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.

1617 SE 2 St

Colee Hammock, Fort LauderdaleBuilt by REI Construction4 bd · 5.5 ba · 2 story · 2-car garage

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Aerial from January 2026. The lot looked much the same in January 2025. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Oct 13, 2026

PermitJan ’26

FoundationJun ’26

Vertical

Finish

Done

Estimated completionAug 2027 – Aug 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$3.35–4.7MOur 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: $1.1M Oct 2025
Lot size: 6,750 sf 0.15 acres
Declared permit value: $455K as declared; real cost runs well higher
Home size: Not yet on the tax roll
Plan: 4 bd · 5.5 ba · 2 story
Flood zone: X
Waterfront: No
Ownership: Company-owned lot likely a custom home

Against the market

Fort Lauderdale · since 2021

Build time, months from permit

0 mo30 mo60 mo

9.9 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 Colee Hammock

$0$3.41M$6.83M

This lot cost $1.1M. The median new-build lot in Colee Hammock went for $1.1M (10 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

11 city records

Oct 13, 2026Foundation: spot survey filedSpot Survey · Complete
Oct 13, 2026Shop DrawingsComplete
Jul 20, 2026EmailComplete
Jul 15, 2026EmailComplete
Jun 22, 2026Foundation: soil and pile report filedSoil Bearing Capacity Certification with Density Report or Pile Log · Complete
Jun 21, 2026NOA / Product ApprovalComplete
Feb 19, 2026Fence PermitPending Master
Jan 15, 2026Re-Roof PermitAwaiting Client Reply
Jan 15, 2026Driveway and paving permitPaving Permit · Pending Master
Jan 14, 2026New-home permit filedResidential New Construction Permit · Issued
Nov 11, 2025Demolition permitDemolition Permit · Issued

Permit BLD-RNC-26010281 on LauderBuild: “NEW 2 STORY SINGLE FAMILY RESIDENCE- 4 BEDROOMS, 5.5 BATHROOMS AN OFFICE AND A 2 CAR GARAGE (NO ELEVATOR)”

Early access · not on the market

Interested in this home?

This looks like an owner’s own home, so it may never be listed. A licensed agent can still ask REI Construction about it, and flag similar homes before they reach the market.