Rising
Rising: permitted and not yet finished, with a live permit (the city extends it at each passed inspection) or city records in the past 90 days
Custom
Custom: a company owns the lot, but nothing on record says it’s being built to sell.
1240 SE 12 Way
Aerial from January 2026, before work began. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Jul 14, 2026The numbers
From deeds, the permit and the parcel roll- Lot purchase
- $850K Dec 2025
- Lot size
- 7,500 sf 0.17 acres
- Declared permit value
- $515K as declared; real cost runs well higher
- Home size
- Not yet on the tax roll
- Plan
- 4 bd · 5 ba · 2 story
- Flood zone
- AE base flood elevation 7 ft
- Waterfront
- Yes parcel touches a mapped waterway
- Ownership
- Company-owned lot likely a custom home
Against the market
Fort Lauderdale · since 20213.9 months since the permit. A typical waterfront home in Fort Lauderdale takes 33.1; the middle half take 26.6–39.9.
This lot cost $850K. The median new-build lot in Lauderdale Harbors went for $1.7M (22 lots).
- This home
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
Construction log
1 city record- New-home permit filedResidential New Construction Permit · Issued
Permit BLD-RNC-26070279 on LauderBuild: “New 2 story single family residence: 4 Bed 5 Bath 2 Car Garage”
More new homes nearby
Also close by: 1340 Cordova Rd · 1316 SE 11 Ct · 1213 SE 10 Ave · 1111 SE 12 Way · 1010 SE 11 Ct · 1448 SE 13 St