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+14 photosLuxury home — 618 SE 2nd Avenue · Osceola Park · Delray Beach



















$925,000
618 SE 2nd Avenue, Delray Beach, FL 33483
Delray Beach, FL, 33483
— bd · 0 ba · — sqft
Listed by Lang Realty/Delray Beach
618 SE 2nd Avenue, Delray Beach, FL 33483
Listed by Lang Realty/Delray Beach
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close
618 SE 2nd Avenue, Delray Beach, FL 33483
Estimated cash to close est.
$195,415.83
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $740,000.00Conforming loan
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$195,415.83
- Down payment est.
- $185,000.00
- Mortgage note documentary stamps est.
- $2,590.00
- Mortgage intangible tax est.
- $1,480.00
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $1,870.83
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesExceptional opportunity to build your dream home in the highly sought-after Osceola Park neighborhood of Delray Beach. This oversized 50' x 150' lot, totaling approximately 7,500 square feet, is shovel-ready and primed for development. Thoughtfully designed plans are available for a stunning two-story custom residence featuring approximately 4,846 square feet under air and 6,236 total square feet, allowing you to bring your vision to life with ease. Positioned within one of Delray Beach's fastest-growing neighborhoods, the property is surrounded by luxury new construction and continued redevelopment, including a newly completed custom home next door by the same ownership. The generous lot size offers the opportunity to create a substantial custom residence while enjoying the privacy and space rarely found so close to downtown. For those seeking an even greater investment or development opportunity, the adjacent property at 610 SE 2nd Avenue is also available for purchase. Featuring two fully renovated, income-producing residences that are currently leased, it offers immediate rental income while you develop the vacant lot—or the opportunity to acquire both properties as a rare assemblage in one of Delray Beach's most desirable neighborhoods. Located just moments from the vibrant energy of Atlantic Avenue, residents enjoy world-class dining, boutique shopping, local cafés, art galleries, entertainment, and Delray's pristine beaches. Whether walking, biking, or cruising by golf cart, the ultimate downtown Delray Beach lifestyle is right at your doorstep. With redevelopment continuing throughout Osceola Park and demand remaining strong for new construction near downtown Delray Beach, this property presents an exceptional opportunity for builders, investors, or those looking to create a custom luxury residence in one of South Florida's most exciting communities.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 5%
The seller has come down from $975,000 to $925,000 — a $50,000 reduction since it came on the market.
171 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.
Property Details
Your costs (est.)
618 SE 2nd Avenue, Delray Beach, FL 33483 · Delray Beach
Location
618 SE 2nd Avenue, Delray Beach, FL 33483
What buyers ask about this home
What are the estimated monthly carrying costs at 618 SE 2nd Avenue, Delray Beach, FL 33483?+
Property tax (after sale): $935/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 618 SE 2nd Avenue, Delray Beach, FL 33483?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 618 SE 2nd Avenue, Delray Beach, FL 33483 need flood insurance, and what drives the premium?+
Most of Delray Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 618 SE 2nd Avenue, Delray Beach, FL 33483?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 618 SE 2nd Avenue, Delray Beach, FL 33483?+
This listing has been on the market 171 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Delray Beach. Walkable Atlantic Avenue, award-winning beach, and a vibrant gallery + dining scene.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Pine Grove Elementary School
Elementary · 0.6 mi from this home · 1000 Sw 4Th Ave, Delray Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
Trinity Evangelical Lutheran Chrch Of Del Ray Bch
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American Heritage School - Boca/Delray Palm Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Delray Beach
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Closed sales in the last 12 months, newest first. Tap a home for its photos and sale facts.
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