Vacant lot

425 S Maya Palm Dr

Royal Palm Yacht & Country ClubBoca Raton13,913 sq ft lot (0.32 acres)
425 S Maya Palm Dr in 2026425 S Maya Palm Dr 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
$3.44–4.2MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 13,913 sq ft.
Land price per sq ft, sized to this lot
$0$242$483

Sized to this lot, nearby land sales point to about $276 per sq ft. This parcel last sold for $3.95M in Feb 2026 ($284 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$3.76Mto build and sell a 7,150 sq ft home here at a 15% margin.
TightAt $3.95M for the land:Profit $1.51M · 13.2%Needs $1,644/sq ft to hit 15% · assumed $1,607
Land $3.95MBuild $4.15MSoft costs $415KCarry $775KSelling $689KProfit $1.51MSale $11.5M
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
—
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
13,913 sf 0.32 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
499 S Maya Palm Dr
Bought for a new home · SRD Building
Jun 2024$4M17,276 sf$231138 m
2342 E Silver Palm Rd
Bought for a new home · Wietsma & Lippolis Construction
May 2023$3.2M10,912 sf$293180 m
2377 E Silver Palm Rd
Bought for a new home · National Custom Homes IV
Dec 2022$3.8M11,622 sf$327214 m
2121 Areca Palm Rd
Bought for a new home · Compson Group
Mar 2025$3.6M11,182 sf$322262 m
2395 Acorn Palm Rd
Bought for a new home · Compson Group
Mar 2022$2.2M11,330 sf$194286 m
485 Royal Palm Way
Bought for a new home · National Custom Homes IV
May 2024$7.5M21,610 sf$347347 m
399 Royal Palm Way
Bought for a new home · SRD Building
Nov 2025$7M19,049 sf$367366 m
2240 Date Palm Rd
Bought for a new home · Primo Construction
Feb 2024$3M11,056 sf$271368 m