Photo: Gusti Building · 801 SE 6th, Fort LauderdaleGusti Building
7 new homes in Fort Lauderdale since 2021, 6 on the water, mostly in Bal Harbour, River Oaks, Rio Vista, plus 2 townhome units in 1 project. State license CGC1512476.
7 complete · 0 rising · plus 2 townhome units
86% of their homes · rank 20 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.
2 units in 1 project
Attached homes, each on its own lot and sold on its own. They’re counted apart from the houses, and the build-time benchmark is for houses only.
Against the market
Fort Lauderdale · houses since 2021Gusti Building’s median is 22.9 months; the median for waterfront homes in Fort Lauderdale is 33.1.
Median declared permit value $578K per home, the 108th highest among 188 builders with three or more homes. Declared values run well below real construction cost.
Their lots cost a median $1.02M (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 |
|---|---|---|---|---|---|---|
| 801 SE 6 Ct | Rio Vista | Feb 2024 | Complete | $950K | $578K | — |
| 1308 Avocado IsleWater | River Oaks | Nov 2023 | Sold | $950K | $578K | $1.88M |
| 2108 NE 22 TerWater | Bal Harbour | Oct 2023 | Sold | $1.27M | $578K | $3.9M |
| 1212 Avocado IsleWater | River Oaks | Aug 2023 | Sold | $950K | $578K | $2M |
| 2215 NE 19 StWater | Bal Harbour | May 2022 | Complete | $1.1M | $200K | — |
| 2225 NE 19 StWater | Bal Harbour | Apr 2021 | Sold | $1.14M | $334K | $3.5M |
| 2221 NE 19 StWater | Bal Harbour | Mar 2021 | Sold | — | $225K | $3.49M |