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.
Accepting backups
$5,500,000
354 SE 5th Avenue, Delray Beach, FL 33483
--beds
--baths
0.58Acres
Unimproved Land
Built in ----
0.58 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 125 days
- 31
- 2
Zillow last checked:
Listing updated:
Listed by:
Jennifer B Kilpatrick 561-573-2573,
The Corcoran Group,
Robert Guntmacher 561-870-8193,
The Corcoran Group
Source: BeachesMLS,MLS#: B26022876
Originating MLS: BeachesMLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 0.58 Acres
- Features: Cleared, City Lot
- Residential vegetation: None, Other
Details
- Parcel number: 12434621011040070
- Zoning: CBD(ci
- Special conditions: Standard
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Features: Street Lights
- Subdivision: OSCEOLA PARK
HOA
- Has HOA: No
Location
- Region: Delray Beach
Financial & listing details
- Annual tax amount: $49,625
- Date on market: 5/1/2026
- Cumulative days on market: 31 days
- Listing terms: Cash,Conventional,Trade
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,599/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $5,500,000+60.6% |
Source: | ||
| 9/30/2021 | Sold | $3,425,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Osceola Park
Nearby schools
Schools provided by the listing agent
- Elementary: Pine Grove
- Middle: Carver Community
- High: Atlantic
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






