Renowned property development groups, 4TRO Development and Kastelo Development, 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 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.
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 café to sunset walks on the beach, this enclave offers the ideal balance of convenience, culture and coastal lifestyle.
“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 Kastelo 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—one 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—where 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.”
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.
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.
Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman”) owns Douglas Elliman Realty, 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.
