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354 SE 5th Avenue Delray Beach, FL $ 5,500,000
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$ 5,500,000 Get more info
354 SE 5th Avenue
$ 5,500,000
Back to search
Share Save

354 SE 5th Avenue

Delray Beach, FL, 33483
$ 5,500,000
Baths0.0

Monthly Estimate*

$ 34,728

354 SE 5th Avenue, Delray Beach, FL 33483 - Image 1
354 SE 5th Avenue, Delray Beach, FL 33483 - Image 2
354 SE 5th Avenue, Delray Beach, FL 33483 - Image 3
354 SE 5th Avenue, Delray Beach, FL 33483 - Image 4
354 SE 5th Avenue, Delray Beach, FL 33483 - Image 5
354 SE 5th Avenue, Delray Beach, FL 33483 - Image 6
354 SE 5th Avenue, Delray Beach, FL 33483 - Image 7
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Studio

Lots and Land for sale in Delray Beach, FL

for $5,500,000. The lot size is 0.58.

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.

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Lots and Land Contingent

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 49,625

Style

Lot Size

0.58

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

B26022876
Features
General
Membership Required false
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
Legal Description OSCEOLA PARK LTS 7 THRU 10 (LESS E 10 FT SE 5TH AVE R/W) BLK 104
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Interior
Total Baths 0
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Exterior
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
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* Excluded Features
List By
Jennifer B Kilpatrick

Listing Agent

Affordability Calculator

$38,863
Per Month
89%
11%
0%
Monthly Principal & Interest
$34,728
Monthly Property Taxes
$4,135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3882623 Elementary School
739110 Middle School
Atlantic High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2026$5,500,000 Listed Price

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354 SE 5th Avenue, Delray Beach, FL, 33483 is a Lots and Land for sale at $5,500,000 with a lot size of 0.58. 354 SE 5th Avenue is a studio with 0.0 baths. The property's zip code is 33483 which is in Delray Beach, FL

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