Vacant lot

1513 NW 4 Ave

South Middle RiverFort Lauderdale8,782 sq ft lot (0.20 acres)Zoned RDS-15

Ask about this lot Follow

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

What it’s worth as land

From recorded sales

$211–369KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,782 sq ft.

Land price per sq ft, sized to this lot

$0$34$67

Sized to this lot, nearby land sales point to about $41 per sq ft. This parcel last sold for $260K in Jun 2022 ($30 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma

Supports a land price up to$105Kto build and sell a 3,100 sq ft home here at a 15% margin.

Doesn’t pencilAt $360K for the land:Loss $117K · −10.3%Needs $485/sq ft to hit 15% · assumed $367

Land $360KBuild $667KSoft costs $67KCarry $94KSelling $68KLoss $117KSale $1.14M

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 South Middle RiverSale 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: RDS-15 Residential Single Family / Medium Density
Flood zone: X
Lowest floor: —
Waterfront: No
Lot size: 8,782 sf 0.20 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
34 NE 16 Pl Bought for a new home · SDG Services	Mar 2022	$180K	6,863 sf	$26	501 m
40 NE 16 Pl Bought for a new home · Diamond Renovation & Construction	Mar 2024	$396K	7,669 sf	$52	515 m
1615 NW 8 Ave Bought for a new home · Nextgen Builders	Jan 2026	$130K	6,747 sf	$19	528 m
1520 NE 1 Ave Bought for a new home · Arm Property Services	Mar 2026	$400K	6,754 sf	$59	528 m
1629 NE 1 Ave Bought for a new home · Diamond Renovation & Construction	May 2024	$170K	10,072 sf	$17	535 m
1235 NW 2 Ave Bought for a new home · Michael Salus Construction	Dec 2022	$310K	6,750 sf	$46	540 m
1717 NW 7 Ter Bought for a new home · DSM Construction	Jun 2025	$195K	7,838 sf	$25	566 m
1336 NE 2 Ave Bought for a new home · Guzman Developing	Jul 2025	$305K	6,755 sf	$45	690 m

Interested in this lot?

A licensed agent who works land and new construction will check whether it can be bought, what it would take to build, and who builds nearby.

Follow South Middle River

Hear when a new home is permitted in South Middle River, or one finishes.

Email only. One note per real change in the city’s records. Unsubscribe anytime.

New homes in South Middle River

Rising

Broward Co. 2026 · 26.1436° N 80.1423° W

1336 NE 2 Ave

South Middle RiverGuzman Developing

Likely price$1.23–1.7M

Rising

Broward Co. 2026 · 26.1497° N 80.1526° W

1717 NW 7 Ter

South Middle RiverDSM Construction

Likely price$850K–1.2M

All new homes in South Middle River →

Record

Parcel folio: 494234015950
Assessed land value: $220K
Typical build here: 24.4 months permit to certificate of occupancy, homes off the water, Fort Lauderdale

Report a correction · Estimates are not appraisals.