Vacant lot

1540 SW 29 Ter

Chula Vista IslesFort Lauderdale9,951 sq ft lot (0.23 acres)Zoned RS-6.85B
1540 SW 29 Ter in January 20261540 SW 29 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
$209–289KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 9,951 sq ft.
Land price per sq ft, sized to this lot
$0$25$50

Sized to this lot, nearby land sales point to about $23 per sq ft. This parcel last sold for $110K in Nov 2020 ($11 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$82Kto build and sell a 3,300 sq ft home here at a 15% margin.
TightAt $229K for the land:Profit $9K · 0.8%Needs $418/sq ft to hit 15% · assumed $354
Land $229KBuild $710KSoft costs $71KCarry $80KSelling $70KProfit $9KSale $1.17M
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-6.85B Irregular Residential
Flood zone
X
Lowest floor
—
Waterfront
No
Lot size
9,951 sf 0.23 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
1501 SW 28 Way
Bought for a new home · Shannon & Shannon Properties
Feb 2026$200K8,522 sf$23149 m
1611 SW 30 Ave
Bought for a new home · Shannon & Shannon Properties
Oct 2023$180K7,562 sf$24182 m
1625 SW 30 Ave
Bought for a new home · Roberto La Rocca
Jul 2024$275K8,104 sf$34192 m
1810 SW 30 Ter
Bought for a new home · H&M Housing Land Development
Sep 2023$224K13,789 sf$16363 m
3030 Davie Blvd
Vacant lot sale
Jul 2026$65K7,888 sf$8478 m
1951 SW 30 Ter
Bought for a new home · Citadel Property Construction
Sep 2025$225K10,009 sf$22550 m
2000 SW 31 Ave
Vacant lot sale
Oct 2024$259K8,087 sf$32569 m
1971 SW 30 Ter
Vacant lot sale
Mar 2023$213K10,018 sf$21570 m