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

Waterfront

Custom

Custom: a company owns the lot, but nothing on record says it’s being built to sell.

2525 Mercedes Dr

Harbor Beach, Fort LauderdaleBuilt by Gulf Building6 bd · 8.5 ba · 2 story · ~8,145 sf under air · 3-car garage

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2025 · Broward County · Broward Co.2026 · Broward County · Broward Co.

Drag to compare the lot in January 2025 with January 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Oct 19, 2026

PermitApr ’25

FoundationMar ’26

Vertical

Finish

Done

Estimated completionJun 2027 – Aug 2028From the permit date, with the middle half of build times for waterfront homes. An estimate, not the builder’s commitment.

The numbers

From deeds, the permit and the parcel roll

Likely to sell for$13.6–17MOur 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: $5.16M Jan 2025
Lot size: 12,350 sf 0.28 acres
Declared permit value: $880K as declared; real cost runs well higher
Home size: ~8,145 sf under air from the permit’s plans
Plan: 6 bd · 8.5 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 2021

Build time, months from permit

0 mo30 mo60 mo

19.1 months since the permit. A typical waterfront home in Fort Lauderdale takes 33.1; the middle half take 26.6–39.9.

Lot price vs. new-build lots in Harbor Beach

$0$9.19M$18.4M

This lot cost $5.16M. The median new-build lot in Harbor Beach went for $5.25M (32 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

How we calculate this

Construction log

14 city records

Oct 19, 2026EmailComplete
Oct 5, 2026Approved Certificate of Compliance (Threshold Buildings ONLY)In Review
Jun 17, 2026Foundation: soil and pile report filedSoil Bearing Capacity Certification with Density Report or Pile Log · Complete
May 20, 2026Architect LetterComplete
Mar 23, 2026Foundation: elevation certificate filedUnder Construction EC · Complete
Mar 23, 2026Foundation: spot survey filedSpot Survey · Complete
Mar 9, 2026Pool permitPool-Spa-Fountain Permit · Awaiting Initial Fee Payment
Jan 21, 2026Plan RevisionComplete
Sep 18, 2025Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · Issued
Jun 10, 2025Fence PermitAwaiting Client Reply
Jun 2, 2025Driveway and paving permitPaving Permit · Open
May 13, 2025Re-Roof PermitAwaiting Client Reply
Apr 10, 2025New-home permit filedResidential New Construction Permit · Issued
Apr 21, 2021Demolition permitDemolition Permit · Complete

Permit BLD-RNC-25040247 on LauderBuild: “NEW 2 STORY SINGLE FAMILY RESIDENCE: 6 BEDROOMS, 8.5 BATHROOMS WITH A 3 CAR GARAGE TOTAL 10,650 SQUARE FEET 8,145 SQ FT CONDITIONED SPACE”

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 Gulf Building about it, and flag similar homes before they reach the market.