705 S Ocean Blvd
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 salesSized to this lot, nearby waterfront land sales point to about $153 per sq ft. This parcel last sold for $8M in Nov 2005.
Does it pencil?
Build-and-sell pro formaDelray 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
- AE base flood elevation 7–12 ft
- Lowest floor
- 13 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
- Waterfront
- Yes dock, seawall and setback rules apply
- Lot size
- 54,158 sf 1.24 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
Waterfront · last 5 years| Address | Sold | Price | Lot | $/sq ft | Away |
|---|---|---|---|---|---|
| 939 S Ocean Blvd Bought for a new home · Cavadium | Apr 2025 | $22M | 48,217 sf | $456 | 350 m |
| 941 S Ocean Blvd Vacant lot sale | Mar 2026 | $26M | 47,180 sf | $551 | 384 m |
| 708 SE 9th St Bought for a new home · Intercustom Builders | Aug 2025 | $2.3M | 8,677 sf | $265 | 679 m |
| 1041 Lewis Cove Rd Bought for a new home · Edgewater GC | Mar 2023 | $2M | 9,392 sf | $213 | 725 m |
| 1037 Brooks Ln Bought for a new home · Enterprise Contractors | Mar 2023 | $800K | 8,638 sf | $93 | 839 m |
| 1006 Lewis Cove Rd Bought for a new home · Cavadium | Jan 2023 | $2.5M | 8,525 sf | $293 | 850 m |
| 1001 White Dr Bought for a new home · SDGC | Aug 2022 | $5.88M | 17,489 sf | $336 | 1.0 km |
| 1004 Rhodes Villa Ave Bought for a new home · SDGC | Oct 2025 | $4.65M | 12,362 sf | $376 | 1.2 km |