Vacant lot

100 Gleason St 204

Reids John B VillageDelray Beach4,129 sq ft lot (0.09 acres)Zoned RM
100 Gleason St 204 in 2026100 Gleason St 204 in 20172017 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in 2017 with 2026. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales
$1.03–1.33MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 4,129 sq ft.
Land price per sq ft, sized to this lot
$0$258$517

Sized to this lot, nearby land sales point to about $279 per sq ft. This parcel last sold for $500K in Nov 2018 ($121 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.16Mto build and sell a 2,800 sq ft home here at a 15% margin.
PencilsAt $1.15M for the land:Profit $555K · 15.2%Needs $1,302/sq ft to hit 15% · assumed $1,305
Land $1.15MBuild $1.39MSoft costs $139KCarry $203KSelling $219KProfit $555KSale $3.65M
Delray Beach calibration

Calibrated on 83 Delray Beach deals. With these build costs the calculator's land budget is a median 98% of what the builders actually paid for the lot, and within 25% of it on 47 of the 83 (the old defaults came to 85%).

A quick pro forma, not an appraisal. Every number is editable; the starting points come from city records, and build cost is an assumption to replace with a builder’s bid.

The rules

City GIS and parcel roll
Zoning
RM Multiple Family Residential (Medium Density)
Flood zone
AE base flood elevation 7 ft
Lowest floor
8 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
No
Lot size
4,129 sf 0.09 acres
Ownership
Company often a builder or investor

Setbacks, height and lot coverage depend on the zoning district; see Delray Beach’s Land Development Regulations (Chapter 4, Zoning). Confirm with a surveyor and the city before you buy.

Nearby land sales

Off the water · last 5 years
AddressSoldPriceLot$/sq ftAway
1015 Miramar Dr
Bought for a new home · Azure Development
Mar 2026$3.05M12,449 sf$24577 m
1109 Miramar Dr
Bought for a new home · Big Bear Developers
Mar 2024$2.4M6,713 sf$35882 m
1118 Miramar Dr
Vacant lot sale
Sep 2023$2.9M8,577 sf$33888 m
132 Venetian Dr
Bought for a new home · Elite Property Development Ma
Oct 2022$1.76M7,588 sf$233173 m
1158 Lowry St
Bought for a new home · Nosoco
Dec 2021$900K13,800 sf$65438 m
103 Basin Dr
Bought for a new home · Firstwater Building & Design
Mar 2022$3.05M13,464 sf$227508 m
1111 Casuarina Rd
Bought for a new home · Frankel Homes Limited
Dec 2021$1.77M10,067 sf$176549 m
146 SE 7th Ave
Bought for a new home · Malion Construction
May 2024$1.38M8,673 sf$159564 m