354 SE 5th Avenue, Delray Beach FL 33483, Delray Beach
$5,500,000
Delray Beach, FL, 33483
Property details
- Bathrooms
- 0
- Type
- Agriculture
- Days on market
- 28
- MLS #
- B26022876
Listing courtesy of The Corcoran Group · 561-278-0433. Listing agent: Jennifer B Kilpatrick. MLS data last updated 2026-07-02.
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.
354 SE 5th Avenue, Delray Beach FL 33483, Delray Beach — for sale, listed for $5,500,000 (0 bath).
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for listings for sale in delray beach: $601/sqft in 2026-W30 to $601/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=142 · 2026-07-29 · Methodology
Local market report
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Price-reduction climate
27% of 146 active listings for sale in delray beach are listed below their original asking price.
n=146 · 2026-07-29 · Methodology
Time on market
Against 146 comparable listings for sale in delray beach, this listing's 28 days on market compares with a 102-day median (24% percentile).
n=146 · 2026-07-29 · Methodology
Browse this price segment
n=79 · 2026-07-29 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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