Home » Properties » 318 SE 5th Avenue # C206, Delray Beach FL 33483

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318 SE 5th Avenue # C206, Delray Beach FL 33483

Contemporary 2-bed, 2-bath condo near ocean and Atlantic Avenue in Delray Beach, featuring balcony and modern interior.

$1,625,000

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MLS #R11114598

Listing Updated: 2026-07-11 06:38:42

Listed By: Douglas Elliman

Overview

This elegant 2-bedroom, 2-bath condominium offers 1495 sqft of thoughtfully designed living space in a boutique building of only 26 residences. Located just steps from both the ocean and the intracoastal waterway, the property provides a unique blend of natural beauty and urban convenience. The interior includes a cooking island, walk-in closets, family room, and laundry area, complemented by a private balcony that enhances indoor-outdoor living. Situated three blocks from the vibrant Atlantic Avenue, residents enjoy easy access to dining, shopping, and entertainment. The building’s architecture features natural fluted wood, glass balconies, and curated landscaping, creating a serene and stylish environment.

Property Highlights

2 bedrooms, 2 bathrooms, 1495 sqft, balcony, cooking island, walk-in closets, family room, laundry, boutique building with 26 units, steps from ocean and intracoastal, near Atlantic Avenue.

Property Details

City: Delray Beach

State: FL

Zip Code: 33483

Address: 318 SE 5th Avenue # C206, Delray Beach FL 33483

Year Built: 2025

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Douglas Elliman

County: Palm Beach County

Garage Spaces: 0

Parking Features: Assigned, Guest, On Street, No Rv/Boats

Interior Features: Cooking Island, Walk-In Closet(s), Family Room, Utility Room/Laundry

Exterior Features: Balcony

Waterfront: No

Pool: Yes

HOA Fee: $0

Annual Tax: $0

Days On Market: 298 Days

Original Listing Description

With only 26 exquisite boutique residences, this stunning property is located in one of the most desirable destinations in the world, just steps away from both the ocean and intracoastal waterway. Situated just three blocks from the vibrant Atlantic Avenue, this residence offers a one-of-a-kind living experience that is second to none. With its world-class architecture and thoughtful design, this property is truly a sight to behold. Featuring natural fluted wood, elegant glass balconies, and beautifully curated greenery and florals, this residence offers a sense of peace and serenity that is unmatched. Experience luxurious living at its finest.1.85% Developer Fee.All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, and change of price, rental, prior sale, leasing, or withdrawal without notice.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

318 SE 5th Avenue # C206, Delray Beach FL 33483

About This Neighborhood

Delray Beach is known for its vibrant community and coastal charm. This property is situated just a few blocks from Atlantic Avenue, the heart of the city’s dining, shopping, and cultural scene. The nearby ocean and intracoastal waterway offer recreational opportunities and scenic views. The neighborhood combines relaxed beach living with urban convenience, appealing to a wide range of residents who value accessibility and lifestyle amenities in a well-established Florida city.

Walkability & Lifestyle

This property boasts excellent walkability with Atlantic Avenue just three blocks away, offering an array of restaurants, boutiques, and entertainment venues. The proximity to the ocean and intracoastal waterway encourages outdoor activities such as walking, jogging, and waterfront relaxation. Residents can enjoy daily conveniences within walking distance, enhancing the overall lifestyle experience in Delray Beach’s vibrant community.

Things To Do Nearby

Delray Beach provides a rich variety of activities including dining on Atlantic Avenue, visiting nearby beaches, and enjoying boating or water sports on the intracoastal waterway. Cultural events, art galleries, and local shops add to the vibrant atmosphere. Outdoor enthusiasts can explore parks and marinas, while nightlife options offer entertainment after sunset. This location supports an active and diverse lifestyle.

Nearby Schools

Delray Beach offers access to a variety of educational institutions within reasonable distance. Families benefit from the convenience of schools serving the community, providing options for quality education. The neighborhood’s residential character supports a family-friendly environment, with schools accessible via short drives or local transportation, contributing to the area’s appeal for buyers with children.

Why Buyers Like This Area

Buyers appreciate this area for its combination of coastal living and urban convenience. The boutique condominium offers a peaceful retreat with modern amenities while being close to Atlantic Avenue’s vibrant scene. Its location near both the ocean and intracoastal waterway appeals to those seeking scenic views and recreational opportunities. The neighborhood’s established charm and accessibility make it a sought-after destination for a variety of lifestyles.

Investment Potential

This condominium’s prime location near the ocean and Atlantic Avenue makes it appealing for buyers seeking a desirable Florida residence. The boutique nature of the building with only 26 units adds exclusivity. Its proximity to popular destinations supports steady interest from renters and buyers alike, enhancing its usability as a seasonal or year-round home. The modern design and amenities meet contemporary lifestyle demands, making it a practical choice for those relocating or looking for a second home in Delray Beach.

Market Trends

The Delray Beach real estate market continues to attract interest due to its coastal location and lifestyle appeal. Properties near the ocean and Atlantic Avenue maintain strong demand from buyers seeking quality residences with convenient access to amenities. Boutique developments with limited units offer a unique market niche, appealing to those looking for exclusivity and modern design. The area’s market reflects steady buyer activity and a balanced inventory, supporting long-term desirability.

Rental Income Potential

Given its location close to the ocean and popular Atlantic Avenue, this condominium is well-positioned to attract tenants interested in seasonal or short-term rentals. The building’s boutique scale and quality features enhance its rental appeal. While rental income can vary, the property’s accessibility to local attractions and lifestyle amenities supports consistent tenant interest, making it a practical option for owners considering rental opportunities in Delray Beach.