Vacant lot

115 NW 9 Ave

Historical Dorsey-RiverbendFort Lauderdale4,000 sq ft lot (0.09 acres)Zoned RMM-25
Aerial of 115 NW 9 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
$36–252KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 4,000 sq ft.
Land price per sq ft, sized to this lot
$0$50$101

Sized to this lot, nearby land sales point to about $50 per sq ft. This parcel last sold for $40K in Apr 2022 ($10 per sq ft, the pink dot).

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 $208. Enter the build cost per sq ft you expect below to see what the land supports.
Land $200KBuild $355KSoft costs $35KCarry $51KSelling $21KLoss $319KSale $343K
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
4,000 sf 0.09 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
216 NW 8 Ave
Vacant lot sale
Nov 2023$813K4,875 sf$167231 m
1214 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8449 m
1216 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8465 m
1219 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8466 m
500 NW 9 Ave
Vacant lot sale
Aug 2024$1.52M9,563 sf$159475 m
506 NW 9 Ave
Vacant lot sale
Aug 2023$275K6,375 sf$43495 m
734 SW 2 Ct
Vacant lot sale
Apr 2023$378K5,750 sf$66497 m
510 NW 9 Ave
Vacant lot sale
Aug 2023$350K6,375 sf$55510 m