Builder · No. 56 on the water in Fort Lauderdale · permits 2025
Rio Feo Development
2 new homes in Fort Lauderdale since 2025, 2 on the water, mostly in Bal Harbour. State license CGC1539050.
New homes2
0 complete · 2 rising
On the water2
100% of their homes · rank 103 overall
Typical build—
No finished homes yet
Top recorded sale—
No finished-home sale on record
Rising now
2 homes in progress
RisingWaterfront
2231 NE 15 Ct
Bal HarbourRio Feo Development
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$2.17M
Plan5 bd · 9 ba
Likely price$6.85–9.55M
RisingWaterfront
2540 NE 22 Ter
Bal HarbourRio Feo Development
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$1.55M
Plan5 bd · 7 ba
Likely price$5.2–7.3M
Against the market
homes since 2021Median declared permit value $2.8M per home, the 10th highest among 188 builders with three or more homes. Declared values run well below real construction cost.
Their lots cost a median $1.86M (waterfront median in Fort Lauderdale $2M).
Every new home on record
Portfolio
| Address | Neighborhood | Permit | Status | Lot | Declared permit value | Sale |
|---|---|---|---|---|---|---|
| 2540 NE 22 TerWater | Bal Harbour | Jul 2025 | Rising | $1.55M | $2.82M | — |
| 2231 NE 15 CtWater | Bal Harbour | Feb 2025 | Rising | $2.17M | $2.77M | — |