AAtlantic Commercial AdvisorsKW Commercial · South Florida
354 SE 5th Avenue
For SaleMLSAgriculture

354 SE 5th Avenue, Delray Beach, FL

$5.50M
Jennifer B Kilpatrick · The Corcoran Group · Listed via MIAMI Commercial MLS

About this property

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.

Property facts

Location
Delray Beach, FL 33483
County
Palm Beach County
Florida risk
FEMA flood zone
Zone X, minimal risk
Ground elevation
11.5 ft
Hurricane evacuation zone
Not in a designated evacuation zone
Distance to the coast
0.2 mi

Sources: FEMA National Flood Hazard Layer (panel 12099C0979G, effective 2024-12-20), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.

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Interested in this property?

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