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4TRO Development and Kastelo Development Unveil New Boutique Townhome Project in Delray Beach

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4TRO Development and Kastelo Development have unveiled Casa Avenida, an exclusive townhome project in Delray Beach, Florida. The boutique development features eight luxury residences ranging from 2,804 to 3,336 square feet, with prices starting at $3 million. Located at 102 SE 5th Avenue, one block from Atlantic Avenue, each four-story townhome includes private elevators, two-car garages, and elevated cocktail pools. Designed by RWB-Linares Architecture with interiors by Stef Leonel Interior Design and Ava Gray Interiors, the residences feature high ceilings, expansive windows, and two private terraces. The project is expected to be completed in Q2 2027 and is being exclusively sold by Douglas Elliman's GVC AG真人官方 Estate Team.
4TRO Development e Kastelo Development hanno presentato Casa Avenida, un esclusivo progetto di case a schiera a Delray Beach, Florida. Lo sviluppo boutique comprende otto residenze di lusso che variano da 260 a 310 metri quadrati, con prezzi a partire da 3 milioni di dollari. Situate al 102 SE 5th Avenue, a un isolato da Atlantic Avenue, ogni casa a schiera di quattro piani include ascensori privati, garage per due auto e piscine sopraelevate per cocktail. Progettate da RWB-Linares Architecture con interni di Stef Leonel Interior Design e Ava Gray Interiors, le residenze vantano soffitti alti, ampie finestre e due terrazze private. Il completamento del progetto 猫 previsto per il secondo trimestre del 2027 e la vendita esclusiva 猫 affidata al team GVC AG真人官方 Estate di Douglas Elliman.
4TRO Development y Kastelo Development han presentado Casa Avenida, un exclusivo proyecto de casas adosadas en Delray Beach, Florida. El desarrollo boutique cuenta con ocho residencias de lujo que van desde 260 a 310 metros cuadrados, con precios desde 3 millones de d贸lares. Ubicadas en el 102 SE 5th Avenue, a una cuadra de Atlantic Avenue, cada casa adosada de cuatro pisos incluye ascensores privados, garajes para dos autos y piscinas elevadas para c贸cteles. Dise帽adas por RWB-Linares Architecture con interiores de Stef Leonel Interior Design y Ava Gray Interiors, las residencias cuentan con techos altos, amplias ventanas y dos terrazas privadas. Se espera que el proyecto est茅 terminado en el segundo trimestre de 2027 y se vende exclusivamente a trav茅s del equipo GVC AG真人官方 Estate de Douglas Elliman.
