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$1.66–1.92MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 17,468 sq ft.
Land price per sq ft, sized to this lot
$0$88$176
Sized to this lot, nearby land sales point to about $106 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$1.18Mto build and sell a 4,400 sq ft home here at a 15% margin.
Doesn’t pencilAt $1.85M for the land:Loss $21K · −0.4%Needs $1,315/sq ft to hit 15% · assumed $1,100
Land $1.85MBuild $2.18MSoft costs $218KCarry $323KSelling $290KLoss $21KSale $4.84M
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-AAA Single Family Residential
- Flood zone
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 17,468 sf 0.40 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 |
|---|---|---|---|---|---|
| 531 NW 13th St Bought for a new home · Donovan Construction Services | Sep 2023 | $1.15M | 10,877 sf | $106 | 103 m |
| 521 NW 13th St Vacant lot sale | Sep 2025 | $1.34M | 10,877 sf | $123 | 103 m |
| 1115 Lake Dr Bought for a new home · Stuart & Shelby Development | Mar 2022 | $2.29M | 14,283 sf | $161 | 145 m |
| 501 NW 13th St Bought for a new home · Complete Construction & Management | Feb 2026 | $1.3M | 10,877 sf | $120 | 145 m |
| 1408 Pine Ln Bought for a new home · Mitchells Contracting | Jun 2024 | $1.1M | 8,625 sf | $127 | 219 m |
| 1098 Hibiscus Ln Bought for a new home · SDGC | Mar 2026 | $1.8M | 14,937 sf | $121 | 258 m |
| 1012 NW 5th Ave Bought for a new home · Collin Builders | Mar 2023 | $1.3M | 14,231 sf | $91 | 296 m |
| 1010 Hibiscus Ln Bought for a new home · SDGC | May 2026 | $3.03M | 27,682 sf | $110 | 302 m |