Vacant lot

1801 Royal Palm Way

Royal Palm Yacht & Country ClubBoca Raton28,619 sq ft lot (0.66 acres)Zoned R1A
1801 Royal Palm Way in 20261801 Royal Palm Way 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
$4.72–8.93MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 28,619 sq ft.
Land price per sq ft, sized to this lot
$0$265$529

Sized to this lot, nearby land sales point to about $282 per sq ft. This parcel last sold for $12.6M in Jun 2024 ($441 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$4.49Mto build and sell a 9,250 sq ft home here at a 15% margin.
Doesn’t pencilAt $12.6M for the land:Loss $6.99M · −48.8%Needs $2,800/sq ft to hit 15% · assumed $1,549
Land $12.6MBuild $5.37MSoft costs $537KCarry $1.94MSelling $860KLoss $6.99MSale $14.3M
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
28,619 sf 0.66 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
1845 Royal Palm Way
Vacant lot sale
Jul 2026$7M15,690 sf$44679 m
1642 Sabal Palm Dr
Bought for a new home · SRD Building
Feb 2025$6M16,183 sf$371142 m
1694 Sabal Palm Dr
Bought for a new home · SRD Building
Aug 2023$5M14,410 sf$347206 m
1298 Spanish River Rd
Bought for a new home · Bealecon Construction
Jul 2026$3.2M12,537 sf$255331 m
485 Royal Palm Way
Bought for a new home · National Custom Homes IV
May 2024$7.5M21,610 sf$347381 m
1200 Cocoanut Rd
Bought for a new home · Cavadium
May 2024$3.7M20,181 sf$183390 m
1812 Sabal Palm Cir
Bought for a new home · SRD Building
Nov 2021$5M16,426 sf$304409 m
1351 Cocoanut Rd
Bought for a new home · Bealecon Construction
May 2024$2.4M15,002 sf$160434 m