Vacant lot

1009 NW 4th Ave

Delray Beach15,486 sq ft lot (0.36 acres)Zoned R-1-AAA-B
1009 NW 4th Ave in 20261009 NW 4th Ave 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
$1.39–1.67MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 15,486 sq ft.
Land price per sq ft, sized to this lot
$0$86$173

Sized to this lot, nearby land sales point to about $104 per sq ft. This parcel last sold for $142K in Jan 1998.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.44Mto build and sell a 4,550 sq ft home here at a 15% margin.
TightAt $1.61M for the land:Profit $610K · 11.5%Needs $1,221/sq ft to hit 15% · assumed $1,169
Land $1.61MBuild $2.25MSoft costs $225KCarry $302KSelling $319KProfit $610KSale $5.32M
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
R-1-AAA-B Single Family Residential
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
15,486 sf 0.36 acres
Ownership
Private owner

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
1002 NW 4th Ave
Bought for a new home · Delray Ocean Estates North
Jun 2026$1.67M14,262 sf$11765 m
1001 NW 3rd Ave
Bought for a new home · RTG Construction
Dec 2021$1.02M12,419 sf$83100 m
1012 NW 5th Ave
Bought for a new home · Collin Builders
Mar 2023$1.3M14,231 sf$91166 m
201 NW 11th St
Bought for a new home · Azure Development
Sep 2025$1.63M15,594 sf$104183 m
720 NW 3rd Ave
Bought for a new home · BH Development & Holdings
Apr 2024$1.1M10,977 sf$100200 m
512 NW 9th St
Bought for a new home · Askari Estate Homes
Apr 2023$1.18M9,352 sf$126231 m
321 NW 7th St
Bought for a new home · Seaside Builders
Mar 2023$1.25M13,355 sf$94249 m
1010 Hibiscus Ln
Bought for a new home · SDGC
May 2026$3.03M27,682 sf$110262 m