Site Plan Approved Condo
For Sale
$3,200,000
235 SE 5th Avenue, Delray Beach, FL 33483
Site plan approval for a boutique condo project with room for seven luxury units.
Property SizeContact for details
Days on Market624
Property Features for 235 SE 5th Avenue
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Multifamily Units
7
Building Details
Year Built
1928
Listing Agency:
EXP Realty LLC
(561) 286-2926
Listed By:
Israel Monteiro · License #3469056
(561) 286-2926
Source:
Xome
Added: Nov 21, 2024
Changed: Jul 10
Last Checked: Jul 16 at 6:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Investment Insights
Based on property information with market context.
This site plan approved luxury condo project is designed for construction of seven condo units. Unit layouts vary by configuration, with options described as 2 bedroom/2 bathroom or 3 bedroom/3 bathroom. The project also contemplates two penthouse roof-top terraces and includes private, outdoor terrace spaces. A community luxury pool and covered parking are identified as part of the planned amenities.
The project is located in Delray Beach at 235 SE 5th Avenue. The public remarks state it is about a quarter mile from Atlantic Avenue shops and restaurants, with a walk to the beach described as less than a mile.
For buyers or developers, this presents a defined, approval-backed path for creating a small, high-end condominium community. The mix of unit sizes and the inclusion of outdoor terrace elements and covered parking support a buyer segment seeking a residential product with private outdoor space and community amenities.
The project is located in Delray Beach at 235 SE 5th Avenue. The public remarks state it is about a quarter mile from Atlantic Avenue shops and restaurants, with a walk to the beach described as less than a mile.
For buyers or developers, this presents a defined, approval-backed path for creating a small, high-end condominium community. The mix of unit sizes and the inclusion of outdoor terrace elements and covered parking support a buyer segment seeking a residential product with private outdoor space and community amenities.
Key Highlights
- Site plan approved luxury condo project with room for 7 units at 235 on Fifth
- Condo sizes planned from 1,600 to 3,119 SF
- Planned unit mix includes 2BD/2BA and 3BD/3BA condos
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
3,497
Businesses Nearby
Explore this area
Business Placement
Demographics for 33483, FL
13,103
Population
9,493
Households
1.4
Avg Household Size
59
Median Age
57%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
3,448
Density / Sq Mi
$117,854
Median Household Income
$60,502
Median Earnings
$2,306
Median Rent
$755,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Site plan approval for a boutique condo project with room for seven luxury units.
Where is this apartment building located?
The property is located at 235 SE 5th Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Site plan approved luxury condo project with room for 7 units at 235 on Fifth; Condo sizes planned from 1,600 to 3,119 SF; Planned unit mix includes 2BD/2BA and 3BD/3BA condos
