115 SE 5TH Street

This 0.16-acre lot at 115 SE 5th Street sits in Osceola Park, one of Delray Beach's most actively redeveloping neighborhoods, on a block where multiple new luxury homes have already been built. The existing 1980 structure offers a canvas for builders, developers, and investors looking to capitalize on the area's trajectory.

This 0.16-acre lot at 115 SE 5th Street sits in Osceola Park, one of Delray Beach's most actively redeveloping neighborhoods, on a block where multiple new luxury homes have already been built. The existing 1980 structure offers a canvas for builders, developers, and investors looking to capitalize on the area's trajectory.

Development Context

The property is positioned on a block that has seen a wave of new luxury construction, signaling strong demand for custom and spec homes in this pocket of Delray Beach. Buyers should independently verify zoning, building requirements, and development potential with the City of Delray Beach, as the value here centers on the land and its location rather than the existing improvements. Some photos in the listing have been virtually rendered.

Location

Osceola Park is located minutes from Atlantic Avenue, downtown Delray Beach, and the beach. The neighborhood's proximity to the dining, retail, and cultural corridor along Atlantic Avenue has driven significant new residential investment in recent years.

Key Features

• 0.16-acre lot in Osceola Park, Delray Beach
• Block with multiple completed new luxury builds
• Minutes from Atlantic Avenue, downtown Delray Beach, and the beach
• Existing 1980 structure on site
• Suitable for spec home or custom residence development
• Buyer to verify zoning and building requirements independently