Vacant lot

1560 SW 21st Ln

Palm Beach Farms CoBoca Raton12,950 sq ft lot (0.30 acres)Zoned R1A
Aerial of 1560 SW 21st Ln, 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
$764–907KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 12,950 sq ft.
Land price per sq ft, sized to this lot
$0$56$112

Sized to this lot, nearby land sales point to about $61 per sq ft. This parcel last sold for $420K in Jan 2011.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$612Kto build and sell a 4,300 sq ft home here at a 15% margin.
TightAt $790K for the land:Profit $250K · 8.3%Needs $757/sq ft to hit 15% · assumed $698
Land $790KBuild $1.44MSoft costs $144KCarry $197KSelling $180KProfit $250KSale $3M
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
R1A Single-Family Residential
Flood zone
AE base flood elevation 7 ft
Lowest floor
8 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
No
Lot size
12,950 sf 0.30 acres
Ownership
Private owner

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
23459 Rio Del Mar Dr
Bought for a new home · Ram Construction Services
Mar 2022$1.55M46,600 sf$33782 m
1040 SW 21st St
Bought for a new home · Gold Coast Homes
Oct 2022$920K13,125 sf$70968 m
1001 SW 21st St
Bought for a new home · JSD Builders
Sep 2022$888K15,625 sf$571.0 km
1171 SW 13th Pl
Bought for a new home · Collin Building Group
Jan 2026$735K11,705 sf$631.2 km
900 SW 19th St
Bought for a new home · M&M Fernandez Construction
Nov 2021$725K9,374 sf$771.2 km
1099 SW 13th Pl
Bought for a new home · Collin Building Group
Oct 2023$670K10,746 sf$621.3 km
1101 SW 13th Dr
Bought for a new home · S A W Development
Jan 2025$609K8,581 sf$711.3 km
820 SW 17th St
Bought for a new home · L&L Builders and Developers
Apr 2026$2.6M25,104 sf$1041.4 km