Vacant lotWaterfront

1109 NE 18 Ct

Middle River TerraceFort Lauderdale6,609 sq ft lot (0.15 acres)Zoned RML-25
Aerial of 1109 NE 18 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
$938K–1.57MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,609 sq ft.
Land price per sq ft, sized to this lot
$0$190$379

Sized to this lot, nearby waterfront land sales point to about $190 per sq ft. This parcel last sold for $220K in Feb 2015 ($33 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$995Kto build and sell a 3,150 sq ft home here at a 15% margin.
TightAt $1.26M for the land:Profit $148K · 4.9%Needs $1,082/sq ft to hit 15% · assumed $959
Land $1.26MBuild $1.02MSoft costs $102KCarry $310KSelling $181KProfit $148KSale $3.02M
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
RML-25 Residential Multifamily Low Rise/Medium High Density
Flood zone
AE base flood elevation 6–7 ft
Lowest floor
8 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
Yes dock, seawall and setback rules apply
Lot size
6,609 sf 0.15 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

Waterfront · last 5 years
AddressSoldPriceLot$/sq ftAway
1636 NE 18 Ave
Bought for a new home · All About Construction & Development
Apr 2025$2.45M9,749 sf$2511.1 km
2218 NE 16 St
Bought for a new home · AD Developers
Sep 2022$1.82M8,844 sf$2061.6 km
1900 NE 22 Ter
Bought for a new home · Total Solution Contractors
Mar 2024$1.6M14,101 sf$1131.6 km
2215 NE 19 St
Bought for a new home · Gusti Building
Jan 2022$1.1M10,042 sf$1101.7 km
2231 NE 15 Ct
Bought for a new home · Rio Feo Development
Jul 2024$2.17M8,889 sf$2451.7 km
2108 NE 22 Ter
Bought for a new home · Gusti Building
Apr 2023$1.27M8,800 sf$1451.7 km
2237 NE 15 Ct
Bought for a new home · Double P Construction
Jan 2022$2.4M10,648 sf$2251.7 km
1812 NE 23 Ave
Bought for a new home · FD Construction Consulting
Apr 2024$1.6M11,522 sf$1391.7 km