Vacant lot
317 SW 2nd St
Delray Beach9,052 sq ft lot (0.21 acres)Zoned RM
Aerial from 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$163–362KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 9,052 sq ft.
Land price per sq ft, sized to this lot
$0$32$64
Sized to this lot, nearby land sales point to about $37 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$157Kto build and sell a 2,600 sq ft home here at a 15% margin.
Doesn’t pencilAt $335K for the land:Loss $32K · −2.9%Needs $518/sq ft to hit 15% · assumed $422
Land $335KBuild $598KSoft costs $60KCarry $70KSelling $66KLoss $32KSale $1.1M
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
- RM Multiple Family Residential (Medium Density)
- Flood zone
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 9,052 sf 0.21 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 |
|---|---|---|---|---|---|
| 120 SW 3rd Ave Vacant lot sale | Nov 2023 | $175K | 6,795 sf | $26 | 127 m |
| 222 SW 4th Ave Vacant lot sale | Aug 2026 | $70K | 6,752 sf | $10 | 127 m |
| 218 SW 5th Ave Bought for a new home · J&V Residential Services | May 2025 | $282K | 6,726 sf | $42 | 184 m |
| 515 SW 2nd St Vacant lot sale | Aug 2026 | $70K | 6,734 sf | $10 | 190 m |
| 214 SW 2nd Ave Bought for a new home · Amara Builders | Jan 2026 | $1.2M | 13,303 sf | $90 | 193 m |
| 238 SW 2nd Ave Bought for a new home · The Levi Group | Oct 2023 | $560K | 6,551 sf | $85 | 244 m |
| 229 SW 6th Ave Vacant lot sale | May 2023 | $300K | 6,817 sf | $44 | 246 m |
| 300 SW 5th Ave Vacant lot sale | Mar 2023 | $705K | 25,927 sf | $27 | 302 m |