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.

301 SW 1st Ave

Delray BeachBuilt by Acassa Construction~5,489 sf under air

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Aerial from 2026. The lot looked much the same in January 2025. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Sep 14, 2026

PermitDec ’25

FoundationJul ’26

VerticalSep ’26

Finish

Done

Estimated completionMar–Dec 2027From 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$2.6–3.65MOur 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: $725K Aug 2025
Lot size: 8,398 sf 0.19 acres
Declared permit value: $656K as declared; real cost runs well higher
Home size: ~5,489 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

10.5 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 Delray Beach

$0$11.6M$23.1M

This lot cost $725K. The median new-build lot in Delray Beach went for $1.02M (62 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

7 city records

Sep 14, 2026Columns InspectionPassed
Aug 7, 2026Foundation: termite pre-treatment certifiedTermite Treatment Report · Passed
Aug 7, 2026Form Board SurveyPassed
Jul 29, 2026Slab InspectionPassed
Jul 6, 2026New-home permit issuedNew-Home Permit Issued · Issued
Feb 12, 2026Demolition permitDemolition Permit · Complete
Dec 23, 2025New-home permit filedResidential New Construction Permit · Upload and Submit

Permit BLDR-008757-2025 on Delray Beach eServices: “NEW CONSTRUCTION - SINGLE FAMILY RESIDENCE … PLAN REVIEW & INSPECTIONS***”

Early access · not on the market

Interested in this home?

This looks like an owner’s own home, so it may never be listed. A licensed agent can still ask Acassa Construction about it, and flag similar homes before they reach the market.