Rising

Rising: permitted and not yet finished, with a live permit (the city extends it at each passed inspection) or city records in the past 90 days

Custom

Custom: a company owns the lot, but nothing on record says it’s being built to sell.

231 NE 16th St

Aerial of 231 NE 16th St, 20262026 · Palm Beach County · Palm Beach Co.

Aerial from 2026, before work began. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Oct 22, 2026
Estimated completionMar 2027 – Jan 2028From the permit date, 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 roll
Likely to sell for$2.9–4.05MOur 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
$830K Sep 2024
Lot size
11,252 sf 0.26 acres
Declared permit value
$556K as declared; real cost runs well higher
Home size
~4,279 sf under air from the permit’s plans
Plan
Not in the permit
Flood zone
X
Waterfront
No
Ownership
Company-owned lot likely a custom home

Against the market

Delray Beach · since 2021
Build time, months from permit
0 mo30 mo60 mo

9.1 months since the permit. A typical home off the water in Delray Beach takes 19; the middle half take 13.6–23.3.

Lot price vs. new-build lots in Plumosa Park
$0$578K$1.16M

This lot cost $830K. The median new-build lot in Plumosa Park went for $850K (14 lots).

  • 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
How we calculate this

Construction log

10 city records
  1. Filled Cells InspectionPassed
  2. Window/Door Buck InspectionPassed
  3. Foundation: termite pre-treatment certifiedTermite Treatment Report · Passed
  4. Form Board SurveyPassed
  5. Roof Sheathing InspectionPassed
  6. Tie/Rake/Bond Beam InspectionPassed
  7. Slab InspectionPassed
  8. New-home permit issuedNew-Home Permit Issued · Issued
  9. Demolition permitDemolition Permit · Issued
  10. New-home permit filedResidential New Construction Permit · Issued

Permit BLDR-010464-2026 on Delray Beach eServices: “New Construction … INSPECTIONS & PLAN REVIEW** (Project … with was $784,733, … to … fee)”

Nearby

More new homes nearby

All 18 in Plumosa Park →

Also close by: 251 NE 16th St · 258 NE 17th St · 252 NE 17th St · 250 NE 16th St · 256 NE 16th St · 257 NE 17th St