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.

402 Palm Trl

Las Palmas, Delray BeachBuilt by Azure Development~5,700 sf under air
402 Palm Trl in 2026402 Palm Trl in 20242024 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in 2024 with 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Jun 1, 2026
Estimated completionDec 2026 – Feb 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$6.95–9.7MOur 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
$2.5M Aug 2024
Lot size
13,024 sf 0.30 acres
Declared permit value
$794K as declared; real cost runs well higher
Home size
~5,700 sf under air from the permit’s plans
Plan
Not in the permit
Flood zone
AE base flood elevation 8 ft
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

16.3 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

17 city records
  1. Drywall/Screw InspectionPassed
  2. Finishes: insulation certifiedInsulation Inspection · Passed
  3. Framing InspectionPassed
  4. Wire Lath InspectionPassed
  5. Window/Door Buck InspectionPassed
  6. Roof: truss drawings filedTruss/Strapping Inspection · Passed
  7. Under Construction Elevation CertificatePassed
  8. Filled Cells InspectionPassed
  9. Form Board SurveyRe-inspection required
  10. Foundation: termite pre-treatment certifiedTermite Treatment Report · Passed
  11. Soil Density ReportPassed
  12. Tie/Rake/Bond Beam InspectionPassed
  13. Columns InspectionPassed
  14. Slab InspectionPassed
  15. New-home permit issuedNew-Home Permit Issued · Issued
  16. New-home permit filedResidential New Construction Permit · Issued
  17. Demolition permitDemolition Permit · Issued

Permit BLDR-000871-2025 on Delray Beach eServices: “New Construction of Residential Single Family Home … - REVIEW/INSPECTIONS)”

Nearby

More new homes nearby

All 5 in Las Palmas →

Also close by: 424 Palm Trl · 904 NE 4th St · 1 Fisher Ln · 318 Palm Trl · 315 NE 8th Ave · 318 NE 8th Ave