Vacant lot

320 NE 2nd St

Kings CourtBoca Raton8,355 sq ft lot (0.19 acres)Zoned R1D
320 NE 2nd St in 2026320 NE 2nd St 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
$1.36–1.76MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,355 sq ft.
Land price per sq ft, sized to this lot
$0$169$338

Sized to this lot, nearby land sales point to about $181 per sq ft. This parcel last sold for $600K in Jan 2005.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.33Mto build and sell a 4,400 sq ft home here at a 15% margin.
TightAt $1.51M for the land:Profit $453K · 10.4%Needs $1,051/sq ft to hit 15% · assumed $993
Land $1.51MBuild $1.67MSoft costs $167KCarry $302KSelling $262KProfit $453KSale $4.37M
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
R1D Single-Family Residential
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
8,355 sf 0.19 acres
Ownership
Company often a builder or investor

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
310 NE 2nd St
Bought for a new home · YM Construction
Dec 2021$1.16M8,289 sf$13912 m
331 E Boca Raton Rd
Bought for a new home · Elite Living Builders
Jul 2025$1.35M8,285 sf$16358 m
345 E Boca Raton Rd
Bought for a new home · Amco Construction and Remodeling
May 2023$1.5M8,281 sf$18160 m
344 NE 2nd St
Bought for a new home · YM Construction
Nov 2021$1.07M8,276 sf$13061 m
334 NE 3rd St
Bought for a new home · M I Bobcat
May 2023$1.65M10,359 sf$159104 m
301 NE 3rd St
Bought for a new home · CJM Communities
May 2023$1.71M10,581 sf$162157 m
365 NE 3rd St
Bought for a new home · YM Construction
Mar 2024$1.7M8,381 sf$202171 m
250 NE 3rd St
Bought for a new home · Lighthouse General Contractors
Mar 2025$1.95M9,535 sf$205176 m