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Kevin Deng

kevin.deng@exprealty.com +1(561) 783-7886

$ 5,500,000

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354 SE 5th AVE Delray Beach, FL 33483

0.58 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Osceola Park

MLS Listing ID B26022876

HOA Y/N No

Annual Tax Amount $49,625

Tax Year 2025

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type Unimproved Land

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.

Location

State FL

County Palm Beach

Community Street Lights

Area 4370

Zoning CBD(ci

Direction East

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Community Features Street Lights

Utilities Available Cable Available, Electricity Available, Phone Available, Water Available

View Y/N Yes

Water Access Desc Public

View City

Present Use Commercial,Multi-Family,Unimproved

Street Surface Paved

Road Frontage Country Road

Building

Lot Description Cleared, City Lot

Faces East

Sewer Public Sewer

Water Public

Schools

Elementary Schools Pine Grove

Middle Schools Carver Community

High Schools Atlantic

Others

Tax ID 12434621011040070

Acceptable Financing Cash, Conventional, Trade

Membership Fee Required false

Listing Terms Cash, Conventional, Trade

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/354-SE-5th-Avenue-Delray-Beach-FL-33483/unbranded

Listed by Jennifer B Kilpatrick The Corcoran Group

Kevin Deng

Broker Associate | License ID: 3425449

+1(561) 783-7886

Kevin Deng

354 SE 5th AVE Delray Beach, FL 33483

Key Details

Location

Interior

Exterior

Building

Schools

Others

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354 SE 5th AVE