354 SE 5th Avenue Delray Beach FL 33483
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
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