Filed
Filed: permit applied for; the city hasn’t issued it yet
Custom
Custom: a company owns the lot, but nothing on record says it’s being built to sell.
1125 Waterway Ln
Drag to compare the lot in 2024 with 2026. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Nov 28, 2025Permit
Foundation
Vertical
Finish
CO
Done
Estimated completionDec 2027 – Oct 2028Counted from today, since the permit isn’t issued yet, with the middle half of build times for homes off the water. An estimate, not the builder’s commitment.
The numbers
From deeds, the permit and the parcel rollLikely to sell for$8.05–9.9MOur estimate from the lot’s price and what new homes nearby sold for. Not an appraisal or the builder’s price. How we estimate it
- Lot purchase
- $3M Jun 2024
- Lot size
- 14,127 sf 0.32 acres
- Declared permit value
- $3.09M as declared; real cost runs well higher
- Home size
- ~7,036 sf under air from the permit’s plans
- Plan
- 2 story
- Flood zone
- AE base flood elevation 8 ft
- Waterfront
- No
- Ownership
- Company-owned lot likely a custom home
Against the market
Delray Beach · since 2021Build time, months from permit
0 mo30 mo60 mo
11.4 months since the permit application. A typical home off the water in Delray Beach takes 19; the middle half take 13.6–23.3.
- This home
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
Construction log
2 city records- New-home permit filedResidential New Construction Permit · In review
- Demolition permitDemolition Permit · Issued
Permit BLDR-007697-2025 on Delray Beach eServices: “new 2-story single family residence”
Nearby
All 2 in Waterway Lane →More new homes nearby
Filed
1117 Waterway Ln
Waterway LaneLost Craft Builders
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought—
Plan~5,646 sf
Est. doneDec ’27–Oct ’28
Complete
1202 Seaspray Ave
Sea Spray EstatesAzure Development
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$2.8M
Home6,336 sf
PermittedSep 2023
Complete
1205 Laing St
CregoLost Craft Builders
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$2.02M
Home4,772 sf
PermittedNov 2023
Also close by: 1125 Seaspray Ave · 1126 N Vista Del Mar Dr · 1114 N Vista Del Mar Dr · 1117 Beach Dr · 1202 Vista Del Mar Dr N · 1223 Seaspray Ave