Vacant lot

1121 SW 2 St

Sailboat BendFort Lauderdale6,252 sq ft lot (0.14 acres)Zoned RMM-25
Aerial of 1121 SW 2 St, 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
$50–400KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,252 sq ft.
Land price per sq ft, sized to this lot
$0$51$102

Sized to this lot, nearby land sales point to about $27 per sq ft. This parcel last sold for $103K in Sep 2010.

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 $316. Enter the build cost per sq ft you expect below to see what the land supports.
Land $169KBuild $548KSoft costs $55KCarry $61KSelling $48KLoss $75KSale $806K
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
RMM-25 Residential Multifamily Mid Rise/ Medium High 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
6,252 sf 0.14 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
1214 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8315 m
1216 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8320 m
1312 NW 2 St
Vacant lot sale
Sep 2025$240K6,000 sf$40345 m
1316 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8353 m
1219 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8370 m
1402 NW 2 St
Vacant lot sale
May 2023$285K13,379 sf$21386 m
115 NW 9 Ave
Vacant lot sale
Apr 2022$40K4,000 sf$10474 m
734 SW 2 Ct
Vacant lot sale
Apr 2023$378K5,750 sf$66562 m