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$129–278KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,791 sq ft.
Land price per sq ft, sized to this lot
$0$33$66
Sized to this lot, nearby land sales point to about $35 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$115Kto build and sell a 1,900 sq ft home here at a 15% margin.
Doesn’t pencilAt $238K for the land:Loss $15K · −1.9%Needs $512/sq ft to hit 15% · assumed $422
Land $238KBuild $437KSoft costs $44KCarry $51KSelling $48KLoss $15KSale $802K
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
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 6,791 sf 0.16 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| Address | Sold | Price | Lot | $/sq ft | Away |
|---|---|---|---|---|---|
| 117 SW 10th Ave Vacant lot sale | Jun 2026 | $295K | 6,782 sf | $43 | 62 m |
| 147 SW 9th Ave Vacant lot sale | Nov 2022 | $180K | 7,719 sf | $23 | 71 m |
| 214 SW 10th Ave Bought for a new home · J&V Residential Services | Mar 2023 | $175K | 6,904 sf | $25 | 175 m |
| 205 SW 11th Ave Bought for a new home · Pulte Home | Nov 2025 | $240K | 6,800 sf | $35 | 196 m |
| 211 SW 7th Ave Bought for a new home · J & M Contractors of South Florida | Feb 2022 | $125K | 6,652 sf | $19 | 303 m |
| 515 SW 2nd St Vacant lot sale | Aug 2026 | $70K | 6,734 sf | $10 | 378 m |
| 601 SW 3rd St Bought for a new home · J&V Residential Services | Mar 2023 | $120K | 6,020 sf | $20 | 405 m |
| 229 SW 6th Ave Vacant lot sale | May 2023 | $300K | 6,817 sf | $44 | 416 m |