Filed

Filed: permit applied for; the city hasn’t issued it yet

Custom

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

431 NE 15 Ave

Victoria Park, Fort LauderdaleBuilt by Michael Salus Construction5 bd · 4 ba · 2 story · 2-car garage
Aerial of 431 NE 15 Ave, January 20262026 · Broward County · Broward Co.

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

Where it stands

Last city record Sep 29, 2026
Estimated completionJun 2028 – Jun 2029Counted from today, since the permit isn’t issued yet, 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$2.95–3.4MOur 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
$925K Mar 2026
Lot size
6,116 sf 0.14 acres
Declared permit value
$419K as declared; real cost runs well higher
Home size
Not yet on the tax roll
Plan
5 bd · 4 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

1.4 months since the permit application. 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 Victoria Park
$0$1.43M$2.86M

This lot cost $925K. The median new-build lot in Victoria Park went for $850K (111 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

1 city record
  1. New-home permit filedResidential New Construction Permit · In review

Permit BLD-GEN-26090527 on LauderBuild: “New 2 story single family residence: 5 Bed 4 Bath 2 Car Garage”

Nearby

More new homes nearby

All 119 in Victoria Park →

Also close by: 421 NE 14 Ave · 419 NE 14 Ave · 1610 NE 4 Pl · 1612 NE 4 Pl · 416 NE 13 Ave · 1616 NE 4 Pl