Property Attributes
  • MLS#B26022876
  • TypeLand
  • Listing Status Active Under Contract
  • CountyPalm Beach
  • CityDelray Beach
  • Area4370
  • NeighborhoodOSCEOLA PARK
  • Zip33483
  • Style
  • Taxes$ 49625
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.58 Acres
Data Source:
Beaches MLS (FL)
Property Description

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.

Elementary School Middle School High School
Pine Grove Elementary School Carver Community Middle School Atlantic High School
Price History
5/1/2026 Listed $5,500,000

General Features

Sewer Public Sewer
Utilities Cable Available,Electricity Available,Phone Available,Water Available
Possession Close Of Escrow,Negotiable
Development Status Site Plan Filed
Electric 3 Phase
View City
Property Subtype Unimproved Land
Tax Year 2025
Current Use Commercial,Multi-Family,Unimproved
Community Features Street Lights
County Palm Beach
Property Type Land
Contingency Other
Subdivision Name OSCEOLA PARK
Facing Direction East
Possible Use Commercial
Status Active Under Contract
Directions Atlantic Avenue south on Federal Hwy aka SE 5th Avenue, 4 blocks south of Atlantic Avenue, just south of the Onix project on the west side of 5th Avenue.
High School Atlantic
City Delray Beach
MLS Area 4370
Lot Size Square Feet 25422
Elementary School Pine Grove
Tax Annual Amount 49625
Middle/Junior High School Carver Community
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/354-SE-5th-Avenue-Delray-Beach-FL-33483/unbranded
Standard Status Active Under Contract
Property Sub Type Additional Unimproved Land
PostalCity Delray Beach
Legal Description OSCEOLA PARK LTS 7 THRU 10 (LESS E 10 FT SE 5TH AVE R/W) BLK 104

Exterior Features

Vegetation None,Other
Lot Features Cleared,City Lot
Water Source Public
Lot Size Acres 0.58
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type Country Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33483

Price
AVG $4.33M
$5.5M
Taxes
AVG $26,604
$49,625

Areas We Cover