Azure Development
29 new homes since 2020: 27 in Delray Beach, 2 in Boca Raton. 6 on the water, mostly in Cason Court, Las Palmas and Seestedt Stevens. State license CGC1522481.
City by city, each against its own typical build
17 complete · 11 rising · 1 quiet
21% of their homes · rank 17 overall
How the pace is measured
Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.
11 homes in progress
Against the market
Each city · homes since 2021How the pace is measured
Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.
Their median in Delray Beach is 22.3 months; the median for homes off the water in Delray Beach is 19.
Their median in Boca Raton is 30.4 months; the median for homes off the water in Boca Raton is 22.8. Small sample, so read it loosely.
Median declared permit value $925K per home, the 75th highest among 188 builders with three or more homes. Declared values run well below real construction cost.
Their lots cost a median $1.65M.
- Their median
Middle half, each city off the water
352 homes off the water in Delray Beach permitted 2021–2023, from the permit application to the certificate-of-occupancy packet. 178 homes off the water in Boca Raton permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.
- Median
Portfolio
| Address | City | Neighborhood | Permit | Status | Lot | Declared permit value | Sale |
|---|---|---|---|---|---|---|---|
| 1001 Palm TrlWater | Delray Beach | Kenmont | Jul 2026 | Rising | $5.3M | $2.25M | — |
| 1015 Miramar Dr | Delray Beach | Reids John B Village | Mar 2026 | Rising | $3.05M | $887K | — |
| 201 NW 11th St | Delray Beach | Ida Lake Terrace | Oct 2025 | Rising | $1.63M | $963K | — |
| 614 Allen Ave | Delray Beach | Snow Hill | Jul 2025 | Rising | $790K | $793K | — |
| 402 Palm Trl | Delray Beach | Las Palmas | Jul 2025 | Rising | $2.5M | $794K | — |
| 424 Palm Trl | Delray Beach | Las Palmas | Jun 2025 | Rising | $2.4M | $781K | — |
| 2600 N Ocean BlvdWater | Boca Raton | Redlhammer | Apr 2025 | Rising | — | $3.17M | — |
| 300 Grove Pl | Delray Beach | Delray Beach | Feb 2025 | Quiet | $45K | — | — |
| 318 NE 8th Ave | Delray Beach | Highland Park Delray | Dec 2024 | Sold | $1.65M | — | $5.52M |
| 716 NE 2nd St | Delray Beach | Seestedt Stevens | Feb 2024 | Sold | $1.75M | — | $5.1M |
| 861 Appleby StWater | Boca Raton | Boca Harbour | Jan 2024 | Complete | $784K | $2.6M | — |
| 220 NW 7th St | Delray Beach | Lakeview Heights | Jan 2024 | Sold | $1.3M | — | $5.95M |
| 340 Grove Pl | Delray Beach | Cason Court | Dec 2023 | Rising | — | — | — |
| 320 Grove Pl | Delray Beach | Cason Court | Dec 2023 | Rising | — | — | — |
| 310 Grove Pl | Delray Beach | Cason Court | Dec 2023 | Sold | — | — | $4.85M |
| 335 Grove Pl | Delray Beach | Cason Court | Dec 2023 | Rising | — | — | — |
| 325 Grove Pl | Delray Beach | Cason Court | Dec 2023 | Rising | — | — | — |
| 315 Grove Pl | Delray Beach | Cason Court | Dec 2023 | Sold | — | — | $4.65M |
| 305 Grove Pl | Delray Beach | Cason Court | Dec 2023 | Sold | — | — | $4.85M |
| 1202 Seaspray Ave | Delray Beach | Sea Spray Estates | Sep 2023 | Complete | $2.8M | — | — |
| 234 Palm Trl | Delray Beach | Runnymede | May 2023 | Complete | $2M | — | — |
| 102 Basin DrWater | Delray Beach | Ocean Breeze Estates | May 2023 | Sold | — | — | $20.3M |
| 708 NE 1st Ct | Delray Beach | Seestedt Stevens | Jan 2022 | Sold | $1.13M | — | $3.66M |
| 716 SE 9th StWater | Delray Beach | Rio Del Rey Shores | Oct 2021 | Complete | — | — | — |
| 1027 S Vista Del Mar Dr | Delray Beach | Delray Beach Esplanade | Jul 2021 | Complete | $1.8M | — | — |
| 202 NW 7th St | Delray Beach | Lakeview Heights | May 2021 | Complete | $655K | — | — |
| 150 Marine Way | Delray Beach | Delray Beach | Dec 2020 | Sold | $1.2M | — | $3.11M |
| 132 NE 7th Ave | Delray Beach | Delray Beach | Nov 2020 | Sold | $810K | — | $3.22M |
| 509 Palm TrlWater | Delray Beach | Hofman Village | Sep 2020 | Complete | $2.6M | — | — |