Active Under Contract

354 SE 5th Avenue

Delray Beach, FL 33483
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Acres0.58

Acre(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.

Detail Ic Property Details

Property Type : Land

Price : $5,500,000

AD Id : 77888325

MLS Id : B26022876

Lot Size : 0.58 Acre(Lot)

County : Palm Beach

Subdivision: Osceola Park

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Feature Features

  • Lot Information

    Lot Size Acres: 0.58 Lot Size Square Feet: 25,422 Lot Description: Cleared,CityLot

    Property Information

    Subdivision: OSCEOLA PARK Source Property Type: Land Property SubType: Unimproved Land Direction Faces: East

  • Listing Price Information

    Listing Price: $5500000
    Cash, Conventional, Trade

  • 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

  • School Information

    Elementary School: Pine Grove Junior High School: Carver Community 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

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1405 N Federal Highway, Delray Beach, FL, 33483 $4,300,000 -- -- -- 27,891 Sqft(Lot)
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631 B Allen Avenue, Delray Beach, FL, 33483 $1,100,000 -- -- -- Acres (Lot)--
631 C Allen Avenue, Delray Beach, FL, 33483 $1,100,000 -- -- -- Acres (Lot)--
631 A Allen Avenue, Delray Beach, FL, 33483 $1,100,000 -- -- -- Acres (Lot)--
630 B Allen Avenue, Delray Beach, FL, 33483 $1,100,000 -- -- -- Acres (Lot)--
630 A Allen Avenue, Delray Beach, FL, 33483 $1,100,000 -- -- -- Acres (Lot)--

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ByOwner last updated this listing 07/26/2026 @ 21:34

MLS: B26022876 LISTED BY: Jennifer Kilpatrick, The Corcoran Group 561-278-0433 SOURCE: Beaches MLS

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