Filed

Filed: permit applied for; the city hasn’t issued it yet

Likely spec

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

481 NW 5th Ave

Aerial of 481 NW 5th Ave, 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 Sep 18, 2026
Estimated completionJun 2028 – Jan 2029Counted from today, since the permit isn’t issued yet, 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$3.75–5.2MOur 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
$1.05M Mar 2026
Lot size
9,008 sf 0.21 acres
Declared permit value
$1.18M as declared; real cost runs well higher
Home size
~5,235 sf under air from the permit’s plans
Plan
Not in the permit
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

Boca Raton · since 2021
Build time, months from permit
0 mo30 mo60 mo

1.8 months since the permit application. A typical home off the water in Boca Raton takes 22.8; the middle half take 19.5–26.3.

  • This home
  • Middle half, Boca Raton off the water

    178 homes off the water in Boca Raton permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.

  • Median
How we calculate this

Construction log

2 city records
  1. New-home permit filedResidential New Construction Permit · In review
  2. Demolition permitDemolition Permit · Issued

Permit BPR-2026-02569 on Boca eHub: “Construction on a new single-family home”

Nearby

More new homes nearby

All 5 in Bible Conference Estates →

Also close by: 451 NW 7th Ave · 77 NW 5th Ave · 716 NW 6th Dr · 55 NW 6th Ave · 741 NW 6th Dr · 161 NW 3rd Ct