Quiet since Aug 2024

Quiet: no new city records in a long time, and the permit has expired or was never issued

Likely spec

Likely spec: the owner has 3 other new homes permitted. Not confirmed by the builder.

408 SW 12 Ave

Sailboat Bend, Fort LauderdaleBuilder not on record

Ask about this home Follow

Aerial from January 2026. The lot looked much the same in 2022. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Aug 26, 2024

PermitDec ’23

Foundation

Vertical

Finish

Done

StatusQuiet since Aug 2024No new city records in a long time, and the permit has expired or was never issued. Projects sometimes stall over financing, redesign or a sale.

The numbers

From deeds, the permit and the parcel roll

Lot purchase: $180K Apr 2021 · part of a $720K deal for 4 parcels
Lot size: 6,750 sf 0.15 acres
Declared permit value: Not on the permit
Home size: Not yet on the tax roll
Plan: Not in the permit
Flood zone: AE base flood elevation 6 ft
Waterfront: No
Ownership: Company-owned lot likely spec: the owner has 3 other new homes permitted

Against the market

Fort Lauderdale · since 2021

Build time, months from permit

0 mo30 mo60 mo

34.4 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 Sailboat Bend

$0$803K$1.61M

This lot cost $180K. The median new-build lot in Sailboat Bend went for $592K (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

3 city records

Aug 26, 2024Structural permitStructural Permit · Plan Set Submitted
Dec 29, 2023New-home permit filedResidential New Construction Permit · Plan Set Submitted
Nov 28, 2022Demolition permitDemolition Permit · In Process

Early access · not on the market

Ask where it stands

The city hasn’t recorded anything new here since Aug 2024, and the permit has expired or was never issued. Stalled projects sometimes change hands before they’re built. A licensed agent can find out from the builder where this one stands and whether it could sell.