$5,500,000
354 SE 5th Avenue, Delray Beach FL 33483
Delray Beach, FL, 33483
- Lot Size
- 0.5836 acres
- Property Type
- Agriculture
- Annual Taxes
- $49,625/yr
- MLS #
- B26022876
Market Position
Using 49 of 49 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $5,500,000 · area median: $2,300,000
- Days on market
- 28 · area median: 65
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 29, 2026 · Newest source update: Jul 29, 2026
Listing courtesy of The Corcoran Group · 561-278-0433
Listed by Jennifer B Kilpatrick
Last updated: Jul 2, 2026
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.
est.$31,946/mo
Est. payment based on a $5,500,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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