Vacant lot

1244 NW 5 Ave

South Middle RiverFort Lauderdale4,731 sq ft lot (0.11 acres)Zoned RD-15
Aerial of 1244 NW 5 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
$170–241KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 4,731 sq ft.
Land price per sq ft, sized to this lot
$0$41$82

Sized to this lot, nearby land sales point to about $50 per sq ft. This parcel last sold for $68K in Aug 2019 ($14 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$52Kto build and sell a 2,000 sq ft home here at a 15% margin.
Doesn’t pencilAt $237K for the land:Loss $101K · −14.2%Needs $488/sq ft to hit 15% · assumed $356
Land $237KBuild $430KSoft costs $43KCarry $61KSelling $43KLoss $101KSale $712K
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
4,731 sf 0.11 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
1235 NW 2 Ave
Bought for a new home · Michael Salus Construction
Dec 2022$310K6,750 sf$46235 m
201 NW 11 St #A-B
Vacant lot sale
Oct 2023$545K10,122 sf$54426 m
1513 NW 4 Ave
Vacant lot sale
Jun 2022$260K8,782 sf$30471 m
1201 NE 1 Ave
Vacant lot sale
Aug 2022$400K10,142 sf$39541 m
1035 NW 1 Ave
Vacant lot sale
Mar 2022$255K6,748 sf$38544 m
1015 NW 8 Ave #A-B
Bought for a new home · J Cooper Construction
Mar 2024$90K10,127 sf$9668 m
1336 NE 2 Ave
Bought for a new home · Guzman Developing
Jul 2025$305K6,755 sf$45684 m
1229 NE 3 Ave
Bought for a new home · United States Association of CDC
Mar 2026$275K6,752 sf$41707 m