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$420–576KMiddle half of nearby land sales, adjusted for lot size (10 sales), applied to this lot’s 5,998 sq ft.
Land price per sq ft, sized to this lot
$0$77$154
Sized to this lot, nearby land sales point to about $91 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$140Kto build and sell a 2,200 sq ft home here at a 15% margin.
Doesn’t pencilAt $546K for the land:Loss $263K · −20.4%Needs $849/sq ft to hit 15% · assumed $586
Land $546KBuild $737KSoft costs $74KCarry $118KSelling $77KLoss $263KSale $1.29M
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
- R2 Multifamily Residential
- Flood zone
- AH
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 5,998 sf 0.14 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 |
|---|---|---|---|---|---|
| 3836 NW 5th Ave Bought for a new home · Mcgrady Contracting | Oct 2024 | $650K | 18,199 sf | $36 | 816 m |
| 2720 NE 25th Ter Bought for a new home · M I Bobcat | Mar 2026 | $624K | 7,266 sf | $86 | 1.5 km |
| 470 NE 26th Ter Bought for a new home · Pineland Homes | Apr 2025 | $490K | 7,501 sf | $65 | 1.7 km |
| 680 Hastings St Bought for a new home · Unique Remodeling Concepts | Apr 2024 | $850K | 10,502 sf | $81 | 2.0 km |
| 696 Hastings St Bought for a new home · Unique Remodeling Concepts | Apr 2024 | $850K | 10,502 sf | $81 | 2.0 km |
| 2175 NW 3rd Ct Bought for a new home · M I Bobcat | Nov 2025 | $525K | 9,274 sf | $57 | 2.1 km |
| 2136 NE 4th Ct Bought for a new home · M I Bobcat | May 2026 | $590K | 7,501 sf | $79 | 2.2 km |
| 2110 NE 4th Ave Bought for a new home · M I Bobcat | Jul 2026 | $710K | 8,276 sf | $86 | 2.2 km |