$5,650,000
$350K PRICE DROP

Estimated payment $34,927/month

Total Views 1,623
0.58 Acre
$9,681,143 Price per Acre
25,422 Sq Ft Lot

Highlights

  • Water Views
  • Paved or Partially Paved Lot
  • 2-minute walk to 505 Teen Center and Hobbit Skate Park
  • 25,422 Sq Ft lot

About This Lot

Newly available and ready for redevelopment, fronting gentrifying Osceola Park on SE 5th Ave. Three blocks south and within walking distance of Atlantic Avenue's Upscale Shops and Restaurants. 354 SE 5th Ave is Site Plan Ready and comprises eight unique, ultra luxurious three-story townhomes Designed by Kanthan Design. Each townhome offers 2500 sq. ft. under air, luxurious finishes, private pools and private parking.

Listing Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987

The Corcoran Group

Co-Listing Agent

Robert Guntmacher

The Corcoran Group License #3365074

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,700

Lot Details

  • 0.58 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned CBD(ci

Additional Features

  • Water Views
  • City Lot

Community Details

  • Osceola Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621011040070

Property Details

Property Type

Land

Est. Annual Taxes

$40,700

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: I95 To Atlantic East, Rt. at 5 Ave
  • Special Features: VirtualTour

Exterior Features

  • Exterior Features: Other
  • View: Water
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No

Lot Info

  • Parcel #: 12434621011040070
  • Development Status: Site Plan Filed
  • Lot Size: 1/2 to < 1 Acre,Public R
  • Lot Size Sq Ft: 25422.0
  • Zoning Description: CBD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 40700.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $45,938 $2,348,993 -- --
2023 $40,700 $2,135,448 $2,135,448 $0
2022 $39,774 $2,033,760 -- --
2021 $34,273 $1,779,540 $1,779,540 $0
2020 $30,595 $1,494,814 $1,494,814 $0
2019 $29,132 $1,423,632 $1,423,632 $0
2018 $25,777 $1,271,354 $1,271,354 $0
2017 $24,553 $1,210,799 $1,210,799 $0
2016 $22,752 $1,067,724 $0 $0
2015 $7,690 $336,928 $0 $0
2014 -- $344,460 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Price Changed $5,650,000 -5.8% --
01/07/2025 01/07/25 For Sale $6,000,000 +75.2% --
09/30/2021 09/30/21 Sold $3,425,000 -14.4% --
08/31/2021 08/31/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $4,000,000 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $3,425,000 All Country Title Agency Inc
Warranty Deed $2,400,000 Attorney
Warranty Deed $1,600,000 First Priority Title Company
Special Warranty Deed $780,000 Attorney
Trustee Deed $350,100 None Available
Warranty Deed $267,000 --
Warranty Deed $155,000 --
Warranty Deed $67,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,200,000 New Conventional
Previous Owner $1,625,000 Unknown
Previous Owner $125,000 New Conventional
Previous Owner $50,000 Commercial
Source: Public Records

Similar Property in Delray Beach, FL

  • 1405 N Federal Hwy, Delray Beach, FL 33483

    $4,600,000

    • Land
    • 0.64 Acre
    • $7,187,500 per Acre
    • 1405 N Federal Hwy
    • Delray Beach, FL

    Discover a standout opportunity to develop a 3-story building with approved plans for 9 luxurious condominiums, each offering approximately 2,500 sq. ft. of modern living space. The project includes amenities such as a pool and entertainment area, creating an ideal blend of comfort and lifestyle.Situated in a rapidly evolving area, this property is perfect for developers looking to capitalize on

    Mark Barone Compass Florida LLC

    Section Image

Source: BeachesMLS

MLS Number: R11049849

BeachesMLS

APN: 12-43-46-21-01-104-0070