Sold
Sold: a recorded sale of the finished home
Custom
Custom: a company owns the lot, but nothing on record says it’s being built to sell.
948 Banyan Dr
Drag to compare the lot in 2023 with 2026. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Jun 23, 2025PermitApr ’24
FoundationJun ’24
VerticalJul ’24
FinishOct ’24
COMay ’25
DoneMay ’25
Sold$6.5M · Jan 2026$1,094 per sq ft
The numbers
From deeds, the permit and the parcel roll- Lot purchase
- $1.96M Apr 2024
- Lot size
- 9,718 sf 0.22 acres
- Declared permit value
- Not on the permit
- Home size
- 5,942 sf on the tax roll
- Plan
- Not in the permit
- Flood zone
- AE base flood elevation 7–8 ft
- Waterfront
- Yes parcel touches a mapped waterway
- Ownership
- Company-owned lot likely a custom home
Against the market
Delray Beach · since 2021Build time, months from permit
0 mo30 mo60 mo
Built in 13.3 months, 12.6 months faster than typical (25.9 months for waterfront homes in Delray Beach).
Lot price vs. new-build lots in Tropic Isle
$0$3.73M$7.46M
This lot cost $1.96M. The median new-build lot in Tropic Isle went for $1.8M (28 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
Construction log
22 city records- Final Elevation CertificatePassed
- Foundation: termite pre-treatment certifiedFinal Termite Treatment Report · Passed
- Finishes: insulation certifiedFinal Insulation Certificate · Passed
- Final Carbon Monoxide CertificatePassed
- Building FinalPassed
- Finishes: final survey filedFinal Survey · Passed
- Finishes: blower-door test passedFinal Blower Door Test · Passed
- Window/Door FinalPassed
- Drywall/Screw InspectionPassed
- Finishes: insulation certifiedInsulation Inspection · Passed
- Framing InspectionPassed
- Wire Lath InspectionPassed
- Window/Door Buck InspectionPassed
- Roof: truss drawings filedTruss/Strapping Inspection · Passed
- Tie/Rake/Bond Beam InspectionPassed
- Columns InspectionPassed
- Slab InspectionPassed
- Grade Beam only InspectionPassed
- New-home permit issuedNew-Home Permit Issued · Issued
- Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · Complete
- New-home permit filedResidential New Construction Permit · Complete
- Demolition permitDemolition Permit · Complete
Permit 24-217512-000-000-B3-00 on Delray Beach eServices: “”
Nearby
All 33 in Tropic Isle →More new homes nearby
CompleteWaterfront
949 Banyan Dr
Tropic IsleBeachfront Builders
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$1.5M
Home5,256 sf
PermittedMar 2022
RisingWaterfront
944 Cypress Dr
Tropic IsleIntercustom Builders
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$2M
Plan~5,988 sf
Likely price$6.9–7.05M
QuietWaterfront
942 Allamanda Dr
Tropic IsleBeachfront Builders
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$4M
Home—
PermittedJun 2025
Also close by: 950 Cypress Dr · 935 Dogwood Dr · 917 Cypress Dr · 924 Allamanda Dr · 972 Allamanda Dr · 929 Dogwood Dr