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
16 complete · 10 rising · 1 quiet
15% of their homes · rank 2 in Delray Beach
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.
10 homes in progress
Against the market
Delray Beach · homes since 2021Azure Development’s median is 22.3 months; the median for homes off the water in Delray Beach is 19.
Median declared permit value $841K per home, the 13th highest among 46 builders with three or more homes in Delray Beach. Declared values run well below real construction cost.
Their lots cost a median $1.7M (waterfront median in Delray Beach $2.05M).
- Their median
Middle half, Delray Beach off the water
352 homes off the water in Delray Beach permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.
- Median
Portfolio
| Address | Neighborhood | Permit | Status | Lot | Declared permit value | Sale |
|---|---|---|---|---|---|---|
| 1001 Palm TrlWater | Kenmont | Jul 2026 | Rising | $5.3M | $2.25M | — |
| 1015 Miramar Dr | Reids John B Village | Mar 2026 | Rising | $3.05M | $887K | — |
| 201 NW 11th St | Ida Lake Terrace | Oct 2025 | Rising | $1.63M | $963K | — |
| 614 Allen Ave | Snow Hill | Jul 2025 | Rising | $790K | $793K | — |
| 402 Palm Trl | Las Palmas | Jul 2025 | Rising | $2.5M | $794K | — |
| 424 Palm Trl | Las Palmas | Jun 2025 | Rising | $2.4M | $781K | — |
| 300 Grove Pl | Delray Beach | Feb 2025 | Quiet | $45K | — | — |
| 318 NE 8th Ave | Highland Park Delray | Dec 2024 | Sold | $1.65M | — | $5.52M |
| 716 NE 2nd St | Seestedt Stevens | Feb 2024 | Sold | $1.75M | — | $5.1M |
| 220 NW 7th St | Lakeview Heights | Jan 2024 | Sold | $1.3M | — | $5.95M |
| 340 Grove Pl | Cason Court | Dec 2023 | Rising | — | — | — |
| 320 Grove Pl | Cason Court | Dec 2023 | Rising | — | — | — |
| 310 Grove Pl | Cason Court | Dec 2023 | Sold | — | — | $4.85M |
| 335 Grove Pl | Cason Court | Dec 2023 | Rising | — | — | — |
| 325 Grove Pl | Cason Court | Dec 2023 | Rising | — | — | — |
| 315 Grove Pl | Cason Court | Dec 2023 | Sold | — | — | $4.65M |
| 305 Grove Pl | Cason Court | Dec 2023 | Sold | — | — | $4.85M |
| 1202 Seaspray Ave | Sea Spray Estates | Sep 2023 | Complete | $2.8M | — | — |
| 234 Palm Trl | Runnymede | May 2023 | Complete | $2M | — | — |
| 102 Basin DrWater | Ocean Breeze Estates | May 2023 | Sold | — | — | $20.3M |
| 708 NE 1st Ct | Seestedt Stevens | Jan 2022 | Sold | $1.13M | — | $3.66M |
| 716 SE 9th StWater | Rio Del Rey Shores | Oct 2021 | Complete | — | — | — |
| 1027 S Vista Del Mar Dr | Delray Beach Esplanade | Jul 2021 | Complete | $1.8M | — | — |
| 202 NW 7th St | Lakeview Heights | May 2021 | Complete | $655K | — | — |
| 150 Marine Way | Delray Beach | Dec 2020 | Sold | $1.2M | — | $3.11M |
| 132 NE 7th Ave | Delray Beach | Nov 2020 | Sold | $810K | — | $3.22M |
| 509 Palm TrlWater | Hofman Village | Sep 2020 | Complete | $2.6M | — | — |