Vacant lot

974 NE 3rd Ave

Dell ParkDelray Beach5,990 sq ft lot (0.14 acres)Zoned R-1-A
974 NE 3rd Ave in 2026974 NE 3rd Ave in 20172017 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

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
$557–803KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 5,990 sq ft.
Land price per sq ft, sized to this lot
$0$107$214

Sized to this lot, nearby land sales point to about $112 per sq ft. This parcel last sold for $160K in Dec 1994.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$513Kto build and sell a 3,650 sq ft home here at a 15% margin.
TightAt $671K for the land:Profit $251K · 8.8%Needs $836/sq ft to hit 15% · assumed $776
Land $671KBuild $1.44MSoft costs $144KCarry $155KSelling $170KProfit $251KSale $2.83M
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
5,990 sf 0.14 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
226 NE 11th St
Bought for a new home · E G Homes
Mar 2023$450K5,502 sf$82133 m
221 NE 9th St
Vacant lot sale
Oct 2024$2M16,248 sf$123145 m
213 NE 9th St
Bought for a new home · Marc Julien Homes
Dec 2024$785K7,501 sf$105165 m
254 NE 12th St
Bought for a new home · Marc Julien Homes
Dec 2025$1.2M14,005 sf$86165 m
1105 NE 2nd Ave
Bought for a new home · Nest Builders
Jan 2023$505K6,251 sf$81250 m
811 NE 7th Ave
Bought for a new home · Guzman Developing
Dec 2024$830K6,621 sf$125285 m
118 NE 11th St
Bought for a new home
Apr 2025$1.5M10,999 sf$136288 m
1212 NE 8th Ave
Bought for a new home · Southshore Builders
Feb 2022$750K7,144 sf$105346 m