354 SE 5th AvenueDelray Beach, FL 33483MLS Number B26022876

  • Price: $5,500,000
  • Est. Mortgage of $/month
  • 60 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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354 SE 5th Avenue Delray Beach FL 33483354 SE 5th Avenue Delray Beach FL 33483354 SE 5th Avenue Delray Beach FL 33483354 SE 5th Avenue Delray Beach FL 33483354 SE 5th Avenue Delray Beach FL 33483354 SE 5th Avenue Delray Beach FL 33483354 SE 5th Avenue Delray Beach FL 33483
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  • 0.58Acreage
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.
Listing by The Corcoran Group

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Ocean Estate Properties

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Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Basic Information

  • Possible Use Commercial

Basic Information

  • List Price$5,500,000
  • MLS NumberB26022876
  • Modification Date06/21/2026
  • Property SubTypeUnimproved Land
  • Property TypeLand
  • StatusActive With Contract
  • Virtual TourView Tour

Amenities

  • Community Features Street Lights

Legal

  • Parcel Number 12434621011040070
  • Universal Parcel Id urn:reso:upi:2.0:US:12099:12434621011040070

Tax Information

  • Tax Legal Description OSCEOLA PARK LTS 7 THRU 10 (LESS E 10 FT SE 5TH AVE R/W) BLK 104
  • Tax Year 2025
  • Taxes$49,625

Utilities

  • Electric 3 Phase
  • Utilities Cable Available, Electricity Available, Phone Available, Water Available
  • Waste Water DisposalPublic Sewer

Property Information

  • Acreage0.58
  • Current Use Commercial, Multi-Family, Unimproved
  • Lot Features Cleared, City Lot
  • Property Sub Type Additional Unimproved Land
  • Property View DescriptionCity
  • Vegetation Other
  • View YN Yes

School Information

  • Elementary SchoolPine Grove
  • High SchoolAtlantic
  • Junior HighCarver Community

Location

  • Address354 SE 5th Avenue
  • Area4370
  • Building Number354
  • CountyPalm Beach
  • StateFL
  • StreetSE 5th Avenue
  • SubdivisionOsceola Park
  • TownDelray Beach
  • Zip33483

Water Body

  • Water AccessPublic

Other

  • Date Listed05/01/2026
  • Documents Available Building Plans, Survey
  • Possession Close Of Escrow, Negotiable
  • Special Listing Conditions Standard

Based on information submitted to BeachesMLS as of June 30, 2026 12:32 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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