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Enrique Urdaneta

enrique.urdaneta@engelvoelkers.com +1(561) 245-0634

$ 5,500,000

Est. payment -/mo

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Active Under Contract

354 SE 5th AVE Delray Beach, FL 33483

0.58 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Osceola Park

MLS Listing ID B26022876

HOA Y/N No

Annual Tax Amount $49,625

Tax Year 2025

Contingent Other

Lot Size 0.584 Acres

Acres 0.5836

Property Sub-Type Commercial

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 Osceola Park

Area 4370

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.

Exterior

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

Present Use Commercial,Hotel/Motel,Single Family,Unimproved

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre

Faces East

Sewer Public Sewer

Water Public

Schools

Elementary Schools Pine Grove

Middle Schools Carver; G.W.

High Schools Atlantic

Others

Senior Community No

Tax ID 12434621011040070

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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

Miami Association of Realtors (SEFMIAMI MLS)

Listed by The Corcoran Group

Enrique Urdaneta

Advisor | License ID: 3308209

+1(561) 245-0634

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