Delray Beach, FL 33483 354 SE 5th Avenue
$5,500,000
2 more
Presented By: The Corcoran Group
Home Details
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.
Presented By: The Corcoran Group
Interior Features for 354 SE 5th Avenue
Bathrooms
Total Baths
General for 354 SE 5th Avenue
Additional Parcels Y/NNo
CityDelray Beach
Community FeaturesStreet Lights
ContingencyOther
CountyPalm Beach
Current UseCommercial, Multi-Family, Unimproved
Development StatusSite Plan Filed
DirectionsAtlantic 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.
Electric3 Phase
Elementary SchoolPine Grove
Facing DirectionEast
High SchoolAtlantic
Legal DescriptionOSCEOLA PARK LTS 7 THRU 10 (LESS E 10 FT SE 5TH AVE R/W) BLK 104
Lot Size Square Feet25422
MLS Area4370
Middle/Junior High SchoolCarver Community
PossessionClose Of Escrow, Negotiable
Possible UseCommercial
PostalCityDelray Beach
Property Sub Type AdditionalUnimproved Land
Property SubtypeUnimproved Land
Property TypeLand
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Subdivision NameOSCEOLA PARK
Tax Annual Amount49625
Tax Year2025
UtilitiesCable Available, Electricity Available, Phone Available, Water Available
ViewCity
Virtual TourClick here
Exterior for 354 SE 5th Avenue
Lot FeaturesCleared, City Lot
Lot Size Acres0.58
Road Frontage TypeCountry Road
Road Surface TypePaved
VegetationNone, Other
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Carver Community Middle School
High School
Atlantic High School
Juan Jose Penuela
Realtor®
