Vacant lot

2605 N Federal Hwy

Delray Beach EstatesDelray Beach26,698 sq ft lot (0.61 acres)Zoned GC
Aerial of 2605 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
$1.55–1.9MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 26,698 sq ft.
Land price per sq ft, sized to this lot
$0$57$114

Sized to this lot, nearby land sales point to about $69 per sq ft. This parcel last sold for $1.07M in Nov 2005.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.02Mto build and sell a 3,750 sq ft home here at a 15% margin.
Doesn’t pencilAt $1.84M for the land:Loss $365K · −10.1%Needs $1,267/sq ft to hit 15% · assumed $961
Land $1.84MBuild $1.48MSoft costs $148KCarry $281KSelling $216KLoss $365KSale $3.6M
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
26,698 sf 0.61 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$6930 m
207 Seacrest Ln
Bought for a new home · DBT Ventures
Aug 2024$510K8,573 sf$59654 m
631 Allen Ave
Bought for a new home · Singular Construction
Jun 2024$1.1M11,718 sf$94680 m
614 Allen Ave
Bought for a new home · Azure Development
May 2023$790K10,276 sf$77731 m
13 Eastview Ave
Bought for a new home · Integrity Construction Consultants
Apr 2022$750K7,427 sf$101873 m
257 NE 17th St
Bought for a new home · S A W Development
Dec 2023$900K13,312 sf$68884 m
825 N Lake Ave
Vacant lot sale
Apr 2023$775K7,540 sf$103947 m
817 N Lake Ave
Bought for a new home · SDGC
Feb 2025$1.6M11,352 sf$141949 m