Vacant lot
1405 NW 1 St
Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$48–138KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,000 sq ft.
Land price per sq ft, sized to this lot
$0$25$50
Sized to this lot, nearby land sales point to about $20 per sq ft.
Does it pencil?
Build-and-sell pro formaLeft 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 $120KBuild $527KSoft costs $53KCarry $53KSelling $31KLoss $273KSale $510K
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
- 6,000 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| Address | Sold | Price | Lot | $/sq ft | Away |
|---|---|---|---|---|---|
| 1402 NW 2 St Vacant lot sale | May 2023 | $285K | 13,379 sf | $21 | 38 m |
| 1316 NW 2 St Bought for a new home · Deangelo Development | Apr 2022 | $48K | 6,000 sf | $8 | 77 m |
| 1312 NW 2 St Vacant lot sale | Sep 2025 | $240K | 6,000 sf | $40 | 90 m |
| 1216 NW 2 St Bought for a new home · Deangelo Development | Apr 2022 | $48K | 6,000 sf | $8 | 149 m |
| 1214 NW 2 St Bought for a new home · Deangelo Development | Apr 2022 | $48K | 6,000 sf | $8 | 164 m |
| 1219 NW 2 St Bought for a new home · Deangelo Development | Apr 2022 | $48K | 6,000 sf | $8 | 170 m |
| 416 NW 13 Ave Vacant lot sale | Feb 2026 | $120K | 5,932 sf | $20 | 428 m |
| 115 NW 9 Ave Vacant lot sale | Apr 2022 | $40K | 4,000 sf | $10 | 610 m |