Vacant lot

1245 NE 23 Ave

Avalon HarborPompano Beach10,451 sq ft lot (0.24 acres)Zoned RM-20
Aerial of 1245 NE 23 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
$345–815KMiddle half of nearby land sales, adjusted for lot size (9 sales), applied to this lot’s 10,451 sq ft.
Land price per sq ft, sized to this lot
$0$62$125

Sized to this lot, nearby land sales point to about $65 per sq ft. This parcel last sold for $136K in Aug 2013 ($13 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$32Kto build and sell a 3,600 sq ft home here at a 15% margin.
Doesn’t pencilAt $679K for the land:Loss $536K · −45.5%Needs $578/sq ft to hit 15% · assumed $327
Land $679KBuild $774KSoft costs $77KCarry $112KSelling $71KLoss $536KSale $1.18M
Fort Lauderdale calibration

Calibrated on 148 Fort Lauderdale deals: Pompano Beach doesn’t have enough of its own on record yet. 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
RM-20 Multiple-Family Residence 20
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
10,451 sf 0.24 acres
Ownership
Private owner

Setbacks, height and lot coverage depend on the zoning district; see Pompano Beach’s Zoning Code (Chapter 155). Confirm with a surveyor and the city before you buy.

Nearby land sales

Off the water · last 5 years
AddressSoldPriceLot$/sq ftAway
1315 NE 25 Ave
Bought for a new home · Lighthouse Builders
Aug 2022$322K9,538 sf$34141 m
3232 NE 12 St
Vacant lot sale
Jan 2022$900K11,989 sf$751.2 km
3224 NE 5 St
Bought for a new home · Mattbeth Construction
Sep 2022$778K5,700 sf$1361.4 km
3205 Leigh Rd
Bought for a new home · Garza Contractors
Aug 2023$818K7,500 sf$1091.5 km
2733 NE 12 Ter
Vacant lot sale
Aug 2022$165K5,440 sf$302.0 km
2780 SE 2 Ct
Bought for a new home · Z Construction & Remodeling
Dec 2021$835K14,170 sf$592.1 km
2701 SE 5 Ct
Bought for a new home · Morgan Custom Homes
Jan 2024$550K7,525 sf$732.3 km
2700 SE 5 Ct
Vacant lot sale
Sep 2024$428K8,062 sf$532.3 km