luxury
Pool: Gunite
Pool: Heated
Pool: In Ground
Pool: Concrete

$3,650,000

408 SE 2nd Street, Delray Beach, FL 33483

Delray Beach, FL, 33483

5 bd · 6 ba · 3,911 sqft

Listed by The Corcoran Group

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated Monthly Payment

$23,153/ month

20% down · 6.75% interest · 30-year loan · Jumbo loan

Jumbo loan: put down about $2,817,250 or more to stay conforming. What's different?
  • A bigger down payment, often 10–20% or more
  • A higher credit score, often 700+
  • More cash reserves, often 6–12 months of payments
  • Full income documentation, sometimes a second appraisal on large loans

Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.

Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$18,939/mo
Property tax (after sale) est.
$3,691/mo
Homeowners insurance est.
$523/mo
HOA
$0/mo

Estimate only, not guaranteed. Verify before you buy or sell.

About This Property

Find similar homes

Staged, completed, and brand new—this exceptional luxury townhome is just two blocks from Atlantic Avenue in the heart of Downtown Delray Beach. Introducing a truly rare offering: the largest residence within the exclusive enclave of Osceola Villas. This remarkable home embodies the ultimate coastal lifestyle, just moments from Delray Beach's acclaimed dining, sophisticated boutiques, vibrant nightlife, and pristine shoreline. Designed for both refined everyday living and effortless entertaining, this expansive five-bedroom, five-and-a-half-bath residence spans multiple levels and is serviced by a striking glass-enclosed elevator. Elegant interiors showcase soaring ceilings, abundant natural light, and a dramatic skylight that enhances the home's bright, open ambiance. Staged, completed, and brand new, this exceptional luxury townhome is just two blocks from Atlantic Avenue in the heart of Downtown Delray Beach. Presenting a truly rare offering, this remarkable residence is the largest home within the exclusive enclave of Osceola Villas. Thoughtfully designed to capture the essence of refined coastal living, it is just moments from Delray Beach's acclaimed dining, chic boutiques, vibrant nightlife, and pristine shoreline. Designed for both elevated everyday living and effortless entertaining, this expansive five-bedroom, five-and-a-half-bathroom residence spans multiple levels and is serviced by a dramatic windowed elevator. Elegant interiors are defined by soaring ceilings, abundant natural light, and a striking skylight that enhances the home's bright, airy ambiance. At the heart of the home, the gourmet kitchen is both beautiful and functional, featuring a large island with a built-in wine refrigerator, gas cooktop, premium Miele appliances, generous cabinetry, and exceptional storage. Adjacent living and entertaining spaces flow seamlessly, while a dedicated club room with a built-in bar and an additional loft offer versatile spaces for gathering and relaxation. Indoor and outdoor living are equally impressive. On the main living level, a private south-facing heated pool with a water feature creates a serene retreat with year-round enjoyment in the center of downtown. Above, the sprawling rooftop terrace elevates entertaining with the perfect setting for sunset soirées, al fresco dining, and evenings under the stars. The primary suite is a true sanctuary, complete with dual walk-in closets, a built-in coffee bar, a tranquil sitting area, and a spa-inspired bath. Additional luxury features include side-by-side laundry, smart-home readiness, pre-wiring for electric vehicle chargers and motorized shades, and impeccable attention to detail throughout. Parking is equally exceptional, with a two-car garage with lift potential, as well as a separate golf cart garage that perfectly complements Delray's relaxed coastal lifestyle. With no HOA and immediate occupancy available, this home offers both flexibility and peace of mind. Architecturally designed by Shane Ames of Ames International Architecture, this distinctive townhome seamlessly blends sophisticated design, modern comfort, and an unbeatable downtown Delray Beach location. The information published and provided, including but not limited to prices, measurements, square footages, lot sizes, features, finishes, and calculations, is subject to errors, omissions, or changes without notice. All such information should be independently verified. All parties should conduct their own due diligence to verify all information.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 9%

    The seller has come down from $3,995,000 to $3,650,000 — a $345,000 reduction since it came on the market.

  • 238 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $23,153/mo

408 SE 2nd Street, Delray Beach, FL 33483 · Delray Beach

Location

408 SE 2nd Street, Delray Beach, FL 33483

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995