Drag to compare the lot in 2017 with 2026. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$632K–1.15MMiddle half of nearby land sales, adjusted for lot size (11 sales), applied to this lot’s 8,773 sq ft.
Land price per sq ft, sized to this lot
$0$105$210
Sized to this lot, nearby land sales point to about $107 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$6Kto build and sell a 2,250 sq ft home here at a 15% margin.
Doesn’t pencilAt $939K for the land:Loss $870K · −80.5%Needs $1,061/sq ft to hit 15% · assumed $480
Land $939KBuild $731KSoft costs $73KCarry $142KSelling $65KLoss $870KSale $1.08M
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
- R-1-A Single Family Residential
- Flood zone
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 8,773 sf 0.20 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 |
|---|---|---|---|---|---|
| 3505 Lowson Blvd Bought for a new home · Janssen Construction | Sep 2024 | $815K | 19,863 sf | $41 | 667 m |
| 4780 Cherry Laurel Ln Bought for a new home | Aug 2023 | $900K | 14,527 sf | $62 | 1.4 km |
| 4539 Live Oak Blvd Bought for a new home · Howard Torn Construction Associates | May 2024 | $2.79M | 14,005 sf | $199 | 1.4 km |
| 4590 Live Oak Blvd Bought for a new home · Core 4 Homes | May 2026 | $1.3M | 14,052 sf | $93 | 1.5 km |
| 4198 Live Oak Blvd Bought for a new home · Ellish Construction | Feb 2024 | $1.43M | 13,673 sf | $104 | 1.8 km |
| 4770 Tree Fern Dr Bought for a new home · Ellish Construction | Mar 2025 | $1.6M | 14,000 sf | $114 | 1.8 km |
| 4802 Tree Fern Dr Bought for a new home · Ellish Construction | Jan 2025 | $2.1M | 17,228 sf | $122 | 1.9 km |
| 2520 Greenbrier Dr Bought for a new home · Bealecon Construction | Jun 2023 | $1.55M | 50,116 sf | $31 | 1.9 km |