Filed

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

Waterfront
Custom

Custom: a company owns the lot, but nothing on record says it’s being built to sell.

939 S Ocean Blvd

Delray BeachBuilt by Cavadium~10,506 sf under air
Aerial of 939 S Ocean Blvd, 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 Apr 23, 2026
Estimated completionAug 2028 – Jun 2029Counted from today, since the permit isn’t issued yet, with the middle half of build times for waterfront homes. An estimate, not the builder’s commitment.

The numbers

From deeds, the permit and the parcel roll
Likely to sell for$46.3–59MOur 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
$22M Apr 2025
Lot size
48,217 sf 1.11 acres
Declared permit value
$6.53M as declared; real cost runs well higher
Home size
~10,506 sf under air from the permit’s plans
Plan
Not in the permit
Flood zone
AE base flood elevation 12 ft
Waterfront
Yes parcel touches a mapped waterway
Ownership
Company-owned lot likely a custom home

Against the market

Delray Beach · since 2021
Build time, months from permit
0 mo30 mo60 mo

6.6 months since the permit application. A typical waterfront home in Delray Beach takes 25.9; the middle half take 21.3–31.1.

Lot price vs. new-build lots in Delray Beach
$0$11.6M$23.1M

This lot cost $22M. The median new-build lot in Delray Beach went for $995K (62 lots).

  • This home
  • Middle half, Delray Beach waterfront

    36 waterfront homes in Delray Beach permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.

  • Median
How we calculate this

Construction log

1 city record
  1. New-home permit filedResidential New Construction Permit · In review

Permit BLDR-013867-2026 on Delray Beach eServices: “New Single Family Home”

Nearby

More new homes nearby

Also close by: 938 Seagate Dr · 955 Seasage Dr · 734 S Ocean Blvd · 919 Seasage Dr · 1015 Seasage Dr · 1111 S Ocean Blvd