Builder · No. 8 on the water in Delray Beach · permits 2024–2025
Formative Builders
3houses2cities
3 new homes since 2024: 2 in Delray Beach, 1 in Boca Raton. 3 on the water, mostly in Las Palmas, Tropic Isle and Bel Marra. State license CGC1534890.
Where they build
City by city, each against its own typical build
New homes in Delray Beach2
0 complete · 1 rising · 1 quiet
On the water2
100% of their homes · rank 8 in Delray Beach
Typical build—
No finished homes yet
Top recorded sale—
No finished-home sale on record
Rising now · Delray Beach
1 home in progress
Against the market
Delray Beach · homes since 2021Median declared permit value $2.27M per home, the 3rd 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 $2.05M (waterfront median in Delray Beach $2.05M).
Every new home on record in Delray Beach
Portfolio
| Address | Neighborhood | Permit | Status | Lot | Declared permit value | Sale |
|---|---|---|---|---|---|---|
| 1 Fisher LnWater | Las Palmas | Aug 2025 | Quiet | — | $2.27M | — |
| 942 Bolender DrWater | Tropic Isle | Apr 2025 | Rising | $2.05M | — | — |