Vacant lot

3000 Spanish River Rd

Spanish River Land CoBoca Raton9,723 sq ft lot (0.22 acres)Zoned R1A
Aerial of 3000 Spanish River Rd, 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
$1.5–1.73MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 9,723 sq ft.
Land price per sq ft, sized to this lot
$0$142$285

Sized to this lot, nearby land sales point to about $173 per sq ft. This parcel last sold for $360K in Nov 1995.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$2.6Mto build and sell a 5,350 sq ft home here at a 15% margin.
PencilsAt $1.68M for the land:Profit $2.27M · 27.4%Needs $1,305/sq ft to hit 15% · assumed $1,549
Land $1.68MBuild $3.1MSoft costs $310KCarry $421KSelling $497KProfit $2.27MSale $8.29M
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
X
Lowest floor
—
Waterfront
No
Lot size
9,723 sf 0.22 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
700 Valencia Dr
Bought for a new home · Atlantic Disaster Recovery
Aug 2023$1.45M10,960 sf$13247 m
2930 Cadiz Rd
Bought for a new home · TGR Design Build
Oct 2024$1.55M9,897 sf$157164 m
3097 Banyan Rd
Bought for a new home · Land Maker Construction
May 2024$1.35M8,407 sf$161189 m
3093 Banyan Rd
Bought for a new home · TGR Design Build
Nov 2024$1.55M8,407 sf$184190 m
3099 Banyan Rd
Bought for a new home · Primo Construction
Oct 2024$1.5M8,289 sf$181190 m
2969 Banyan Rd
Bought for a new home · Master Contractors
Apr 2025$1.5M9,348 sf$160191 m
755 Sevilla Dr
Bought for a new home · Skymar Custom Homes
Apr 2025$1.61M8,799 sf$184197 m
700 Malaga Dr
Bought for a new home · Collin Building Group
Feb 2026$2.1M9,827 sf$214228 m