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

Waterfront
Custom

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

950 Cypress Dr

950 Cypress Dr in 2026950 Cypress Dr 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 Sep 22, 2026
Estimated completionAug 2027 – Jun 2028From the permit date, 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
Lot purchase
$2.15M Jun 2023
Lot size
9,718 sf 0.22 acres
Declared permit value
$888K as declared; real cost runs well higher
Home size
~5,988 sf under air from the permit’s plans
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 2021
Build time, months from permit
0 mo30 mo60 mo

11.8 months since the permit. 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 Tropic Isle
$0$3.73M$7.46M

This lot cost $2.15M. 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
How we calculate this

Construction log

13 city records
  1. Tie Beam Other than Roof InspectionPassed
  2. Columns InspectionPassed
  3. Slab InspectionPartial Pass
  4. Grade Beam only InspectionPartial Pass
  5. Foundation: termite pre-treatment certifiedTermite Treatment Report · Passed
  6. Form Board SurveyPassed
  7. Foundation: soil and pile report filedEngineer's Pile Log · Passed
  8. New-home permit issuedNew-Home Permit Issued · Issued
  9. Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · Void
  10. New-home permit filedResidential New Construction Permit · Void
  11. New-home permit filedResidential New Construction Permit · Issued
  12. Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · Issued
  13. Demolition permitDemolition Permit · Issued

Permit BLDR-007224-2025 on Delray Beach eServices: “New Single Family”

Nearby

More new homes nearby

All 33 in Tropic Isle →

Also close by: 940 Dogwood Dr · 948 Banyan Dr · 929 Dogwood Dr · 949 Banyan Dr · 917 Cypress Dr · 942 Allamanda Dr