$5,150,000
340 Grove Place
Delray Beach, FL 33444
Explore the area: Delray Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $5,150,000
- Price per sq ft
- $949
- Vs. nearby sales
- 6.3% above
- Days on market
- 1
This 5-bedroom single-family home in Grove Estates went under contract with an asking price of $5,150,000, or $949 per square foot. It spent 1 day on the market before going under contract. The 3 most recent single-family home sales in the closings shown below sold at a median of $893 per square foot, so the asking price was 6.3% above what comparable homes here actually sold for.
Estimated monthly payment
$27,065 /mo
Principal and interest only, based on $1,030,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $725/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $5,150,000
- Days on Site
- 1 Days
- Bedrooms
- 5
- Total Baths
- 7
- Full Baths
- 5
- Partial Baths
- 2
- Living Area
- 5,429 sqft
- Total Sq Ft
- 6,629 sqft
- Lot Size
- 0.23 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- B26051787
- Property Tax
- $6,296 (2025)
- HOA Fees
- $725 / Monthly
- Subdivision
- Grove Estates
- Development
- Grove Estates
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
Welcome to Grove Estates — Downtown Delray's Only Gated Single-Family Home Community. Introducing the Oasis at Grove Estates built by award winning Azure Development —a new standard of luxury living in Delray Beach within true walking distance to Atlantic Ave. This brand-new, modern residence on a 9,800+sf corner lot offers 5 bedrooms, 5 full bathrooms, 2 powder rooms, a large flexible club room with bar, and over 5,400sf of expertly crafted living space. Designed with clean lines, soaring ceilings, and expansive 12' floor to ceiling windows, this home is bathed in natural light and built for seamless indoor-outdoor living. Covered lanai with summer kitchen and views of the pool, with sunshelf & spa from all rooms. Designed by celebrated architect Randall Stofft and curated by Czar Interiors, the Oasis spans 5,429 square feet of air-conditioned living with over 6,600 total square feet of resort-style space. Soaring 12-foot floor-to-ceiling glass windows invite light and lush greenery into every corner of the home, creating a seamless connection to the outdoors. The dramatic floating staircase with glass railings and private elevator offer both modern flair and convenience, while the thoughtful layout effortlessly blends entertaining and everyday living. The gourmet kitchen is a chef's dream, outfitted with professional-grade Wolf and Sub-Zero appliances, custom 12-foot cabinetry, and a hidden butler's pantry. Adjacent to the kitchen, an expansive club room offers full front and back bars and pocketing glass doors that open completely to the outdoors, perfect for hosting or relaxing in style. Step outside into your own private oasis with an oversized saltwater pool, spa and sun shelf surrounded by dense, tropical landscaping for total privacy. The covered outdoor living area features a full summer kitchen, wood-clad ceilings, and concealed retractable screens, allowing for effortless indoor-outdoor entertaining no matter the season. Upstairs, expansive balconies with glass railings overlook the lush central green, a landscaped park exclusive to Grove Estates, ideal for peaceful walks, yoga, or simply taking in the tranquility. Upstairs, four spacious bedrooms include a luxurious VIP suite and a stunning primary retreat, each designed with custom finishes and spa-like bathrooms. The 5th bedroom can be optioned to an office. A three-car garage, solid steel and concrete second-floor construction, natural gas fireplace, and designer fixtures round out this exceptionally built home that merges quality with artistry at every turn. With unmatched design, privacy, and a location just steps from the energy of downtown Delray, this is your opportunity to claim one of the most exclusive addresses in South Florida. There are ONLY 2 of the 9 homes remaining in Grove Estates. ***Photos of this home are of 305 Grove Pl, also an Oasis Modern that sold & is being used as a furnished Model, which is available to tour. 340 Grove Pl delivery 2027***
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Multi Split / Two
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener
- Direction Faces
- East
- Lot Size (Acres)
- 0.23
- Living Sq Ft
- 5,429
- Total Sq Ft
- 6,629
