Vacant lot

594 SW 1st St

Delray Beach10,376 sq ft lot (0.24 acres)Zoned RM
Aerial of 594 SW 1st St, 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
$176–384KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 10,376 sq ft.
Land price per sq ft, sized to this lot
$0$30$59

Sized to this lot, nearby land sales point to about $23 per sq ft. This parcel last sold for $11K in Nov 1986.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$63Kto build and sell a 2,950 sq ft home here at a 15% margin.
Doesn’t pencilAt $239K for the land:Loss $32K · −3.0%Needs $450/sq ft to hit 15% · assumed $367
Land $239KBuild $679KSoft costs $68KCarry $65KSelling $65KLoss $32KSale $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
RM Multiple Family Residential (Medium Density)
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
10,376 sf 0.24 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
AddressSoldPriceLot$/sq ftAway
515 SW 2nd St
Vacant lot sale
Aug 2026$70K6,734 sf$10154 m
120 SW 3rd Ave
Vacant lot sale
Nov 2023$175K6,795 sf$26248 m
218 SW 5th Ave
Bought for a new home · J&V Residential Services
May 2025$282K6,726 sf$42262 m
211 SW 7th Ave
Bought for a new home · J & M Contractors of South Florida
Feb 2022$125K6,652 sf$19264 m
229 SW 6th Ave
Vacant lot sale
May 2023$300K6,817 sf$44305 m
222 SW 4th Ave
Vacant lot sale
Aug 2026$70K6,752 sf$10310 m
601 SW 3rd St
Bought for a new home · J&V Residential Services
Mar 2023$120K6,020 sf$20357 m
147 SW 9th Ave
Vacant lot sale
Nov 2022$180K7,719 sf$23358 m