by Global Lifestyle Properties

Check Availability
$5,150,000
● House - In Contract

340 Grove Place

Delray Beach, FL 33444
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
5,429 Ft²
$26,538
Est. Monthly
$725
HOA / Fees

About This Property

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 2 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***
Unit Size
5,429 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$949
Property Type
House
Property Taxes
$525
HOA Dues
$725
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Beaches MLS #B26051787)

Price History

Date / Event Date Event Price
Jul 14, 2026 In contract -
In contract
Jul 13, 2026 Listed by Compass Florida LLC $5,150,000
Listed by Compass Florida LLC
Apr 7, 2026 Relisted $5,000,000
Relisted
Mar 22, 2026 No longer available -
No longer available
Dec 10, 2025 Listed by Compass Florida LLC $5,000,000
Listed by Compass Florida LLC
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 3 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***

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 5
Interior Features: Wet Bar, Breakfast Bar, Built-in Features, Elevator, Kitchen Island, Pantry, Soaking Tub, Bar, Walk-In Closet(s), Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, SeparateShower, UpperLevelPrimary
Appliances: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
Flooring Type: Wood
Laundry Features: Inside, LaundryTub
Rooms: 15
Has Fireplace
Fireplace Features: Electric
Exterior Details
Square Footage: 5429
Square Footage Source: $0
Security Features: Gated Community, Smoke Detector(s)
Property Condition: New Construction
Year Built: 2026
Waterfront Features: None
Builder Model: Oasis Modern
Building Area Total: 6629
Levels: Multi/Split, Two
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Patio, Screened, Open, Balcony
Pool Features: Heated, In Ground, Salt Water
Pool is Private
Lot Features: Corner Lot, SprinklersAutomatic, LessThanQuarterAcre
Lot Size Area: 10018.8
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Lot Size Dimensions: 82' x 120'
Water Source: Public
Financial Details
Tax Annual Amount: $6,296
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, CommonAreas
HOA/Condo/Coop Amenities: Picnic Area, Sidewalks
HOA Fee: $725
HOA Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ida Lake Terrace


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 820 Palm Trail, Delray Beach, FL, 33483

$8,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,721 ft²
820 Palm Trail, Delray Beach, FL, 33483 Listing by Kristen Reilly
Unit for rent at 1030 Langer Way, Delray Beach, FL, 33483

$6,000 /mo

  • 1 Bed
  • 1 Bath
  • 719 ft²
1030 Langer Way #5, Delray Beach, FL, 33483 Listing by Susie Fernandes
Unit for rent at 134 Madison Lane, Delray Beach, FL, 33444

$9,750 /mo

  • 3 Beds
  • 3 Baths
  • 2,140 ft²
134 Madison Lane, Delray Beach, FL, 33444 Listing by Steven T Koleno


Frequently Asked Questions

When was property at 340 Grove Way built and last sold?
The property at 340 Grove Way was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 340 Grove Way is $5,201,500.
What are some comparable homes to 340 Grove Way?
There are currently no comparable homes to 340 Grove Way.