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255 NE 3rd Street, Boca Raton FL 33432

Commercial For Sale
$2,595,000

BTC: 44.35897436

ETH: 1,627.27552063

4 days
0 room(s)

Overview

Rare opportunities like this don't come around often. Perfectly positioned in the heart of Downtown Boca Raton, this exceptional 80' x 108' homesite offers the ideal canvas to create a one-of-a-kind luxury residence in one of South Florida's most sought-after neighborhoods. Whether you're an end user dreaming of building your forever home, an investor seeking a premier development opportunity, or a builder looking for your next standout project, this property checks every box. Just a short stroll from the energy and excitement of Mizner Park, you'll enjoy world-class restaurants, boutique shopping, luxury entertainment, art galleries, and year-round events, all while being tucked away on a quiet residential street. Located only three blocks from Palmetto Park Road, you'll have effortless access to downtown Boca's best attractions without the noise or traffic of a main thoroughfare. The possibilities are extraordinary. Build a spectacular custom estate of 6,000+ square feet spanning up to three stories, complete with expansive outdoor living spaces, resort-style pool, rooftop terrace, guest suite, home theater, wine room, gym, or whatever your vision inspires. To make the process even easier, build-ready architectural plans are available, allowing you to fast-track construction, or choose from custom build-to-suit options tailored to your exact lifestyle. A fixed-price construction contract is also available, providing cost certainty and a streamlined path from concept to completion. With downtown Boca Raton continuing to experience tremendous growth and demand, this is more than just a vacant lot—it's an opportunity to create something truly exceptional in one of the city's most prestigious and walkable locations. Bring your architect, bring your builder, or let us introduce you to a team that can make your dream home a reality. Opportunities like this are increasingly rare—secure your place in the heart of Downtown Boca Raton today.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.20 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,850,000
$539K – $2.5M
Confidence Low
List vs. estimate
$745K above estimate
List $2,595,000 · +40.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,499
2025
All facts and features
  • Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 06434720180230110

    • Zoning: R1D (city)

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $22,499

  • Source details

    • MLS ID: B26045910

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Direction Faces: South

    • Water Source: Public

    • Subdivision Name: BOCA VILLAS SEC C

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Tangent Realty Corp