Vacant lot

1425 SW 18 Ct

River OaksFort Lauderdale10,406 sq ft lot (0.24 acres)Zoned RS-8

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Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales

$437–520KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 10,406 sq ft.

Land price per sq ft, sized to this lot

$0$40$80

Sized to this lot, nearby land sales point to about $48 per sq ft. This parcel last sold for $157K in Jul 2008.

Does it pencil?

Build-and-sell pro forma

Supports a land price up to$109Kto build and sell a 3,450 sq ft home here at a 15% margin.

Doesn’t pencilAt $499K for the land:Loss $252K · −20.1%Needs $526/sq ft to hit 15% · assumed $364

Land $499KBuild $742KSoft costs $74KCarry $117KSelling $75KLoss $252KSale $1.26M

Land price$Midpoint of nearby land sales, adjusted for lot sizeHome sizesq ftsized like 10 new homes on similar lots nearby, capped at the upper range of new homes in River OaksSale price per sq ft$8 nearest new homes soldBuild cost per sq ft$Builder grade assumption, per sq ft of total area. Declared permit values here run ~$111/sq ft, well under real cost.Soft costs% of buildDesign, engineering, permits, insuranceMonths, purchase to salemoBuild ~24 mo (Fort Lauderdale median off the water) + permitting and saleInterest rate%On a loan covering about 65% of costsSelling costs% of saleTarget margin% of sale

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: RS-8 Residential Single Family/Low Medium Density
Flood zone: AE base flood elevation 5–6 ft
Lowest floor: 7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront: No
Lot size: 10,406 sf 0.24 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

Address	Sold	Price	Lot	$/sq ft	Away
1220 SW 17 St Bought for a new home · Balsamo Builders	Jun 2023	$740K	12,358 sf	$60	262 m
1121 SW 18 St Bought for a new home · Rock Solid Home Builders	Feb 2022	$307K	6,119 sf	$50	343 m
1119 SW 18 St Bought for a new home · Rock Solid Home Builders	Feb 2022	$313K	6,248 sf	$50	357 m
2000 SW 18 Ave Bought for a new home · Blue Sky Design	Apr 2022	$285K	5,932 sf	$48	481 m
1522 SW 15 Ter Bought for a new home · Cuffia Builders	Sep 2024	$515K	11,029 sf	$47	484 m
1711 SW 23 St Vacant lot sale	Nov 2021	$200K	5,669 sf	$35	562 m
2125 SW 10 Ave Bought for a new home · EM Gregory	Jul 2023	$600K	6,650 sf	$90	653 m
1821 SW 23 St Vacant lot sale	Oct 2023	$400K	7,225 sf	$55	680 m

Interested in this lot?

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New homes in River Oaks

RisingWaterfront

Broward Co. 2026 · 26.1035° N 80.1539° W

909 Guava Isle

River OaksKedeco Enterprises

Likely price$3.1–4.35M

RisingWaterfront

Broward Co. 2026 · 26.1047° N 80.1594° W

1334 Mango Isle

River OaksJar Construction

Likely price$6.25–8.75M

All new homes in River Oaks →

Record

Parcel folio: 504216140410
Assessed land value: $416K
Typical build here: 24.4 months permit to certificate of occupancy, homes off the water, Fort Lauderdale

Report a correction · Estimates are not appraisals.