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Site Plan Approved Condo Lot
For Sale
$2,900,000

235 SE 5th Ave, Delray Beach, FL 33444

Site plan approved for a 7-unit luxury condo project with covered parking and a community pool.

Property Size2,309 SF
Days on Market23

Property Features for 235 SE 5th Ave

General Information

Standard status Active
Size 2,309 SF
Property subtype Commercial

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $37,335

Amenities

community luxury pool
covered parking
penthouse roof-top terraces

Building Details

Building Size 2,309 SF
Year Built 1928
Stories 4
Units 7
Listing Agency: EXP REALTY LLC
Listed By: Israel Monteiro · License #3469056
Source: Elliman
Added: Jul 21 Changed: Aug 8 Last Checked: Jul 21 at 3:13AM

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.

The property is a site plan approved condo development project for up to seven luxury condo units. The planned condos would offer layouts ranging from 1,600 to 3,119 square feet, with options for 2-bedroom/2-bath or 3-bedroom/3-bath configurations, as well as rooftop terrace space for select units. The project also includes a community luxury pool and covered parking.

The development is positioned in Delray Beach, within walking distance to the beach and about a quarter mile from Atlantic Avenue shops and restaurants.

The offering is for land with approvals for the condo project, providing a defined development path and unit mix for a boutique, small-scale condominium community.

Key Highlights

  • Site plan approved for a 7‑unit luxury condo project in Delray Beach
  • Condo unit sizes range from 1,600 to 3,119 SF, with 2BD/2BA or 3BD/3BA layouts available
  • Two rooftop penthouse terraces available

Property Analytics

Current Use

AES Interiors & Associates Interior Design Rose Hilary Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Florist Veterinary Clinic Fish Market Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,497
Businesses Nearby

Demographics for 33444, FL

22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Site plan approved for a 7-unit luxury condo project with covered parking and a community pool.
Where is this residential land & home lot located?
The property is located at 235 SE 5th Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Site plan approved for a 7‑unit luxury condo project in Delray Beach; Condo unit sizes range from 1,600 to 3,119 SF, with 2BD/2BA or 3BD/3BA layouts available; Two rooftop penthouse terraces available
More about this property
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