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$956K–1.1MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 9,753 sq ft.
Land price per sq ft, sized to this lot
$0$90$181
Sized to this lot, nearby land sales point to about $105 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$800Kto build and sell a 4,500 sq ft home here at a 15% margin.
TightAt $1.02M for the land:Profit $311K · 8.4%Needs $898/sq ft to hit 15% · assumed $828
Land $1.02MBuild $1.78MSoft costs $178KCarry $212KSelling $224KProfit $311KSale $3.73M
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
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 9,753 sf 0.22 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 |
|---|---|---|---|---|---|
| 8 NW 24th St Bought for a new home · BH Development & Holdings | Aug 2024 | $1.06M | 10,481 sf | $101 | 275 m |
| 200 NW 22nd St Bought for a new home · Palm Beach Builders Group | May 2023 | $1.77M | 16,261 sf | $109 | 333 m |
| 2012 NW 2nd Ave Bought for a new home · S A W Development | Dec 2022 | $1.39M | 16,575 sf | $84 | 356 m |
| 24 NW 18th St Bought for a new home · Nest Builders | Nov 2023 | $1.05M | 10,163 sf | $103 | 360 m |
| 1701 N Swinton Ave Bought for a new home · Acassa Construction | Apr 2024 | $1.1M | 11,735 sf | $94 | 364 m |
| 101 NW 17th St Bought for a new home · Elite Property Development Ma | Nov 2024 | $1M | 8,494 sf | $118 | 411 m |
| 212 NW 18th St Bought for a new home · Build Pro Construction | Jun 2023 | $1.25M | 12,702 sf | $98 | 459 m |
| 1617 NW 2nd Ave Bought for a new home | Sep 2023 | $1.02M | 8,843 sf | $116 | 486 m |