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

Likely spec

Likely spec: the owner on the permit shares the builder’s business address. Not confirmed by the builder.

402 NW 7th St

Lake Ida Manor, Delray BeachBuilt by Nest Builders2 story · ~4,525 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 Oct 5, 2026

PermitMay ’26

FoundationAug ’26

VerticalAug ’26

Finish

Done

Estimated completionJun 2027 – Apr 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$4.75–6.65MOur 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: $1.54M Oct 2025
Lot size: 13,856 sf 0.32 acres
Declared permit value: $576K as declared; real cost runs well higher
Home size: ~4,525 sf under air from the permit’s plans
Plan: 2 story
Flood zone: X
Waterfront: No
Ownership: Company-owned lot likely spec: the owner on the permit shares the builder’s business address

Against the market

Delray Beach · since 2021

Build time, months from permit

0 mo30 mo60 mo

6.2 months since the permit. 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

How we calculate this

Construction log

11 city records

Oct 5, 2026Tie/Rake/Bond Beam InspectionPassed
Oct 5, 2026Columns InspectionPassed
Aug 26, 2026Roof: truss drawings filedFloor/Roof Truss System Plans/Shop Drawings · Re-inspection required
Aug 26, 2026Concrete Floor/Deck System Shop DrawingsPassed
Aug 24, 2026Slab InspectionPassed
Aug 20, 2026Foundation: termite pre-treatment certifiedTermite Treatment Report · Passed
Aug 5, 2026Soil Density ReportPassed
Aug 5, 2026Form Board SurveyPassed
Aug 4, 2026New-home permit issuedNew-Home Permit Issued · Issued
May 4, 2026New-home permit filedResidential New Construction Permit · Issued
Dec 16, 2025Demolition permitDemolition Permit · Complete

Permit BLDR-014344-2026 on Delray Beach eServices: “New residential two story home construction.”

Early access · not on the market

Get in before it lists

This one looks built to sell, and most spec homes don’t reach the MLS until they’re nearly done: it should finish Jun ’27–Apr ’28. Ask now and a licensed agent will go to Nest Builders for the plans, the price and the timing, before it’s listed.