NOT LISTED FOR SALE

318 SE 5th St Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $2,533,000 - $3,275,000

5 Beds
4 Baths
3,416 Sq Ft
$805/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $2,725,000 $798 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,788/month

121 Days on Market

Highlights

  • New Construction
  • Deck
  • High Ceiling
  • Gunite Pool
  • Garden View
  • 2-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

As of February 2025

Welcome to the latest addition to East Delray - our newly completed 4,100 Sq Ft luxury home comes complete with a Golf Cart to enhance your downtown experience. This ideal location is Golf Cart friendly and only five blocks to the bustling Atlantic Avenue where you'll have easy access to a vibrant array of restaurants, shops, entertainment and beaches This 5-bedroom, 4 bath home blends coastal contemporary design with the finest craftsmanship and stunning design elements including abundant natural light and captivating beamed ceilings. Elegant modern farm-style kitchen equipped with custom cabinetry, quartz countertops and Thermador appliances, including double ovens, micro drawer, lighted open shelving, Private home office along with a full bath conveniently located on the main level with the spacious bedrooms, loft and full laundry room on the second level. Amazing outdoors offers a covered patio, heated saltwater pool, complemented by an outdoor summer kitchen -just perfect for hosting. Wiring supplied for whole home generator, with speakers and alarm installed. Located amongst other completed new construction homes on a welcoming street with a tree lined divided island. The location is Golf Cart friendly and only five blocks south of the bustling Avenue in downtown Delray, you'll have easy access to a vibrant array of restaurants, shops, and entertainment. Additionally, the beach is just a short drive away, completing the ultimate Florida lifestyle experience. Beautifully Furnished is Negotiable

Last Agent to Sell the Property

Pamela Halberg

Signature Int'l Premier Properties License #3271352 Listed on: 09/25/2024

Signature Int'l Premier Properties

Last Buyer's Agent

Ryan Vandersnow

Compass Florida LLC License #3298888

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $484

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,094 Sq Ft Lot
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Garden
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 3,416 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Stuart & Shelby Development, Inc.
  • Osceola Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621010050050

Home Details

Home Type

Single Family

Est. Annual Taxes

$484

Year Built

Built in 2024 | New Construction

Lot Details

6,094 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Easy access from Federal Hwy - Turn on SE 5th Street (5 blocks South of Atlantic Ave) 3rd Block West of Federal Hwy.
  • Year Built: 2024
  • Architectural Style: Florida
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, High Ceilings, Living/Dining Room, Pantry, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile
  • Living Area: 3416.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Kitchen, Outdoor Living Area
  • View: Garden, Pool
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Gunite, Heated, Outside Bath Access, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Home Warranty
  • Home Warranty: Yes
  • Builder Name: Stuart & Shelby Development, Inc.
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Covered, Deck, Open, Patio, Balcony
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434621010050050
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning: R-1-A(

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 484.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Feb 6, 2025
Sold by
Pjb Real Estate Llc
Bought by
Plaza Ismael David and Plaza Mihaela
Seller's Agent
Pamela Halberg
Signature Int'l Premier Properties
Buyer's Agent
Ryan Vandersnow
Compass Florida LLC
List Price
$2,995,000
Sold Price
$2,725,000
Premium/Discount to List
-$270,000
-9.02%
Views
40
Current Estimated Value
$2,750,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,003
Avg. Annual Appreciation
0.83%
Original Mortgage
$1,907,500
Outstanding Balance
$1,888,486
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$861,517

Purchase Details

Listed on
Mar 16, 2023
Closed on
Mar 17, 2023
Sold by
Bomango Victoria
Bought by
Pjb Real Estate Llc
Seller's Agent
Pamela Halberg
Signature Int'l Premier Properties
Buyer's Agent
Pamela Halberg
Signature Int'l Premier Properties
List Price
$362,000
Sold Price
$360,000
Premium/Discount to List
-$2,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.49%
Original Mortgage
$270,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Plaza Ismael David $2,725,000 Producers Title
Plaza Ismael David $2,725,000 Producers Title
Pjb Real Estate Llc $360,000 Producers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plaza Ismael David $1,907,500
Closed Plaza Ismael David $1,907,500
Previous Owner Pjb Real Estate Llc $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2025 02/06/25 Sold $2,725,000 -4.4% $798 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
12/04/2024 12/04/24 Price Changed $2,850,000 -4.8% $834 / Sq Ft
09/23/2024 09/23/24 For Sale $2,995,000 +731.9% $877 / Sq Ft
03/21/2023 03/21/23 Sold $360,000 -0.6% $768 / Sq Ft View Prior Sale
03/16/2023 03/16/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $362,000 -- $772 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $5,746 $1,337,826 -- --
2024 $5,746 $300,352 -- --
2023 $484 $43,084 $0 $0
2022 $496 $41,829 $0 $0
2021 $482 $40,611 $0 $0
2020 $471 $40,050 $0 $0
2019 $461 $39,150 $0 $0
2018 $443 $38,420 $0 $0
2017 $495 $37,630 $0 $0
2016 $485 $36,856 $0 $0
2015 $488 $36,600 $0 $0
2014 $490 $36,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Pamela Halberg

    Signature Int'l Premier Properties

    (561) 542-5859

    6 in this area

    32 Total Sales

    Pamela Halberg
    Section Image
  • Ryan Vandersnow

    Buyer's Agent in 2025

    Ryan Vandersnow

    Compass Florida LLC

    (201) 446-1737

    7 in this area

    51 Total Sales

    Ryan Vandersnow
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11023887

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-21-01-005-0050

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

318 SE 5th St, Delray Beach, FL

Not Listed for Sale

Detached

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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