2515 N Federal Hwy
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 $62 per sq ft. This parcel last sold for $1.56M in Jan 2006.
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
- GC General Commercial
- Flood zone
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 36,917 sf 0.85 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 |
|---|---|---|---|---|---|
| 2613 N Federal Hwy Vacant lot sale | Dec 2021 | $1.6M | 23,292 sf | $69 | 124 m |
| 631 Allen Ave Bought for a new home · Singular Construction | Jun 2024 | $1.1M | 11,718 sf | $94 | 590 m |
| 614 Allen Ave Bought for a new home · Azure Development | May 2023 | $790K | 10,276 sf | $77 | 637 m |
| 207 Seacrest Ln Bought for a new home · DBT Ventures | Aug 2024 | $510K | 8,573 sf | $59 | 668 m |
| 13 Eastview Ave Bought for a new home · Integrity Construction Consultants | Apr 2022 | $750K | 7,427 sf | $101 | 779 m |
| 257 NE 17th St Bought for a new home · S A W Development | Dec 2023 | $900K | 13,312 sf | $68 | 805 m |
| 825 N Lake Ave Vacant lot sale | Apr 2023 | $775K | 7,540 sf | $103 | 853 m |
| 817 N Lake Ave Bought for a new home · SDGC | Feb 2025 | $1.6M | 11,352 sf | $141 | 855 m |