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

Likely spec

Likely spec: the owner on the permit shares the builder’s business address. Not confirmed by the builder.

1331 NE 16 Ter

Poinsettia Heights, Fort LauderdaleBuilt by REI Construction4 bd · 4 ba · 2-car garage

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Aerial from January 2026, before work began. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Oct 6, 2026

PermitFeb ’26

FoundationJul ’26

VerticalSep ’26

Finish

Done

Estimated completionSep 2027 – Oct 2028From the permit date, with the middle half of build times for homes off the water. An estimate, not the builder’s commitment.

The numbers

From deeds, the permit and the parcel roll

Likely to sell for$1.95–2.65MOur estimate from the lot’s price and what new homes nearby sold for. Not an appraisal or the builder’s price. How we estimate it

Lot purchase: $562K Sep 2025 · part of a $1.13M deal for 2 parcels
Lot size: 6,749 sf 0.15 acres
Declared permit value: $360K as declared; real cost runs well higher
Home size: Not yet on the tax roll
Plan: 4 bd · 4 ba
Flood zone: X
Waterfront: No
Ownership: Company-owned lot likely spec: the owner on the permit shares the builder’s business address

Against the market

Fort Lauderdale · since 2021

Build time, months from permit

0 mo30 mo60 mo

8.4 months since the permit. A typical home off the water in Fort Lauderdale takes 24.4; the middle half take 18.7–31.2.

Lot price vs. new-build lots in Poinsettia Heights

$0$1.29M$2.57M

This lot cost $562K. The median new-build lot in Poinsettia Heights went for $550K (52 lots).

This home
Middle half, Fort Lauderdale off the water
80 homes off the water in Fort Lauderdale permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.
Median

How we calculate this

Construction log

7 city records

Oct 6, 2026Shop DrawingsComplete
Sep 14, 2026Roof: truss drawings filedTruss Drawings · Complete
Aug 6, 2026Foundation: spot survey filedSpot Survey · Complete
Jul 27, 2026Foundation: soil and pile report filedSoil Bearing Capacity Certification with Density Report or Pile Log · Complete
Jul 13, 2026NOA / Product ApprovalComplete
Jul 7, 2026Foundation: soil and pile report filedSoil Bearing Capacity Certification with Density Report or Pile Log · Complete
Feb 27, 2026New-home permit filedResidential New Construction Permit · Issued

Permit BLD-RNC-26020660 on LauderBuild: “CONSTRUCTION OF NEW SINGLE FAMILY (4)BEDROOMS (4)BATHROOMS (2)CAR GARAGE”

Early access · not on the market

Get in before it lists

This one looks built to sell, and most spec homes don’t reach the MLS until they’re nearly done: it should finish Sep ’27–Oct ’28. Ask now and a licensed agent will go to REI Construction for the plans, the price and the timing, before it’s listed.