Vacant lot

132 NE 11th St

Pearl CityBoca Raton7,401 sq ft lot (0.17 acres)Zoned R1G
Aerial of 132 NE 11th 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
$888K–1.33MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,401 sq ft.
Land price per sq ft, sized to this lot
$0$144$288

Sized to this lot, nearby land sales point to about $177 per sq ft. This parcel last sold for $75K in Nov 2018 ($10 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.29Mto build and sell a 4,350 sq ft home here at a 15% margin.
TightAt $1.31M for the land:Profit $615K · 14.4%Needs $991/sq ft to hit 15% · assumed $983
Land $1.31MBuild $1.65MSoft costs $165KCarry $276KSelling $257KProfit $615KSale $4.28M
Boca Raton calibration

Calibrated on 96 Boca Raton deals. With these build costs the calculator's land budget is a median 97% of what the builders actually paid for the lot, and within 25% of it on 39 of the 96 (the old defaults came to 94%).

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
R1G Single-Family Residential
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
7,401 sf 0.17 acres
Ownership
Company often a builder or investor

Setbacks, height and lot coverage depend on the zoning district; see Boca Raton’s zoning code (Chapter 28). Confirm with a surveyor and the city before you buy.

Nearby land sales

Off the water · last 5 years
AddressSoldPriceLot$/sq ftAway
140 NE 11th St
Bought for a new home · Shannon & Shannon Properties
Apr 2024$390K7,401 sf$5320 m
1071 NE 2nd Ter
Bought for a new home · Gottsegen Builders
Jan 2022$1.19M8,760 sf$135339 m
1051 NE 2nd Ter
Bought for a new home · Bealecon Construction
Jun 2023$1.5M8,742 sf$172342 m
201 NE 8th St
Bought for a new home · Cavossa Management
Feb 2024$1.25M12,075 sf$104363 m
298 NE 8th St
Bought for a new home · Lighthouse General Contractors
Dec 2022$2.4M21,606 sf$111452 m
165 NW 9th St
Bought for a new home · JP General Construction
Jul 2023$640K11,256 sf$57455 m
1050 NE 3rd Ave
Bought for a new home · M I Bobcat
Aug 2023$1.5M8,581 sf$175466 m
300 NE 11th St
Bought for a new home · Bealecon Construction
Jun 2023$1.6M9,627 sf$166466 m