Vacant lot

129 NW 4th Ave

Delray Beach8,133 sq ft lot (0.19 acres)Zoned R-1-A
Aerial of 129 NW 4th 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
$171–309KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,133 sq ft.
Land price per sq ft, sized to this lot
$0$30$61

Sized to this lot, nearby land sales point to about $33 per sq ft. This parcel last sold for $104K in Jul 2008.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$113Kto build and sell a 2,450 sq ft home here at a 15% margin.
Doesn’t pencilAt $268K for the land:Loss $24K · −2.4%Needs $491/sq ft to hit 15% · assumed $402
Land $268KBuild $564KSoft costs $56KCarry $61KSelling $59KLoss $24KSale $985K
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
8,133 sf 0.19 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
115 NW 4th Ave
Vacant lot sale
Apr 2026$525K10,372 sf$5129 m
114 NW 4th Ave
Vacant lot sale
Apr 2024$475K10,372 sf$4667 m
515 NW 2nd St
Bought for a new home · Pulte Home
Jan 2023$162K7,532 sf$22227 m
521 NW 2nd St
Bought for a new home · Pulte Home
Jan 2023$162K7,532 sf$22240 m
248 NW 5th Ave
Vacant lot sale
Mar 2024$225K4,352 sf$52313 m
350 NW 6th Ave
Vacant lot sale
May 2025$265K6,425 sf$41555 m
259 NW 9th Ave
Vacant lot sale
Dec 2022$230K5,441 sf$42570 m
120 SW 3rd Ave
Vacant lot sale
Nov 2023$175K6,795 sf$26586 m