Onix Delray

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Onix Delray (marketed as Ónix Delray Beach) is a new four-story boutique condominium under construction at 318 SE 5th Ave in Delray Beach (ZIP 33483), about three blocks south of Atlantic Avenue. The developer plans 26 two- and three-bedroom residences of about 1,400 to 2,000 sq ft above roughly 5,000 sq ft of ground-floor retail. In October 2026 the South Florida Business Journal reported a $25 million construction loan, with completion slated for the third quarter of 2027.

At a glance

Fact Detail
Address 318 SE 5th Ave
ZIP code 33483
Status Under construction; vertical construction began May 2025
Expected completion Third quarter of 2027 (South Florida Business Journal, October 2026)
Type New-construction condominium with ground-floor retail
Residences 26
Stories 4
Retail About 5,000 sq ft, ground floor
Developer 1112 Development
Builder Black Star Construction Group
Unit sizes (developer) About 1,400 to 2,000 sq ft
Bedrooms 2 and 3
Asking prices (MLS, October 23, 2026) About $1.55 million to $2.2 million
Active / pending listings (October 23, 2026) 4 / 4
Closed sales None yet (new construction)

What is planned

The developer describes residences with 10-foot-plus ceilings, glass balconies, walk-in closets, natural wood flooring options, flat-front kitchen cabinetry, EuroStone counters with waterfall islands, and Porcelanosa tile in the bathrooms, with each home pre-wired for smart-home systems. Planned amenities include a resort-style pool with cabanas, outdoor seating with fire pits, a summer kitchen and club room, a fitness center, EV charging, private storage, covered parking and a package room. These come from the developer’s announcements and can change before completion, so confirm the final plans and finishes with the sales team.

Sales so far

No closed sales are recorded yet. As of the October 23, 2026 MLS export, 4 residences were listed as active and 4 as pending, with asking prices from about $1.55 million to $2.2 million. When the developer announced the start of vertical construction in May 2025, it said about 30% of the residences were already sold. Availability changes quickly; see current listings below.

Buying in a building under construction

These are general points for any pre-construction condo. They are not claims about this building.

  1. Condominium documents. The condominium declaration is usually recorded near completion. Ask the developer for the proposed declaration, the estimated operating budget and the reserve schedule. Florida gives buyers who purchase from a developer 15 days to review the documents and cancel (section 718.503(1), Florida Statutes).
  2. Monthly fees. HOA fees for a new building are an estimate in the developer’s budget until owners take over. Ask how the estimate was built and when it may change.
  3. Deposits and timing. Ask how deposits are held (escrow), what happens if completion is delayed, and how the closing date is set.
  4. Rental and pet rules. Ask for the proposed rules on leasing (minimum lease length, approval steps) and on pets before you sign.
  5. Warranty and walk-through. Ask what warranties cover the unit and the building, and how the punch-list and final walk-through work.
  6. Insurance. Ask for the association’s master-policy summary and deductible, then get quotes for your own unit-owner policy and, if the address is in a flood zone, flood coverage. Look up the address on FEMA’s Flood Map Service Center.

Frequently asked questions

When will Onix Delray be finished?
The South Florida Business Journal reported in October 2026 that completion is slated for the third quarter of 2027. Earlier targets have moved, so ask the sales team for the current delivery date.

How much do residences at Onix Delray cost?
As of October 23, 2026, MLS asking prices ran from about $1.55 million to $2.2 million. There are no closed sales yet, so there is no sales history to compare against.

Where is Onix Delray?
At 318 SE 5th Ave in ZIP 33483, about three blocks south of Atlantic Avenue in downtown Delray Beach. The condominium’s legal name will be set when its declaration is recorded.

Explore more

Talk to Kurt about Onix Delray

Tell Kurt Lehmann which unit or floor plan you have in mind at Onix Delray, and we will send recent sales, current listings and the questions worth asking the association. Lehmann Realty, 111 SE 2nd Street, Suite 102, Delray Beach, FL 33444. Call 888-644-3828 or use the form below.

Data note. Details come from the developer’s announcements (May 2025), the South Florida Business Journal (October 2026) and MLS data exported through October 23, 2026, compiled by Lehmann Realty. This is a building under construction, so plans, prices and dates can change. Confirm everything with the developer before you rely on it. This is not an appraisal or a guarantee.