2025 promises to bring more new residential construction projects in the Delray Beach real estate market.
Last year at this time I wrote about how 2024 would bring new developments to the Delray Beach real estate market. Here’s a quick summary where there are still opportunities for you to pursue.
Current Delray Beach Real Estate Opportunities
* The luxury transformation of Bond Way / NE 8th & 9th Ave / Palm Trail / Lake Ave – you can see it all in a recent video
* Osceola Park’s continued transformation from mid-century to modern contemporary
* Lennar Homes Delray Trails – a 55+ community with over 600 homes/villas
* Enclave – a 90-home development on w Atlantic. They now have 28 homes remaining with incentives. You can see my video on that here
What Delray Beach Real Estate Growth Looks Like in 2025
Put these project on your 2025 radar:
* The Maxwell – still going thru City approvals with a plan to begin construction in late Q2, 2025. Initial reports say it’ll be 26 condos in Pineapple Grove District on NE 2nd St at the train tracks. You can this on Instagram.
* The Edge at Pineapple Grove – a potential 8-unit Townhome project on NE 6th Ave / NE 2nd St (needs city approval).
* Azure Development is already constructing Grove Estates on Lake Ida Rd. It’s an 8-home, luxury community. Call me for details.
* Layton Point by Toll Brothers should commence building this 31 single family home community in early 2025. Located off Military Trail and Sherwood Blvd.
* Onyx Delray at 318 SE 5th Ave will be a 26-unit condo community. Today there are 17 remaining units available. Call me for details.
* 235 on Fifth will be a luxury condo project with 7 units in total. I know the developer personally so call me for more details.
* Highland Park Delray on NE 5th Ave will be 6 luxury townhomes – same as above.
* Park at Delray continues moving forward on Congress Ave just south of Linton Blvd. This 43-acre site will have 675 apartments and 54 townhomes amongst others
As I gain more intel on all these new Delray Beach real estate projects, you’ll be the first to know. Being MrDowntownDelray, this is the least I can do to be helpful.
Starting next month I’ll be participating in Delray’s Citizens Academy Program. This is a six week course where each Friday for three hours I’ll learn all about the city’s operations, touring all its departments, meeting management and more. It’s part of my plan to understand Delray Beach better so I can answer your questions with more clarity or lead you in the right direction.
If you’d like more details on anything listed above contact me directly at 561-777-4089.
Every year as we approach the 4th Quarter, I look forward to what the Delray Beach real estate market may look like in the coming year. As I live downtown, I engage in as many events, projects, and city volunteer opportunities as I can.
Why? Because I love Delray… and I love my work in the Delray Beach real estate community.
(Photo above: A1A Condos lined up along the beach)
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*** In my Latest Video I share how challenged the Florida condo market is and dump a ton of data on you. If you’re thinking of buying a condo, please watch my video
*** The City of Delray Beach announced the grand opening of the highly anticipated Creative Arts School. The school, located on the Old School Square Campus at 51 N. Swinton Avenue, will offer a wide range of art classes for adults and children, beginning November 5th. More details here
*** 5 weeks ago began the new real estate selling/buying process across America via the NAR Settlement. Next week I’ll share the latest as agents, sellers and buyers navigate our new worlds
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*** South Florida’s Surging Supply Update ***
* This morning’s Inventory is 49,993 *
* Last week supply was 48,949 *
That’s a 1,044 unit Increase in one week
Since September 1st, supply is up 1,974 units
