Vacant lot
929 Lake Wyman Rd
MarchandBoca Raton12,750 sq ft lot (0.29 acres)Zoned R3E
Aerial from 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$931K–1.48MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 12,750 sq ft.
Land price per sq ft, sized to this lot
$0$93$186
Sized to this lot, nearby land sales point to about $93 per sq ft. This parcel last sold for $525K in Jul 2002.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$1.13Mto build and sell a 5,000 sq ft home here at a 15% margin.
TightAt $1.19M for the land:Profit $597K · 13.5%Needs $900/sq ft to hit 15% · assumed $883
Land $1.19MBuild $1.9MSoft costs $190KCarry $277KSelling $265KProfit $597KSale $4.42M
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
- R3E Multifamily Residential
- Flood zone
- AE base flood elevation 6 ft
- Lowest floor
- 7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
- Waterfront
- No
- Lot size
- 12,750 sf 0.29 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 |
|---|---|---|---|---|---|
| 980 Lago Mar Ln Vacant lot sale | Jun 2025 | $1.82M | 7,501 sf | $243 | 211 m |
| 470 NE 26th Ter Bought for a new home · Pineland Homes | Apr 2025 | $490K | 7,501 sf | $65 | 748 m |
| 2720 NE 25th Ter Bought for a new home · M I Bobcat | Mar 2026 | $624K | 7,266 sf | $86 | 1.0 km |
| 2136 NE 4th Ct Bought for a new home · M I Bobcat | May 2026 | $590K | 7,501 sf | $79 | 1.1 km |
| 2110 NE 4th Ave Bought for a new home · M I Bobcat | Jul 2026 | $710K | 8,276 sf | $86 | 1.2 km |
| 2100 NE 4th Ave Bought for a new home · M I Bobcat | Jan 2026 | $640K | 8,276 sf | $77 | 1.2 km |
| 445 NE 15th Ter Bought for a new home · AH Construction Group | Feb 2025 | $1.2M | 9,409 sf | $128 | 1.2 km |
| 435 NE 15th Ter Bought for a new home · TGR Design Build | Feb 2026 | $1.25M | 9,331 sf | $134 | 1.2 km |