Vacant lot
1429 Lauderdale Villa Dr
Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$137–325KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,213 sq ft.
Land price per sq ft, sized to this lot
$0$36$72
Sized to this lot, nearby land sales point to about $31 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 $241. Enter the build cost per sq ft you expect below to see what the land supports.
Land $224KBuild $538KSoft costs $54KCarry $67KSelling $36KLoss $315KSale $603K
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 6 ft
- Lowest floor
- 7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
- Waterfront
- No
- Lot size
- 7,213 sf 0.17 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 |
|---|---|---|---|---|---|
| 1615 NW 8 Ave Bought for a new home · Nextgen Builders | Jan 2026 | $130K | 6,747 sf | $19 | 341 m |
| 1717 NW 7 Ter Bought for a new home · DSM Construction | Jun 2025 | $195K | 7,838 sf | $25 | 564 m |
| 1513 NW 4 Ave Vacant lot sale | Jun 2022 | $260K | 8,782 sf | $30 | 615 m |
| 1015 NW 8 Ave #A-B Bought for a new home · J Cooper Construction | Mar 2024 | $90K | 10,127 sf | $9 | 868 m |
| 1235 NW 2 Ave Bought for a new home · Michael Salus Construction | Dec 2022 | $310K | 6,750 sf | $46 | 888 m |
| 201 NW 11 St #A-B Vacant lot sale | Oct 2023 | $545K | 10,122 sf | $54 | 1.1 km |
| 34 NE 16 Pl Bought for a new home · SDG Services | Mar 2022 | $180K | 6,863 sf | $26 | 1.1 km |
| 40 NE 16 Pl Bought for a new home · Diamond Renovation & Construction | Mar 2024 | $396K | 7,669 sf | $52 | 1.1 km |