Pamela Caruso - Preferred Properties Int'l Realty, Inc Logo
$5,500,000
 $29,525 est/mo Sourced by Back At You

354 SE 5th Avenue,Delray Beach, FL 33483

Delray Beach, FL 33483

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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.

Details

MLS #B26022876
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site197
Listing Provided ByThe Corcoran Group | Jennifer B Kilpatrick

Features

ZoningCBD(ci
Acreage0.58
Property ViewYes

Exterior

Lot FeaturesCleared, City Lot

Taxes

Tax Annual Amount49625

Location

Community FeaturesStreet Lights

Area Information

StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33483
Area4370
SubareaPB06
Community NameOSCEOLA PARK
Listing VS Median (in OSCEOLA PARK)
Price:
$5,500,000
low | high
Med:
$749,500
100% of Average
On site:
197
low | high
Med:
160.5
100% of Average
Sourced by Back At You

Market Activity 33483

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Additional Information

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The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

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Learn More About This Property

Pamela Caruso

Pamela A Caruso, P.A.-954-822-2600/preferred properties int'l

Preferred Properties Intl Realty Inc

SL555914 (954) 822-2600pamcaruso227@gmail.com
StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33483
Area4370
SubareaPB06
Community NameOSCEOLA PARK
Listing VS Median (in OSCEOLA PARK)
Price:
$5,500,000
low | high
Med:
$749,500
100% of Average
On site:
197
low | high
Med:
160.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $4.125M - $6.875M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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101 SE 1st Street Property Photo 1
$4,500,000
101 Se 1st Street
Delray Beach, FL 33444
1022 Langer Way Property Photo 1
$4,250,000
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Delray Beach, FL 33483
Listing Updated: October 29, 2026 at 10:53:59 AM PDT

Pamela Caruso - Preferred Properties Int'l Realty, Inc