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-1-A
Interior Features
- Appliances
- Cooktop / Dryer / Dishwasher / Free Standing Freezer / Disposal / Gas Range / Gas Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Fireplace
- Yes
- Spa
- Yes
- Spa Features
- Heated / In Ground
- Interior Features
- Wet Bar / Breakfast Bar / Built In Features / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Elevator / Kitchen Island / Pantry / Soaking Tub / Separate Shower / Upper Level Primary / Bar / Walk In Closets
- Laundry
- Inside / Laundry Tub
- Main Level Bedrooms
- 0
- Main Level Baths
- 2
- Total Rooms
- 15
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Concrete
- Roof
- Built Up
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Lighting / Outdoor Kitchen / Outdoor Living Area / Outdoor Shower
- Private Pool
- Yes
- Pool Features
- Heated / In Ground / Salt Water
- Patio & Porch
- Covered / Open / Patio / Screened / Balcony
- Lot Features
- Corner Lot / Sprinklers Automatic / Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden / Pool
Community & HOA
- HOA Fee
- $725 / Monthly
- HOA Includes
- Common Areas / Security
- Association Amenities
- Picnic Area / Sidewalks
- Community Features
- Home Owners Association / Gated / Street Lights
- Security
- Gated Community / Smoke Detectors
- Utilities
- Natural Gas Available / Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions / Yes
- Financing Terms
- Cash
- Restrictions
- No Boats / No Commercial Vehicles / No Rv / Ok To Lease
- MLS Area
- 4460
Schools
- Elementary School
- Plumosa School of the Arts K-8
- Middle School
- Carver Community
- High School
- Atlantic
About the Community
Grove Estates is a luxury gated, luxury community in Delray Beach, Palm Beach County, Florida. Properties are priced from $4,600,000 to $5,000,000. Pure Equity lists homes in Grove Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 2
- Median List Price
- $4,800,000
- Median $/Sq Ft
- $993
- Avg Days on Market
- 89
Frequently Asked Questions
- How do I schedule a tour of 340 Grove Place, Delray Beach, FL 33444?
- Use the Tour button on this listing to request a showing of 340 Grove Place, Delray Beach, FL 33444. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 340 Grove Place, Delray Beach, FL 33444 still available?
- 340 Grove Place, Delray Beach, FL 33444 is currently listed as Under Contract, and has been on the market 1 day. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 340 Grove Place, Delray Beach, FL 33444?
- With 20% down ($1,030,000) on the $5,150,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 340 Grove Place, Delray Beach, FL 33444 is about $27,065/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 340 Grove Place, Delray Beach, FL 33444?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 340 Grove Place, Delray Beach, FL 33444. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 340 Grove Place, Delray Beach, FL 33444 have an HOA fee?
- Yes: 340 Grove Place, Delray Beach, FL 33444 carries an HOA fee of about $725 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 340 Grove Place, Delray Beach, FL 33444?
- 340 Grove Place, Delray Beach, FL 33444 is zoned for Plumosa School of the Arts K-8 (elementary), Carver Community (middle), Atlantic (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 340 Grove Place, Delray Beach, FL 33444?
- Often, yes. The right offer on 340 Grove Place, Delray Beach, FL 33444 depends on how it's priced against comparable single family sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 1, 2026.
$5,150,000
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Listed by Alex Platt, Compass Florida LLC
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Recent Sales
Recently sold homes in Grove Estates
These are the last 3 recorded closings in Grove Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $893 per square foot. The most recent closed on February 20, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$4,850,000
Sold · February 20, 2026
310 Grove Place
5 bed · 6 bath · 5,429 sqft · $893/sqft
$100,000 under the asking price
Sold$4,850,000
Sold · October 27, 2025
305 Grove Place
5 bed · 6 bath · 5,429 sqft · $893/sqft
$150,000 under the asking price
Sold$4,652,848
Sold · October 6, 2025
315 Grove Place
4 bed · 6 bath · 5,192 sqft · $896/sqft
$2,848 over the asking price
See every recorded sale in Grove Estates or find out what your Grove Estates home is worth.
