354 Se 5th Avenue, Delray Beach, FL 33483

$5,500,000

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List Price
$5,500,000
MLS#
B26022876
Status
ACTIVE WITH CONTRACT
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.

Additional Information

Days on Market
34
Tax Amount
$49,625
Parcel Number
12434621011040070
Front Exposure
East
Directions
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.
Address
354 Se 5th Avenue, Delray Beach
Development Name
Osceola Park,354 South
Development
Osceola Park,354 South

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Listing Courtesy of The Corcoran Group, Contact: