Vacant lot

622 NW 1st St

MonroeDelray Beach6,756 sq ft lot (0.16 acres)Zoned R-1-A
Aerial of 622 NW 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
$149–297KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,756 sq ft.
Land price per sq ft, sized to this lot
$0$35$70

Sized to this lot, nearby land sales point to about $34 per sq ft. This parcel last sold for $25K in Dec 2009.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$42Kto build and sell a 1,700 sq ft home here at a 15% margin.
Doesn’t pencilAt $230K for the land:Loss $112K · −17.8%Needs $526/sq ft to hit 15% · assumed $372
Land $230KBuild $391KSoft costs $39KCarry $47KSelling $38KLoss $112KSale $632K
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
6,756 sf 0.16 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
114 NW 4th Ave
Vacant lot sale
Apr 2024$475K10,372 sf$46269 m
521 NW 2nd St
Bought for a new home · Pulte Home
Jan 2023$162K7,532 sf$22278 m
515 NW 2nd St
Bought for a new home · Pulte Home
Jan 2023$162K7,532 sf$22284 m
115 NW 4th Ave
Vacant lot sale
Apr 2026$525K10,372 sf$51335 m
106 NW 10th Ave
Vacant lot sale
Jun 2023$380K17,311 sf$22357 m
55 NW 11th Ave
Vacant lot sale
Dec 2021$151K6,861 sf$22395 m
248 NW 5th Ave
Vacant lot sale
Mar 2024$225K4,352 sf$52447 m
259 NW 9th Ave
Vacant lot sale
Dec 2022$230K5,441 sf$42474 m