354 SE 5th Avenue
Delray Beach, FL 33483
25,422Sqft(Lot)
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 Details
Map
Map
Features
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Lot Information
Main Square Feet: 25422 Lot Size Acres: 0.5836 Lot Size Square Feet: 25,422 Lot Description: LessThanOneAcreProperty Information
Subdivision: OSCEOLA PARK Source Property Type: Land MLS Area Minor: Palm Beach 4220a; 4230b; 4360a; 4370b Zoning Description: CBD(ci Property SubType: Commercial Direction Faces: East
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Listing Price Information
Listing Price: $5500000Cash, Conventional
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Tax Information
Parcel Number: 12434621011040070 Tax Year: 2025 Annual Tax: $49625 Tax Legal Desc: OSCEOLA PARK LTS 7 THRU 10 (LESS E 10 FT SE 5TH AVE R/W) BLK 104
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School Information
Elementary School: Pine Grove Junior High School: Carver; G.W. Senior High School: Atlantic -
Utility Information
CableAvailable, ElectricityAvailable, PhoneAvailable, WaterAvailable -
Location Information
Direction: 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. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 0000 N Federal Highway, Delray Beach, FL, 33483 | $1,900,000 | -- | -- | -- | 22,000 Sqft(Lot) |
| 2400 N Federal Highway, Delray Beach, FL, 33483 | $7,000,000 | -- | -- | -- | 59,741 Sqft(Lot) |
| 630 B Allen Avenue, Delray Beach, FL, 33483 | $1,100,000 | -- | -- | -- | 14,201 Sqft(Lot) |
| 630 A Allen Avenue, Delray Beach, FL, 33483 | $1,100,000 | -- | -- | -- | 14,201 Sqft(Lot) |
| 1125 Waterway Lane, Delray Beach, FL, 33483 | $5,200,000 | -- | -- | -- | 14,100 Sqft(Lot) |
| 800 Palm Trail, Delray Beach, FL, 33483 | $6,700,000 | -- | -- | -- | 30,028 Sqft(Lot) |
| 245 NE 11th Street, Delray Beach, FL, 33483 | $825,000 | -- | -- | -- | 6,000 Sqft(Lot) |
| 2410 N Federal Highway, Delray Beach, FL, 33483 | $7,900,000 | -- | -- | -- | 74,364 Sqft(Lot) |
| 0000 FEDERAL HWY N Fede.., Delray Beach, FL, 33483 | $1,900,000 | -- | -- | -- | 22,000 Sqft(Lot) |
| 2419 N Federal Highway, Delray Beach, FL, 33483 | $24,500,000 | -- | -- | -- | 191,500 Sqft(Lot) |
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ByOwner last updated this listing 06/11/2026 @ 15:26
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