Vacant lot

1712 SW 24 St #1-4

River OaksFort Lauderdale55,934 sq ft lot (1.28 acres)Zoned RD-15

Ask about this lot Follow

2016 · 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

$1.06–1.4MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 55,934 sq ft.

Land price per sq ft, sized to this lot

$0$25$50

Sized to this lot, nearby land sales point to about $24 per sq ft. This parcel last sold for $1.49M in Jul 2021 ($27 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma

Supports a land price up to$179Kto build and sell a 3,300 sq ft home here at a 15% margin.

Doesn’t pencilAt $1.34M for the land:Loss $1.12M · −85.5%Needs $900/sq ft to hit 15% · assumed $396

Land $1.34MBuild $710KSoft costs $71KCarry $223KSelling $78KLoss $1.12MSale $1.31M

Land price$Midpoint of nearby land sales, adjusted for lot sizeHome sizesq ftmedian new home in River OaksSale 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: RD-15 Residential Single Family and Duplex/Medium Density
Flood zone: AE base flood elevation 5–6 ft
Lowest floor: 7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront: No
Lot size: 55,934 sf 1.28 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
1668 SW 24 St #1-2 Bought for a new home · Lifestyle Construction Group	Jul 2022	$300K	6,684 sf	$45	154 m
1711 SW 23 St Vacant lot sale	Nov 2021	$200K	5,669 sf	$35	249 m
1821 SW 23 St Vacant lot sale	Oct 2023	$400K	7,225 sf	$55	254 m
1871 SW 22 St Vacant lot sale	Oct 2024	$275K	5,457 sf	$50	357 m
2000 SW 18 Ave Bought for a new home · Blue Sky Design	Apr 2022	$285K	5,932 sf	$48	439 m
2711 SW 15 Ave Vacant lot sale	Dec 2021	$240K	6,200 sf	$39	446 m
1831 SW 30 St Vacant lot sale	Sep 2022	$132K	7,589 sf	$17	490 m
1419 SW 27 Ct Bought for a new home · Roserock Management	Sep 2024	$162K	4,738 sf	$34	533 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 River Oaks

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

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

New homes in River Oaks

RisingWaterfront

Broward Co. 2026 · 26.1035° N 80.1539° W

909 Guava Isle

River OaksKedeco Enterprises

Likely price$3.1–4.35M

RisingWaterfront

Broward Co. 2026 · 26.1047° N 80.1594° W

1334 Mango Isle

River OaksJar Construction

Likely price$6.25–8.75M

All new homes in River Oaks →

Record

Parcel folio: 504221460010
Assessed land value: $2.24M
Typical build here: 24.4 months permit to certificate of occupancy, homes off the water, Fort Lauderdale

Report a correction · Estimates are not appraisals.