Vacant lot

423 NW 7th St

Boca Raton HillsBoca Raton17,563 sq ft lot (0.40 acres)Zoned R1C
Aerial of 423 NW 7th St, 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
$1.14–1.32MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 17,563 sq ft.
Land price per sq ft, sized to this lot
$0$60$120

Sized to this lot, nearby land sales point to about $73 per sq ft.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$758Kto build and sell a 5,650 sq ft home here at a 15% margin.
TightAt $1.28M for the land:Profit $49K · 1.2%Needs $885/sq ft to hit 15% · assumed $753
Land $1.28MBuild $2.15MSoft costs $215KCarry $306KSelling $255KProfit $49KSale $4.25M
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
R1C Single-Family Residential
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
17,563 sf 0.40 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
270 NW 8th St
Bought for a new home · M I Bobcat
Mar 2025$685K7,784 sf$88253 m
277 NW 7th St
Bought for a new home · M I Bobcat
Oct 2025$725K7,784 sf$93269 m
261 NW 8th St
Bought for a new home · M I Bobcat
Mar 2024$840K11,256 sf$75290 m
250 NW 8th St
Bought for a new home · Avante Construction & Renovation
Dec 2025$850K9,344 sf$91305 m
261 NW 9th St
Bought for a new home · M I Bobcat
Dec 2023$787K11,256 sf$70316 m
1000 NW 3rd Ave
Bought for a new home · M I Bobcat
Jan 2025$950K11,186 sf$85335 m
598 NW 6th St
Bought for a new home · Senco Construction
Feb 2025$880K13,495 sf$65346 m
1085 NW 3rd Ave
Bought for a new home · Atrium Constructions
Jun 2025$855K8,381 sf$102352 m