Vacant lot

1518 NE 11 St

Lake RidgeFort Lauderdale6,753 sq ft lot (0.16 acres)Zoned RMM-25
Aerial of 1518 NE 11 St, January 20262026 · Broward County · Broward Co.

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

What it’s worth as land

From recorded sales
$500–601KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,753 sq ft.
Land price per sq ft, sized to this lot
$0$71$142

Sized to this lot, nearby land sales point to about $83 per sq ft. This parcel last sold for $175K in Nov 2015 ($26 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$283Kto build and sell a 3,700 sq ft home here at a 15% margin.
Doesn’t pencilAt $560K for the land:Loss $55K · −3.2%Needs $572/sq ft to hit 15% · assumed $465
Land $560KBuild $888KSoft costs $89KCarry $135KSelling $103KLoss $55KSale $1.72M
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
6,753 sf 0.16 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
AddressSoldPriceLot$/sq ftAway
1114 NE 13 Ave
Bought for a new home · AHC Builders
Nov 2025$643K6,742 sf$95249 m
1113 NE 17 Ter #A-B
Bought for a new home · Tudor Builders
Oct 2024$600K6,750 sf$89293 m
1112 NE 11 Ave
Bought for a new home · Lee Development & Construction
Nov 2021$500K6,749 sf$74431 m
828 NE 15 Ave
Bought for a new home · Lerman Construction
May 2026$2.17M20,250 sf$107433 m
1316 NE 14 Ave
Bought for a new home · Amick General Contracting
Oct 2025$480K6,750 sf$71494 m
1315 NE 17 Ave
Bought for a new home · Collin Builders
Aug 2022$500K6,754 sf$74503 m
1233 NE 12 Ave #A&B
Bought for a new home · Drore Developments
Mar 2022$430K6,748 sf$64516 m
1317 NE 17 Ave
Bought for a new home · Collin Builders
Mar 2022$585K6,754 sf$87516 m