Photo: Gulf Building · Coastal home with a lit pool at duskGulf Building
19 new homes in Fort Lauderdale since 2021, 18 on the water, mostly in Rio Vista, Harbor Beach, Sunrise Intracoastal, and 1 major renovation. State license CGC1517189.
14 complete · 5 rising
95% of their homes · rank 1 overall
How the pace is measured
Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.
5 homes in progress
Against the market
Fort Lauderdale · homes since 2021Gulf Building’s median is 31.6 months; the median for waterfront homes in Fort Lauderdale is 33.1.
Median declared permit value $1.07M per home, the 64th highest among 188 builders with three or more homes. Declared values run well below real construction cost.
Their lots cost a median $2.65M (waterfront median in Fort Lauderdale $2M).
- Their median
Middle half, Fort Lauderdale waterfront
95 waterfront homes in Fort Lauderdale permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.
- Median
Portfolio
| Address | Neighborhood | Permit | Status | Lot | Declared permit value | Sale |
|---|---|---|---|---|---|---|
| 1326 Ponce De Leon DrWater | Rio Vista | Jun 2026 | Rising | $4.1M | $725K | — |
| 2531 Mercedes DrWater | Harbor Beach | Sep 2025 | Rising | $5.44M | $870K | — |
| 2525 Mercedes DrWater | Harbor Beach | Apr 2025 | Rising | $5.16M | $880K | — |
| 608 Intracoastal DrWater | Sunrise Intracoastal | Mar 2025 | Rising | $5M | $915K | — |
| 1745 SE 11 StWater | Rio Vista | Dec 2024 | Rising | $11M | $2.59M | — |
| 2508 Delmar PlWater | Seven Isles | Apr 2024 | Complete | $2.58M | $1.69M | — |
| 1436 Ponce De Leon Dr | Rio Vista | Jan 2024 | Complete | $2.2M | $1.06M | — |
| 119 N Gordon RdWater | Victoria Park | May 2023 | Sold | $2.73M | $1.67M | $9.75M |
| 918 S Rio Vista BlvdWater | Rio Vista | Feb 2023 | Complete | $2.5M | $771K | — |
| 616 Intracoastal DrWater | Sunrise Intracoastal | Dec 2022 | Complete | $2.2M | $1.16M | — |
| 1612 SE 9 StWater | Rio Vista | Sep 2022 | Complete | $3.5M | $1.15M | — |
| 144 Fiesta WayWater | Nurmi Isles | Mar 2022 | Sold | — | $1.18M | $9.25M |
| 1730 SE 13 StWater | Lauderdale Harbors | Jan 2022 | Complete | $1.1M | $1.07M | — |
| 1515 SE 10 StWater | Rio Vista | Dec 2021 | Sold | $1.77M | $1.06M | $8.85M |
| 2401 Del Lago DrWater | Harbor Beach | Dec 2021 | Complete | $13M | $3.84M | — |
| 1149 N Rio Vista BlvdWater | Rio Vista | Nov 2021 | Complete | $3.14M | $1.87M | — |
| 1501 SE 12 StWater | Rio Vista | Oct 2021 | Complete | $1.35M | $618K | — |
| 82 Nurmi DrWater | Nurmi Isles | Sep 2021 | Complete | $2.1M | $1.06M | — |
| 2525 Lucille DrWater | Harbor Beach | Apr 2021 | Complete | $1.9M | $1.85M | — |
Renovations that sold
Whole-home alteration permits pulled by Gulf Building as general contractor, on homes that later sold. They aren’t counted in the new-home figures above.
| Address | Neighborhood | Permit | Declared value | Bought | Sold |
|---|---|---|---|---|---|
| 2724 Sea Island DrWater | Seven Isles | 2023 | $409K | $3.23M May 2020 | $22.4M Dec 2024 |