Vacant lot

1215 NE 2nd Ave

Salvatori GallowayDelray Beach8,612 sq ft lot (0.20 acres)Zoned R-1-A
Aerial of 1215 NE 2nd Ave, 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
$646–853KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,612 sq ft.
Land price per sq ft, sized to this lot
$0$79$158

Sized to this lot, nearby land sales point to about $91 per sq ft. This parcel last sold for $282K in Oct 2015 ($33 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$513Kto build and sell a 3,650 sq ft home here at a 15% margin.
TightAt $784K for the land:Profit $126K · 4.4%Needs $880/sq ft to hit 15% · assumed $776
Land $784KBuild $1.44MSoft costs $144KCarry $167KSelling $170KProfit $126KSale $2.83M
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-A Single Family Residential
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
8,612 sf 0.20 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
225 NE 13th St
Bought for a new home · RTG Construction
Feb 2026$660K7,758 sf$85102 m
216 NE 14th St
Bought for a new home · VF Builders & Renovation
Jul 2025$850K11,247 sf$76111 m
222 NE 14th St
Bought for a new home · AH Construction Group
Apr 2024$760K11,247 sf$68121 m
109 NE 13th St
Vacant lot sale
Apr 2024$725K7,688 sf$94130 m
1105 NE 2nd Ave
Bought for a new home · Nest Builders
Jan 2023$505K6,251 sf$81138 m
101 NE 13th St
Vacant lot sale
Jul 2024$725K7,680 sf$94142 m
114 NE 12th St
Bought for a new home · Stuart & Shelby Development
May 2022$1.5M14,035 sf$107151 m
106 Heather Ln
Bought for a new home · Rinnovo Builders
Jan 2025$1.04M9,718 sf$107204 m