248 NW 5th Ave
Aerial from 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded salesSized to this lot, nearby land sales point to about $59 per sq ft. This parcel last sold for $225K in Mar 2024 ($52 per sq ft, the pink dot).
Does it pencil?
Build-and-sell pro formaDelray 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
- 4,352 sf 0.10 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 |
|---|---|---|---|---|---|
| 515 NW 2nd St Bought for a new home · Pulte Home | Jan 2023 | $162K | 7,532 sf | $22 | 163 m |
| 521 NW 2nd St Bought for a new home · Pulte Home | Jan 2023 | $162K | 7,532 sf | $22 | 169 m |
| 350 NW 6th Ave Vacant lot sale | May 2025 | $265K | 6,425 sf | $41 | 242 m |
| 339 NW 8th Ave Vacant lot sale | Sep 2026 | $220K | 6,233 sf | $35 | 302 m |
| 114 NW 4th Ave Vacant lot sale | Apr 2024 | $475K | 10,372 sf | $46 | 338 m |
| 115 NW 4th Ave Vacant lot sale | Apr 2026 | $525K | 10,372 sf | $51 | 342 m |
| 259 NW 9th Ave Vacant lot sale | Dec 2022 | $230K | 5,441 sf | $42 | 344 m |
| 531 NW 4th Ave Bought for a new home · Edgewater GC | Apr 2022 | $975K | 10,598 sf | $92 | 524 m |