1845 Royal Palm Way
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 salesSized to this lot, nearby land sales point to about $309 per sq ft. This parcel last sold for $7M in Jul 2026 ($446 per sq ft, the pink dot).
Does it pencil?
Build-and-sell pro formaBoca 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
- 15,690 sf 0.36 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 |
|---|---|---|---|---|---|
| 1801 Royal Palm Way Vacant lot sale | Jun 2024 | $12.6M | 28,619 sf | $441 | 79 m |
| 1642 Sabal Palm Dr Bought for a new home · SRD Building | Feb 2025 | $6M | 16,183 sf | $371 | 200 m |
| 1694 Sabal Palm Dr Bought for a new home · SRD Building | Aug 2023 | $5M | 14,410 sf | $347 | 229 m |
| 1298 Spanish River Rd Bought for a new home · Bealecon Construction | Jul 2026 | $3.2M | 12,537 sf | $255 | 300 m |
| 485 Royal Palm Way Bought for a new home · National Custom Homes IV | May 2024 | $7.5M | 21,610 sf | $347 | 302 m |
| 1812 Sabal Palm Cir Bought for a new home · SRD Building | Nov 2021 | $5M | 16,426 sf | $304 | 361 m |
| 399 Royal Palm Way Bought for a new home · SRD Building | Nov 2025 | $7M | 19,049 sf | $367 | 369 m |
| 1351 Cocoanut Rd Bought for a new home · Bealecon Construction | May 2024 | $2.4M | 15,002 sf | $160 | 394 m |