Vacant lotWaterfront

1052 S Ocean Blvd

SeagateDelray Beach16,875 sq ft lot (0.39 acres)Zoned R-1-AA
Aerial of 1052 S Ocean Blvd, 20262026 · Palm Beach County · Palm Beach Co.

Aerial from 2026, the newest available. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales
$2.92–5.74MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 16,875 sq ft.
Land price per sq ft, sized to this lot
$0$506$1013

Sized to this lot, nearby waterfront land sales point to about $217 per sq ft. This parcel last sold for $14.3M in Dec 2011 ($844 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.96Mto build and sell a 6,600 sq ft home here at a 15% margin.
Doesn’t pencilAt $3.66M for the land:Loss $782K · −10.2%Needs $1,536/sq ft to hit 15% · assumed $1,165
Land $3.66MBuild $3.27MSoft costs $327KCarry $754KSelling $461KLoss $782KSale $7.69M
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-AA Single Family Residential
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
Yes dock, seawall and setback rules apply
Lot size
16,875 sf 0.39 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

Waterfront · last 5 years
AddressSoldPriceLot$/sq ftAway
1041 Lewis Cove Rd
Bought for a new home · Edgewater GC
Mar 2023$2M9,392 sf$21340 m
1037 Brooks Ln
Bought for a new home · Enterprise Contractors
Mar 2023$800K8,638 sf$93153 m
1006 Lewis Cove Rd
Bought for a new home · Cavadium
Jan 2023$2.5M8,525 sf$293241 m
941 S Ocean Blvd
Vacant lot sale
Mar 2026$26M47,180 sf$551314 m
1001 White Dr
Bought for a new home · SDGC
Aug 2022$5.88M17,489 sf$336345 m
939 S Ocean Blvd
Bought for a new home · Cavadium
Apr 2025$22M48,217 sf$456346 m
708 SE 9th St
Bought for a new home · Intercustom Builders
Aug 2025$2.3M8,677 sf$265478 m
1004 Rhodes Villa Ave
Bought for a new home · SDGC
Oct 2025$4.65M12,362 sf$376487 m