Vacant lotWaterfront

1721 SE 7 St

Rio VistaFort Lauderdale15,888 sq ft lot (0.36 acres)Zoned RS-4.4
1721 SE 7 St in January 20261721 SE 7 St 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
$4.1–8.02MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 15,888 sq ft.
Land price per sq ft, sized to this lot
$0$404$808

Sized to this lot, nearby waterfront land sales point to about $319 per sq ft. This parcel last sold for $3.9M in Apr 2016 ($245 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.83Mto build and sell a 8,750 sq ft home here at a 15% margin.
Doesn’t pencilAt $5.07M for the land:Loss $2.74M · −39.1%Needs $1,349/sq ft to hit 15% · assumed $801
Land $5.07MBuild $2.84MSoft costs $284KCarry $1.13MSelling $421KLoss $2.74MSale $7.01M
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-4.4 Residential of Single Family/Low Density
Flood zone
AE base flood elevation 7–8 ft
Lowest floor
9 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
Yes dock, seawall and setback rules apply
Lot size
15,888 sf 0.36 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

Waterfront · last 5 years
AddressSoldPriceLot$/sq ftAway
1651 SE 8 St
Bought for a new home · Jeff Hendricks Developers
Sep 2022$4.06M14,062 sf$289197 m
525 Isle Of Capri
Bought for a new home · Celenski Piazza
Sep 2024$10.5M14,070 sf$746209 m
1632 SE 7 St
Bought for a new home · Caprio Custom Construction
Nov 2024$5.25M13,750 sf$382211 m
515 Isle Of Capri
Vacant lot sale
Jan 2024$3.2M8,250 sf$388238 m
1619 SE 7 St
Bought for a new home · Caprio Custom Construction
Apr 2023$8.5M16,164 sf$526241 m
1616 SE 7 St
Bought for a new home · Kass Construction & Development
Jun 2022$4.8M17,500 sf$274245 m
1817 SE 7 St
Bought for a new home · JL Lavallee Construction
May 2022$7.4M14,161 sf$523276 m
1601 SE 7 St
Bought for a new home · Sarkela
Dec 2021$15.6M28,487 sf$546286 m