4TRO Development鞕 Kastelo Development臧 頂岆毽嫟 雿鸽爤鞚� 牍勳箻鞐� 鞙勳箻頃� 霃呾爯 韮鞖错檲 頂勲鞝濏姼鞚� Casa Avenida毳� 瓿店皽頄堨姷雼堧嫟. 鞚� 攵韹绊伂 臧滊皽 頂勲鞝濏姼電� 260鞐愳劀 310韽夒癌氙疙劙鞐� 鞚措ゴ電� 8臧滌潣 瓿犼笁 欤柬儩鞙茧 甑劚霅橂┌, 臧瓴╈潃 300毵� 雼煬攵韯� 鞁滌瀾頃╇媹雼�. Atlantic Avenue鞐愳劀 頃� 敫旊 霒柎歆� 102 SE 5th Avenue鞐� 鞙勳箻頃� 臧� 4旄� 韮鞖错檲鞐愲姅 臧滌澑 鞐橂Μ氩犾澊韯�, 2雽 彀焿鞖� 彀碃, 瓿犼笁 旃淀厡鞚� 頀鞛レ澊 韽暔霅橃柎 鞛堨姷雼堧嫟. RWB-Linares Architecture臧 靹り硠頃橁碃 Stef Leonel Interior Design瓿� Ava Gray Interiors臧 鞚疙厡毽柎毳� 雼措嫻頄堨溂氅�, 雴掛潃 觳滌灔, 雱撿潃 彀诫, 霊� 臧滌潣 臧滌澑 韰岆澕鞀り皜 韸轨鞛呺媹雼�. 頂勲鞝濏姼電� 2027雲� 2攵勱赴 鞕勱车 鞓堨爼鞚措┌ Douglas Elliman鞚� GVC 攵霃欖偘 韺鞚� 霃呾爯 韺愲Г毳� 雼措嫻頃╇媹雼�.
4TRO Development et Kastelo Development ont d茅voil茅 Casa Avenida, un projet exclusif de maisons de ville 脿 Delray Beach, en Floride. Ce d茅veloppement boutique comprend huit r茅sidences de luxe allant de 260 脿 310 m猫tres carr茅s, avec des prix 脿 partir de 3 millions de dollars. Situ茅 au 102 SE 5th Avenue, 脿 un p芒t茅 de maisons de Atlantic Avenue, chaque maison de ville de quatre 茅tages dispose d'ascenseurs priv茅s, de garages pour deux voitures et de piscines sur茅lev茅es pour cocktails. Con莽ues par RWB-Linares Architecture avec des int茅rieurs sign茅s Stef Leonel Interior Design et Ava Gray Interiors, les r茅sidences offrent de hauts plafonds, de grandes fen锚tres et deux terrasses priv茅es. Le projet devrait 锚tre achev茅 au deuxi猫me trimestre 2027 et est vendu exclusivement par l'茅quipe GVC AG真人官方 Estate de Douglas Elliman.
4TRO Development und Kastelo Development haben Casa Avenida vorgestellt, ein exklusives Reihenhausprojekt in Delray Beach, Florida. Das Boutique-Projekt umfasst acht luxuri枚se Residenzen mit Gr枚脽en von 260 bis 310 Quadratmetern, die ab 3 Millionen US-Dollar erh盲ltlich sind. Die H盲user befinden sich in der 102 SE 5th Avenue, nur eine Block entfernt von der Atlantic Avenue. Jedes vierst枚ckige Reihenhaus verf眉gt 眉ber private Aufz眉ge, Garagen f眉r zwei Autos und erh枚hte Cocktailpools. Entworfen von RWB-Linares Architecture mit Innenr盲umen von Stef Leonel Interior Design und Ava Gray Interiors, zeichnen sich die Residenzen durch hohe Decken, gro脽e Fenster und zwei private Terrassen aus. Die Fertigstellung ist f眉r das zweite Quartal 2027 geplant, der exklusive Verkauf erfolgt durch das GVC AG真人官方 Estate Team von Douglas Elliman.
Positive
  • Prime location one block from Atlantic Avenue in Delray Beach, offering high walkability to restaurants, shops, and beaches
  • Luxury amenities including private elevators, two-car garages, and elevated cocktail pools
  • Spacious floor plans ranging from 2,804 to 3,336 square feet
  • Exclusive boutique development with only eight units, ensuring privacy and exclusivity
Negative
  • High entry price point starting at $3 million may limit potential buyer pool
  • Extended completion timeline with delivery not expected until Q2 2027
  • Limited inventory with only eight units available

