354 SE 5th Avenue Delray Beach, FL 33483

Property Photo: 354 SE 5th Avenue FL 33483

Listing Courtesy of: BeachesMLS/FlexMLS / Listed By: The Corcoran Group

354 SE 5th Avenue Delray Beach, FL 33483

Pending (29 Days)

$5,500,000 ^(USD)

0.58

ACRES

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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.

MLS #:
B26022876

Taxes
$49,625(2025)

Lot Size
0.58 acres

Type
Land

Views
City

County
Palm Beach County

Community
Osceola Park

Listed By

Jennifer Kilpatrick, Corcoran Delray Beach/Gulf Stream
Robert Guntmacher, Corcoran Delray Beach/Gulf Stream

Source
BeachesMLS/FlexMLS
Last checked Sep 14 2026 at 5:19 PM GMT+0000

Bathroom Details

Subdivision

Osceola Park

Lot Information

City Lot
Cleared

Utility Information

Utilities: Water Available, Water Source: Public, Cable Available, Electricity Available, Phone Available
Sewer: Public Sewer

School Information

Elementary School: Pine Grove
Middle School: Carver Community
High School: Atlantic

Location

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by The Corcoran Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Copyright 2026 Beaches MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/14/26 10:19

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