Exploring new construction materials with low environmental impact leads to innovation in buildings and also to the expansion of environmental sustainability in the construction industry. In this perspective, the thermal insulation and the sound absorption performances of Buriti (Mauritia flexuosa) foam were analyzed for potential application in buildings. This material is of plant origin, it is natural, renewable, abundant, and has a low environmental impact. In this research, characterizations were made by scanning electron microscopy (SEM), apparent density, thermogravimetry (TGA and DTG), thermal conductivity, and sound absorption. The SEM analysis revealed a predominantly porous, small, and closed-cell morphology in the vegetable foam. Due to its porosity and lightness, the material has an apparent density similar to other thermal insulating and sound-absorbing materials used commercially. The evaluation of thermogravimetric (TGA/DTG) results demonstrated thermal stability at temperatures that attest to the use of Buriti foam as a building material. Based on the thermal conductivity test, the Buriti foam was characterized as an insulating material comparable to conventional thermal insulation materials and in the same range as other existing thermal insulators of plant origin. Concerning sound absorption, the Buriti foam presented a low performance in the analyzed frequency range, mainly attributed to the absence of open porosity in the material. Therefore, understanding the sound absorption mechanisms of Buriti foam requires further studies exploring additional ways of processing the material.