Eight Exclusive Townhomes Feature Private Elevators and Elevated Cocktail Pools, One Block from Atlantic Avenue

DELRAY BEACH, Fla., June 10, 2025 /PRNewswire/ --聽Renowned property development groups, 4TRO Development and Kastelo Development, today launch Casa Avenida, an exclusive, four-story townhome community in the heart of Delray Beach. Located at 102 SE 5th Avenue, this boutique collection of just eight private residences, ranging from 2,804 to 3,336 square feet, introduces a new level of refined living in one of South Florida's most dynamic coastal destinations. Blending modern architecture with contemporary design, Casa Avenida boasts top-of-the-line finishes and amenities, from private elevators to secure garages and an elevated cocktail pool. Pricing is anticipated to begin around $3 million, with completion expected in the second quarter of 2027. The upscale townhomes are exclusively sold by TJ Verdiglione and Nicole Melveney of the GVC AG真人官方 Estate Team at Douglas Elliman.

"We envisioned Casa Avenida as an exclusive Atlantic Avenue retreat where residents emerge from their private sanctuary to enjoy the vibrant lifestyle of Delray Beach just steps from their front door," says Jerad Graham of 4TRO Development. "Delray has discerning buyers and we wanted to provide a unique and exclusive experience for a level of luxury that isn't available in other townhouse-style projects downtown."

At Casa Avenida, every four-story townhome is thoughtfully crafted by RWB-Linares Architecture to reflect Delray's timeless coastal charm, incorporating clean lines and elegant details that honor the city's heritage. Interiors are a collaboration between Stef Leonel Interior Design and Ava Gray Interiors, combining Brazilian-inspired warmth with curated elegance. The result is a series of open, light-filled homes with high ceilings, expansive windows, and seamless indoor-outdoor flow. Each residence includes a private elevator, two-car garages and two private terraces鈥攐ne on the second floor and another on the fourth floor. The second-floor terrace boasts an elevated cocktail pool and the fourth-floor terrace has an outdoor kitchen as well as a balcony adjacent to an air-conditioned bonus room perfect for entertaining or a peaceful retreat.

"From day one, our architectural and interior design teams collaborated seamlessly, ensuring that every element of Casa Avenida embodies Delray's signature indoor-outdoor lifestyle鈥攚here living spaces flow effortlessly into the landscape," says Stef Leonel. "By incorporating abundant natural light, lush greenery on private, elevated outdoor spaces, and premium finishes throughout, we've created a home that feels both perfectly integrated with its surroundings and truly refined for comfortable daily living."

Casa Avenida's prime location places residents just a short walk away from all that Delray Beach has to offer. Known as Florida's Village by the Sea, Delray pairs small-town charm with big-city energy. The neighborhood is highly walkable, with Atlantic Avenue's renowned restaurants, art galleries, and shopping just steps away. From morning coffee at a nearby caf茅 to sunset walks on the beach, this enclave offers the ideal balance of convenience, culture and coastal lifestyle.

For more information on Casa Avenida, please visit or contact TJ Verdiglione at 561-730-2508 or [email protected].

About 4TRO
4TRO is a real estate investment and development firm focused on multifamily, residential, industrial and mixed-use opportunities in the United States. 4TRO Development and Capital is an extension of Produgesa, a branch of the family-owned Grupo Geo with over 30 years of experience in industrial, residential, and commercial developments and investments in Central America. Expanding into the U.S. market, 4TRO brings this expertise to Florida, focusing on developments and strategic investments. They leverage their extensive experience to create exceptional properties and make informed investment decisions that drive value for their investors and positively impact the communities they serve. For more information, visit .

About Kastelo Development
Kastelo Development is a real estate investment and development firm with experience building over $600 million in residential and mixed-use projects. The firm now focuses on Florida townhomes in high-growth, supply-constrained markets. Kastelo operates with an investor-first mindset, structuring each project around capital alignment, repeatable relationships, and long-term trust. The firm is committed to delivering durable value and protecting investor capital through high quality site selection, design, and transparent execution. For more information, visit .

About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman AG真人官方ty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman AG真人官方ty is available on its website,聽.

Investors and others should note that we may post information about Douglas Elliman Inc. on our website at聽聽or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at聽聽and on our social media accounts.

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FAQ

What is the starting price for Casa Avenida townhomes in Delray Beach?

Casa Avenida townhomes start at $3 million.

When will Casa Avenida townhomes in Delray Beach be completed?

The project is expected to be completed in the second quarter of 2027.

What are the key features of Casa Avenida townhomes?

Key features include private elevators, two-car garages, elevated cocktail pools, two private terraces, high ceilings, and expansive windows.

How many square feet are the Casa Avenida townhomes?

The townhomes range from 2,804 to 3,336 square feet.

How many units are available at Casa Avenida Delray Beach?

Casa Avenida is a boutique development with just eight exclusive townhome residences.

Where is Casa Avenida located in Delray Beach?

Casa Avenida is located at 102 SE 5th Avenue, one block from Atlantic Avenue in Delray Beach, Florida.
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