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354 SE 5th Avenue

Delray Beach, FL 33483
  • $5,500,000
  • STATUS: Active Under Contract
  • ON SITE: 129 Days
  • MLS #: B26022876
Under Contract
UPDATED: 32 min ago
$5,500,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-09-08T14:39:10.597.
www.kaufman-propertiesfl.com/homes/176015517
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354 SE 5th Avenue Delray Beach, FL 33483

  • Price: $5,500,000
  • Status: Active Under Contract
  • On Site: 129 Days
  • Updated: 32 min ago
  • MLS #: B26022876
0
Beds
0
Baths
0
½ Baths
0.58
Acres
Neighborhood:
Osceola Park
County:
Palm Beach
Area:
Delray Beach
Elementary School:
Pine Grove
Middle School:
Carver Community
High School:
Atlantic
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.
Property Features

Association YN No Community Features Street Lights Current Use Commercial Multi- Family Unimproved Development Status Site Plan Filed Direction Faces East Electric 3 Phase Listing Terms Cash Conventional Trade Lot Features Cleared City Lot Membership Equity YN False Membership Fee Property Sub Type Unimproved Land Property Sub Type Additional Unimproved Land Restrictions Road Frontage Type Country Road Road Surface Type Paved Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 49625 Tax Year 2025 Utilities Cable Available Electricity Available Phone Available Water Available Vegetation None Other View City View YN Yes Water Source Public Waterfront YN No

Listing provided courtesy of The Corcoran Group: . Listing information © 2026 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-09-08T14:39:10.597.
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432