Vacant lot

1015 SW 16 Ave

Riverside ParkFort Lauderdale6,363 sq ft lot (0.15 acres)Zoned RD-15
Aerial of 1015 SW 16 Ave, 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
$356–426KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,363 sq ft.
Land price per sq ft, sized to this lot
$0$54$107

Sized to this lot, nearby land sales point to about $66 per sq ft. This parcel last sold for $60K in Aug 2024 ($9 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$477Kto build and sell a 4,600 sq ft home here at a 15% margin.
PencilsAt $60K for the land:Profit $819K · 35.3%Needs $374/sq ft to hit 15% · assumed $504
Land $60KBuild $1.1MSoft costs $110KCarry $86KSelling $139KProfit $819KSale $2.32M
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
RD-15 Residential Single Family and Duplex/Medium Density
Flood zone
AE base flood elevation 6 ft
Lowest floor
7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
No
Lot size
6,363 sf 0.15 acres
Ownership
Company often a builder or investor

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
1709 SW 12 St
Vacant lot sale
May 2023$345K7,015 sf$49270 m
729 SW 15 Ave
Bought for a new home · JDV Construction
Jun 2025$550K10,000 sf$55272 m
1416 SW 9 St
Bought for a new home · Fenex Corp Usa
Jun 2022$425K6,500 sf$65283 m
1601 SW 12 Ct
Bought for a new home · Rock Foundation Builders
May 2025$425K6,541 sf$65333 m
723 SW 14 Ter
Bought for a new home
Jun 2023$510K7,337 sf$70348 m
1430 Davie Blvd
Vacant lot sale
Jul 2022$250K14,114 sf$18367 m
1412 SW 7 St
Bought for a new home · Dinh Consulting
May 2025$490K5,242 sf$93441 m
809 SW 12 Ave
Bought for a new home · Guardian Storm Protection
Jun 2024$356K6,459 sf$55449 m