Vacant lot

1445 NW 7 Ter

South Middle RiverFort Lauderdale10,134 sq ft lot (0.23 acres)Zoned RM-15
1445 NW 7 Ter in January 20261445 NW 7 Ter in 20162016 · City of Fort Lauderdale · Fort Lauderdale2026 · Broward County · Broward Co.

Drag to compare the lot in 2016 with January 2026. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales
$233–415KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 10,134 sq ft.
Land price per sq ft, sized to this lot
$0$33$66

Sized to this lot, nearby land sales point to about $39 per sq ft. This parcel last sold for $114K in Dec 2020 ($11 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Left 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 $395KBuild $667KSoft costs $67KCarry $98KSelling $45KLoss $524KSale $747K
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
RM-15 Residential Multifamily Low Rise/Medium Density
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
10,134 sf 0.23 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
1615 NW 8 Ave
Bought for a new home · Nextgen Builders
Jan 2026$130K6,747 sf$19304 m
1513 NW 4 Ave
Vacant lot sale
Jun 2022$260K8,782 sf$30398 m
1717 NW 7 Ter
Bought for a new home · DSM Construction
Jun 2025$195K7,838 sf$25491 m
1235 NW 2 Ave
Bought for a new home · Michael Salus Construction
Dec 2022$310K6,750 sf$46720 m
34 NE 16 Pl
Bought for a new home · SDG Services
Mar 2022$180K6,863 sf$26881 m
1015 NW 8 Ave #A-B
Bought for a new home · J Cooper Construction
Mar 2024$90K10,127 sf$9895 m
40 NE 16 Pl
Bought for a new home · Diamond Renovation & Construction
Mar 2024$396K7,669 sf$52897 m
1629 NE 1 Ave
Bought for a new home · Diamond Renovation & Construction
May 2024$170K10,072 sf$17918 m