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: owned by a person, so most likely built for the owner.
409 Palm Trl
Drag to compare the lot in January 2025 with 2026. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Jul 8, 2026PermitDec ’25
Foundation
Vertical
Finish
CO
Done
Estimated completionAug–Nov 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 rollLikely to sell for$4.85–6.75MOur 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
- $1.57M May 2025
- Lot size
- 6,747 sf 0.15 acres
- Declared permit value
- $469K as declared; real cost runs well higher
- Home size
- ~3,722 sf under air from the permit’s plans
- Plan
- Not in the permit
- Flood zone
- AE base flood elevation 8 ft
- Waterfront
- No
- Ownership
- Private owner likely a custom home
Against the market
Delray Beach · since 2021Build time, months from permit
0 mo30 mo60 mo
10.7 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
Construction log
4 city records- New-home permit issuedNew-Home Permit Issued · Issued
- New-home permit filedResidential New Construction Permit · Issued
- Demolition permitDemolition Permit · Void
- Demolition permitDemolition Permit · Complete
Permit BLDR-008619-2025 on Delray Beach eServices: “NEW SFR PER PLANS”
Nearby
All 5 in Las Palmas →More new homes nearby
Complete
403 Palm Trl
Las PalmasCourchene Development
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought—
Home4,594 sf
PermittedSep 2021
Rising
402 Palm Trl
Las PalmasAzure Development
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$2.5M
Plan~5,700 sf
Likely price$6.95–9.7M
CompleteWaterfront
904 NE 4th St
Delray BeachSeagate Capital Construction
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$3.8M
Home5,874 sf
PermittedOct 2022
Also close by: 424 Palm Trl · 1 Fisher Ln · 357 NE 8th Ave · 509 Palm Trl · 1004 Island Dr · 318 Palm Trl