Vacant lot
217 SW 5th Ave
Delray Beach6,787 sq ft lot (0.16 acres)Zoned R-1-A
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$129–285KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,787 sq ft.
Land price per sq ft, sized to this lot
$0$34$67
Sized to this lot, nearby land sales point to about $38 per sq ft.
Does it pencil?
Build-and-sell pro formaLeft over for the landNothingAt $454/sq ft, a 2,000 sq ft home here costs more to build, carry and sell than it brings in at a 15% margin. It starts to work above about $476/sq ft, or with a smaller or cheaper build.
Doesn’t pencilAt $258K for the land:Loss $185K · −20.3%Needs $657/sq ft to hit 15% · assumed $454
Land $258KBuild $650KSoft costs $65KCarry $65KSelling $54KLoss $185KSale $908K
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
- 6,787 sf 0.16 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| Address | Sold | Price | Lot | $/sq ft | Away |
|---|---|---|---|---|---|
| 222 SW 4th Ave Vacant lot sale | Aug 2026 | $70K | 6,752 sf | $10 | 47 m |
| 218 SW 5th Ave Bought for a new home · J&V Residential Services | May 2025 | $282K | 6,726 sf | $42 | 54 m |
| 229 SW 6th Ave Vacant lot sale | May 2023 | $300K | 6,817 sf | $44 | 99 m |
| 515 SW 2nd St Vacant lot sale | Aug 2026 | $70K | 6,734 sf | $10 | 147 m |
| 300 SW 5th Ave Vacant lot sale | Mar 2023 | $705K | 25,927 sf | $27 | 155 m |
| 601 SW 3rd St Bought for a new home · J&V Residential Services | Mar 2023 | $120K | 6,020 sf | $20 | 161 m |
| 211 SW 7th Ave Bought for a new home · J & M Contractors of South Florida | Feb 2022 | $125K | 6,652 sf | $19 | 193 m |
| 322 SW 5th Ave Vacant lot sale | Dec 2021 | $180K | 6,804 sf | $26 | 210 m |