Vacant lot

2419 N Federal Hwy

Delray Beach EstatesDelray Beach8,472 sq ft lot (0.19 acres)Zoned GC
Aerial of 2419 N Federal Hwy, 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
$686–847KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,472 sq ft.
Land price per sq ft, sized to this lot
$0$80$160

Sized to this lot, nearby land sales point to about $97 per sq ft. This parcel last sold for $50K in Dec 1998.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$739Kto build and sell a 3,350 sq ft home here at a 15% margin.
TightAt $822K for the land:Profit $355K · 11.9%Needs $923/sq ft to hit 15% · assumed $888
Land $822KBuild $1.32MSoft costs $132KCarry $164KSelling $178KProfit $355KSale $2.97M
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
GC General Commercial
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
8,472 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
2613 N Federal Hwy
Vacant lot sale
Dec 2021$1.6M23,292 sf$69170 m
631 Allen Ave
Bought for a new home · Singular Construction
Jun 2024$1.1M11,718 sf$94536 m
614 Allen Ave
Bought for a new home · Azure Development
May 2023$790K10,276 sf$77597 m
207 Seacrest Ln
Bought for a new home · DBT Ventures
Aug 2024$510K8,573 sf$59727 m
13 Eastview Ave
Bought for a new home · Integrity Construction Consultants
Apr 2022$750K7,427 sf$101743 m
257 NE 17th St
Bought for a new home · S A W Development
Dec 2023$900K13,312 sf$68803 m
825 N Lake Ave
Vacant lot sale
Apr 2023$775K7,540 sf$103810 m
817 N Lake Ave
Bought for a new home · SDGC
Feb 2025$1.6M11,352 sf$141817 m