Vacant lot

1004 NW 5 Ct

Historical Dorsey-RiverbendFort Lauderdale7,000 sq ft lot (0.16 acres)Zoned RS-8
Aerial of 1004 NW 5 Ct, January 20262026 · Broward County · Broward Co.

Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales
$245–371KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,000 sq ft.
Land price per sq ft, sized to this lot
$0$42$85

Sized to this lot, nearby land sales point to about $50 per sq ft. This parcel last sold for $14K in Dec 1977.

Does it pencil?

Build-and-sell pro forma
Left over for the landNo fair defaultOur build costs are tested on new homes selling for $400 or more a sq ft, and here they sell for about $195. Enter the build cost per sq ft you expect below to see what the land supports.
Land $350KBuild $527KSoft costs $53KCarry $82KSelling $29KLoss $563KSale $478K
Fort Lauderdale calibration

Calibrated on 148 Fort Lauderdale deals. With these build costs the calculator's land budget is a median 100% of what the builders actually paid for the lot, and within 25% of it on 87 of the 148 (the old defaults came to 41%).

A quick pro forma, not an appraisal. Every number is editable; the starting points come from city records, and build cost is an assumption to replace with a builder’s bid.

The rules

City GIS and parcel roll
Zoning
RS-8 Residential Single Family/Low Medium Density
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
7,000 sf 0.16 acres
Ownership
Private owner

Setbacks, height and lot coverage depend on the zoning district; see Fort Lauderdale’s Unified Land Development Regulations. Confirm with a surveyor and the city before you buy.

Nearby land sales

Off the water · last 5 years
AddressSoldPriceLot$/sq ftAway
510 NW 9 Ave
Vacant lot sale
Aug 2023$350K6,375 sf$55172 m
530 NW 9 Ave
Vacant lot sale
Jan 2024$325K6,375 sf$51173 m
506 NW 9 Ave
Vacant lot sale
Aug 2023$275K6,375 sf$43175 m
534 NW 9 Ave
Vacant lot sale
Dec 2023$375K6,375 sf$59176 m
500 NW 9 Ave
Vacant lot sale
Aug 2024$1.52M9,563 sf$159181 m
528 NW 8 Ave
Vacant lot sale
Aug 2023$250K6,750 sf$37267 m
631 NW 9 Ave
Vacant lot sale
Feb 2023$240K6,750 sf$36280 m
635 NW 9 Ave
Vacant lot sale
Feb 2023$240K6,750 sf$36295 m