40 photos
320 SE 4th Ave
Delray Beach, FL 33483
Listing courtesy of Continental Properties, Inc.. Contact: [email protected].
RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY IN DOWNTOWN DELRAY BEACH! LOCATION, LOCATION, LOCATION! An exceptional opportunity to acquire an oversized 10,500-square-foot lot and a half in highly desirable Osceola Park, just 3 blocks from world-famous Atlantic Avenue and approximately 4 blocks from the beautiful Atlantic Ocean! Surrounded by newer luxury homes and ongoing redevelopment, this property presents an exciting opportunity for investors, builders, and buyers looking to create something special in one of Delray Beach's most desirable locations. Currently situated on the property is a charming, updated 2-bedroom, 2-bath main residence with hardwood floors, along with a separate 1-bedroom, 1-bath guest cottage. The paved rear alley provides additional access and flexibility. Enjoy the potential for rental income while exploring future redevelopment possibilities, or envision a magnificent custom luxury residence on this generously sized parcel. Just minutes from the beach, outstanding restaurants, boutique shopping, and the vibrant nightlife of Downtown Delray Beach. PRIME LOCATION! OVERSIZED LOT! EXCEPTIONAL POTENTIAL! Buyers to verify all zoning, development possibilities, and permitted uses with the City of Delray Beach.
- Principal and interest
- $11,124
- Property tax
- $3,147
- Homeowners insurance
- $1,375
- HOA
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.