Vacant lotWaterfront

1542 SW 18 Ter

Shady BanksFort Lauderdale7,910 sq ft lot (0.18 acres)Zoned RS-8
1542 SW 18 Ter in January 20261542 SW 18 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
$933K–1.1MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,910 sq ft.
Land price per sq ft, sized to this lot
$0$111$222

Sized to this lot, nearby waterfront land sales point to about $130 per sq ft. This parcel last sold for $900K in Feb 2025 ($114 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$362Kto build and sell a 5,400 sq ft home here at a 15% margin.
Doesn’t pencilAt $900K for the land:Loss $255K · −10.2%Needs $610/sq ft to hit 15% · assumed $462
Land $900KBuild $1.3MSoft costs $130KCarry $275KSelling $150KLoss $255KSale $2.49M
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
Yes dock, seawall and setback rules apply
Lot size
7,910 sf 0.18 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

Waterfront · last 5 years
AddressSoldPriceLot$/sq ftAway
1483 SW 18 Ave
Vacant lot sale
Aug 2024$564K6,557 sf$86197 m
2060 SW 16 Ct
Vacant lot sale
Mar 2024$1.57M58,617 sf$27251 m
1316 Tangelo Isle
Bought for a new home · Ram Construction Services
Oct 2023$1.24M7,781 sf$159646 m
1317 Tangelo Isle
Bought for a new home · Florida's Best Construction Services
Nov 2023$1.03M7,781 sf$132656 m
1313 Orange Isle
Bought for a new home · Fennec
Feb 2023$850K6,890 sf$123660 m
1325 Guava Isle
Bought for a new home · Kedeco Enterprises
Jul 2026$1.1M7,950 sf$138748 m
1212 Mandarin Isle
Bought for a new home · Fennec
Nov 2023$865K6,890 sf$126796 m
1334 Mango Isle
Bought for a new home · Jar Construction
Jun 2023$1.95M19,728 sf$99814 m