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About This Home

This 5-bedroom, 6-bathroom single family at 340 Grove Place in Delray Beach, FL is listed for $5,000,000 ($921 per sqft). Built in 2026, the home offers 5,429 sqft of living space on a 0.23 acres lot.

Agent Description

Welcome to Grove Estates - Downtown Delray's Only Gated Single-Family Home Community. Introducing the Oasis at Grove Estates built by award winning Azure Development -a new standard of luxury living in Delray Beach within true walking distance to Atlantic Ave.

This brand-new, modern residence on a 9,800+sf corner lot offers 5 bedrooms, 5 full bathrooms, 2 powder rooms, a large flexible club room with bar, and over 5,400sf of expertly crafted living space. Designed with clean lines, soaring ceilings, and expansive 12' floor to ceiling windows, this home is bathed in natural light and built for seamless indoor-outdoor living.

Covered lanai with summer kitchen and views of the pool, with sunshelf & spa from all rooms. Designed by celebrated architect Randall Stofft and curated by Czar Interiors, the Oasis spans 5,429 square feet of air-conditioned living with over 6,600 total square feet of resort-style space.

Soaring 12-foot floor-to-ceiling glass windows invite light and lush greenery into every corner of the home, creating a seamless connection to the outdoors. The dramatic floating staircase with glass railings and private elevator offer both modern flair and convenience, while the thoughtful layout effortlessly blends entertaining and everyday living.

The gourmet kitchen is a chef's dream, outfitted with professional-grade Wolf and Sub-Zero appliances, custom 12-foot cabinetry, and a hidden butler's pantry. Adjacent to the kitchen, an expansive club room offers full front and back bars and pocketing glass doors that open completely to the outdoors, perfect for hosting or relaxing in style.

Step outside into your own private oasis with an oversized saltwater pool, spa and sun shelf surrounded by dense, tropical landscaping for total privacy. The covered outdoor living area features a full summer kitchen, wood-clad ceilings, and concealed retractable screens, allowing for effortless indoor-outdoor entertaining no matter the season.

Upstairs, expansive balconies with glass railings overlook the lush central green, a landscaped park exclusive to Grove Estates, ideal for peaceful walks, yoga, or simply taking in the tranquility. Upstairs, four spacious bedrooms include a luxurious VIP suite and a stunning primary retreat, each designed with custom finishes and spa-like bathrooms.

The 5th bedroom can be optioned to an office. A three-car garage, solid steel and concrete second-floor construction, natural gas fireplace, and designer fixtures round out this exceptionally built home that merges quality with artistry at every turn.

With unmatched design, privacy, and a location just steps from the energy of downtown Delray, this is your opportunity to claim one of the most exclusive addresses in South Florida. There are only 4 of the 9 homes remaining in Grove Estates. ***Photos of this home are of 305 Grove Pl, also an Oasis Modern that sold & is being used as a furnished Model, which is available to tour. 340 Grove Pl delivery 2027***

Key Features

  • Built in 2026
  • 0.23 acre lot
  • 2 stories
  • Private pool
  • Fireplace

Property Details

2 stories
5 full, 2 half
2026

Amenities

PoolFireplaceSpaA/C

Monthly Cost Estimate

$27,466/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458
HOA$725

Estimates only. Actual payments may vary.

Location

340 Grove Place

Delray Beach, FL 33444

Grove Estates

Features & Amenities

Interior Features

BarBuilt-in FeaturesCabana BathElevatorKitchen IslandPantryUpstairs Living AreaWalk-In Closet(s)Wet Bar

Exterior Features

BalconyBuilt-in BarbecueCustom LightingOutdoor ShowerSummer Kitchen

Property Details

Flooring

Wood

Construction

Block CBS Concrete Second/Third Floor Concrete

Pool Features

Patio

Parking

OpenGarage - AttachedGarage

Heating

Central

Cooling

Central Air

Appliances

Gas Water HeaterCooktopDishwasherDisposalDryerFree-Standing FreezerGas RangeIce MakerMicrowaveOvenRefrigeratorWasherWater Heater

Questions & Answers

This 5-bedroom, 6-bathroom single family at 340 Grove Place is listed at $5,000,000 ($921/sqft). The estimated monthly payment is $22,392 based on 20% down at 6.5% interest.

HOA fees are $725/month.

Key features include: Built in 2026, 0.23 acre lot, 2 stories, Private pool, Fireplace. Interior Features: Bar, Built-in Features, Cabana Bath. Exterior Features: Balcony, Built-in Barbecue, Custom Lighting.

This property is listed by Alex Platt and can be reached at 9545922371 or alex.platt@compass.com.

AP

Alex Platt

Agent at Compass Florida LLC

(954) 592-2371

Listed by Compass Florida LLC · View on Broker Site

MLS# R11146627· Source: listhub· Updated 127 days ago

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

340 Grove Place, Delray Beach, FL 33444

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