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$629–803KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,691 sq ft.
Land price per sq ft, sized to this lot
$0$96$192
Sized to this lot, nearby land sales point to about $108 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$440Kto build and sell a 2,950 sq ft home here at a 15% margin.
TightAt $723K for the land:Profit $36K · 1.6%Needs $922/sq ft to hit 15% · assumed $788
Land $723KBuild $1.17MSoft costs $117KCarry $144KSelling $139KProfit $36KSale $2.32M
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
- 6,691 sf 0.15 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 |
|---|---|---|---|---|---|
| 725 SE 4th Ave Bought for a new home · Edgewater GC | Jun 2025 | $800K | 6,691 sf | $120 | 17 m |
| 735 SE 4th Ave Vacant lot sale | Mar 2025 | $800K | 6,569 sf | $122 | 22 m |
| 721 SE 4th Ave Bought for a new home · Edgewater GC | May 2026 | $800K | 6,691 sf | $120 | 33 m |
| 715 SE 4th Ave Bought for a new home · Edgewater GC | May 2026 | $800K | 6,691 sf | $120 | 47 m |
| 734 SE 4th Ave Vacant lot sale | Feb 2022 | $810K | 9,853 sf | $82 | 54 m |
| 612 SE 3rd Ave Bought for a new home · Stuart & Shelby Development | Jan 2023 | $500K | 6,573 sf | $76 | 234 m |
| 827 SE 2nd Ave Bought for a new home · Marc Julien Homes | Sep 2024 | $620K | 6,599 sf | $94 | 247 m |
| 610 SE 3rd Ave Bought for a new home · De Kam General Contracting | Jun 2023 | $600K | 6,682 sf | $90 | 255 m |