Premier Brokers International
354 SE 5th Avenue, Delray Beach, FL 33483
Active Under ContractBeachesMLS
Active Under ContractMLS® B26022876
$5,500,000

354 SE 5th Avenue, Delray Beach, FL 33483

Beds
—
Baths
0
Sqft
—
Est. payment$35,424/mo
Home type
Unimproved Land
Year built
—
Lot size
25,265 sqft
Price / sqft
—
HOA
$0/mo
Community
OSCEOLA PARK

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.

Listing activity

Days on market
28
Listed
May 1, 2026
MLS listing updated
5 hours ago
Feed last checked
9 minutes ago

Listed by Jennifer B Kilpatrick · The Corcoran Group

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

View
City
Waterfront property
No

Lot

Lot size
25,265 sqft
Lot size (acres)
0.58 acres
Lot features
Cleared, Street Lights
Zoning
CBD(ci
Road surface
Paved
Road frontage
Rural Road
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
East
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA

Community

Subdivision
OSCEOLA PARK
MLS area
4370
MLS subarea
PB06

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Delray Beach
County
Palm Beach
ZIP code
33483
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26022876
Possession
Close Of Escrow, Negotiable
Original list price
$5,500,000
Parcel number
12434621011040070
Annual property tax
$49,625
Tax year
2025
Tax legal description
OSCEOLA PARK LTS 7 THRU 10 (LESS E 10 FT SE 5TH AVE R/W) BLK 104
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Palm Beach
Days On Market
28
Direction Faces
East
Elementary School
Pine Grove
High School
Atlantic
List Price
5500000
Listing Contract Date
2026-05-01
Lot Size Acres
0.58
MLSArea Major
4370
MLSArea Minor
PB06
Middle Or Junior School
Carver Community
Mls Status
Active Under Contract
On Market Date
2026-05-01
Photos Count
7
Postal Code
33483
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
Rural Road
Road Surface Type
Paved
Standard Status
Active Under Contract
State Or Province
FL
Status Change Timestamp
2026-06-04T16:55:53Z
Subdivision Name
OSCEOLA PARK
Water Source
Public
Tax Annual Amount
49625
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 1, 2026ListedBeachesMLS$5,500,000

Public tax history

YearProperty taxesAssessment
2025$49,625—

Payment calculator

Estimated monthly payment$35,424/moIllustrative estimate, not a loan offer.
Principal & interest
$28,538
Property taxes
$4,135
Insurance
$2,750
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OSCEOLA PARK

Delray Beach · Palm Beach County · 33483

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Pine GroveElementary
—
Carver CommunityMiddle
—
AtlanticHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of The Corcoran Group. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.