Aerial from 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$761–841KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 10,010 sq ft.
Land price per sq ft, sized to this lot
$0$67$134
Sized to this lot, nearby land sales point to about $81 per sq ft. This parcel last sold for $100K in Jun 1988.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$913Kto build and sell a 4,050 sq ft home here at a 15% margin.
PencilsAt $811K for the land:Profit $652K · 18.2%Needs $847/sq ft to hit 15% · assumed $883
Land $811KBuild $1.54MSoft costs $154KCarry $206KSelling $215KProfit $652KSale $3.58M
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
- R3C Multifamily Residential
- Flood zone
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 10,010 sf 0.23 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| Address | Sold | Price | Lot | $/sq ft | Away |
|---|---|---|---|---|---|
| 2175 NW 3rd Ct Bought for a new home · M I Bobcat | Nov 2025 | $525K | 9,274 sf | $57 | 475 m |
| 268 NW 12th St Bought for a new home · Atrium Constructions | Aug 2025 | $690K | 8,011 sf | $86 | 627 m |
| 269 NW 11th St Bought for a new home · M I Bobcat | Mar 2026 | $715K | 7,989 sf | $89 | 656 m |
| 289 NW 11th St Bought for a new home · M I Bobcat | Sep 2024 | $670K | 8,024 sf | $83 | 657 m |
| 1085 NW 3rd Ave Bought for a new home · Atrium Constructions | Jun 2025 | $855K | 8,381 sf | $102 | 699 m |
| 445 NW 11th St Bought for a new home · T & P Plastering | Aug 2024 | $665K | 9,810 sf | $68 | 702 m |
| 238 NW 11th St Bought for a new home · Nuvision Developments | May 2023 | $785K | 10,481 sf | $75 | 709 m |
| 224 NW 11th St Bought for a new home · Avante Construction & Renovation | May 2024 | $850K | 11,204 sf | $76 | 710 m |