$5,500,000
354 SE 5th Avenue
Delray Beach, FL 33483
Explore the area: Delray Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $5,500,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 28
This lot in Osceola Park went under contract with an asking price of $5,500,000. It spent 28 days on the market before going under contract.
Estimated monthly payment
$28,905 /mo
Principal and interest only, based on $1,100,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $5,500,000
- Days on Site
- 28 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.58 Acres
- Property Type
- Land
- MLS #
- B26022876
- Property Tax
- $49,625 (2025)
- Subdivision
- OSCEOLA PARK
- Development
- 354 South
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Standard
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.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Under Contract
- Direction Faces
- East
- Lot Size (Acres)
- 0.58
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- CBD(ci
Exterior Features
- Lot Features
- Cleared / City Lot
- View
- City
Community & HOA
- Community Features
- Street Lights
- Utilities
- Cable Available / Electricity Available / Phone Available / Water Available
- Financing Terms
- Cash / Conventional / Trade
- MLS Area
- 4370
Schools
- Elementary School
- Pine Grove
- Middle School
- Carver Community
- High School
- Atlantic
About the Community
Osceola Park is a community in Delray Beach, Palm Beach County, Florida. Active listings are priced from $800,000 to $3,300,000. Homes were built between 1940 and 2026. Pure Equity lists homes in Osceola Park 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
- 27
- Median List Price
- $1,660,000
- Median $/Sq Ft
- $855
- Avg Days on Market
- 110
Frequently Asked Questions
- How do I schedule a tour of 354 SE 5th Avenue, Delray Beach, FL 33483?
- Use the Tour button on this listing to request a showing of 354 SE 5th Avenue, Delray Beach, FL 33483. 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 354 SE 5th Avenue, Delray Beach, FL 33483 still available?
- 354 SE 5th Avenue, Delray Beach, FL 33483 is currently listed as Under Contract, and has been on the market 28 days. 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 354 SE 5th Avenue, Delray Beach, FL 33483?
- With 20% down ($1,100,000) on the $5,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 354 SE 5th Avenue, Delray Beach, FL 33483 is about $28,905/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 354 SE 5th Avenue, Delray Beach, FL 33483?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 354 SE 5th Avenue, Delray Beach, FL 33483. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 354 SE 5th Avenue, Delray Beach, FL 33483?
- 354 SE 5th Avenue, Delray Beach, FL 33483 is zoned for Pine Grove (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 354 SE 5th Avenue, Delray Beach, FL 33483?
- Often, yes. The right offer on 354 SE 5th Avenue, Delray Beach, FL 33483 depends on how it's priced against comparable land 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 The Corcoran Group
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 July 1, 2026.
$5,500,000
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Listed by Jennifer B Kilpatrick, The Corcoran Group
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Recent Sales
Recently sold homes in Osceola Park
These are the last 2 recorded closings in Osceola Park, with the price each home actually sold for rather than what it was listed at. They closed at a median of $812 per square foot. The most recent closed on September 15, 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$775,000
Sold · September 15, 2026
629 SE 4th Avenue
4 bed · 2 bath · 1,413 sqft · $548/sqft
$124,900 under the asking price
Sold$1,000,000
Sold · July 20, 2026
730 SE 4th Avenue
3 bed · 2 bath · 1,232 sqft · $812/sqft
$100 over the asking price
See every recorded sale in Osceola Park or find out what your Osceola Park home is worth.
