Vacant lot
230 SW 3rd Ave
Delray Beach10,764 sq ft lot (0.25 acres)Zoned R-1-A
Aerial from 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$237–409KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 10,764 sq ft.
Land price per sq ft, sized to this lot
$0$30$61
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$188Kto build and sell a 3,100 sq ft home here at a 15% margin.
Doesn’t pencilAt $377K for the land:Loss $13K · −1.0%Needs $507/sq ft to hit 15% · assumed $422
Land $377KBuild $713KSoft costs $71KCarry $81KSelling $78KLoss $13KSale $1.31M
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
- 10,764 sf 0.25 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 | 110 m |
| 214 SW 2nd Ave Bought for a new home · Amara Builders | Jan 2026 | $1.2M | 13,303 sf | $90 | 111 m |
| 238 SW 2nd Ave Bought for a new home · The Levi Group | Oct 2023 | $560K | 6,551 sf | $85 | 124 m |
| 218 SW 5th Ave Bought for a new home · J&V Residential Services | May 2025 | $282K | 6,726 sf | $42 | 209 m |
| 300 SW 5th Ave Vacant lot sale | Mar 2023 | $705K | 25,927 sf | $27 | 221 m |
| 229 SW 6th Ave Vacant lot sale | May 2023 | $300K | 6,817 sf | $44 | 243 m |
| 301 SW 1st Ave Bought for a new home · Acassa Construction | Aug 2025 | $725K | 8,398 sf | $86 | 253 m |
| 322 SW 5th Ave Vacant lot sale | Dec 2021 | $180K | 6,804 sf | $26 | 254 m |