Vacant lot

1821 SW 23 St

River OaksFort Lauderdale7,225 sq ft lot (0.17 acres)Zoned RD-15
Aerial of 1821 SW 23 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
$238–332KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,225 sq ft.
Land price per sq ft, sized to this lot
$0$37$74

Sized to this lot, nearby land sales point to about $44 per sq ft. This parcel last sold for $400K in Oct 2023 ($55 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$184Kto build and sell a 3,450 sq ft home here at a 15% margin.
TightAt $318K for the land:Profit $54K · 3.9%Needs $450/sq ft to hit 15% · assumed $395
Land $318KBuild $742KSoft costs $74KCarry $94KSelling $82KProfit $54KSale $1.36M
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 6 ft
Lowest floor
7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
No
Lot size
7,225 sf 0.17 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
AddressSoldPriceLot$/sq ftAway
1871 SW 22 St
Vacant lot sale
Oct 2024$275K5,457 sf$50106 m
1711 SW 23 St
Vacant lot sale
Nov 2021$200K5,669 sf$35165 m
2000 SW 18 Ave
Bought for a new home · Blue Sky Design
Apr 2022$285K5,932 sf$48226 m
1668 SW 24 St #1-2
Bought for a new home · Lifestyle Construction Group
Jul 2022$300K6,684 sf$45322 m
2711 SW 15 Ave
Vacant lot sale
Dec 2021$240K6,200 sf$39687 m
1831 SW 30 St
Vacant lot sale
Sep 2022$132K7,589 sf$17723 m
1419 SW 27 Ct
Bought for a new home · Roserock Management
Sep 2024$162K4,738 sf$34753 m
1779 SW 30 Pl
Bought for a new home · Master Construction
Aug 2024$1.8M22,708 sf$79819 m