Vacant lot

1881 SW 21 St

River OaksFort Lauderdale8,625 sq ft lot (0.20 acres)Zoned RD-15
1881 SW 21 St in January 20261881 SW 21 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
$267–380KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,625 sq ft.
Land price per sq ft, sized to this lot
$0$35$70

Sized to this lot, nearby land sales point to about $42 per sq ft. This parcel last sold for $230K in Feb 2021 ($27 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 $362K for the land:Profit $4K · 0.3%Needs $469/sq ft to hit 15% · assumed $395
Land $362KBuild $742KSoft costs $74KCarry $99KSelling $82KProfit $4KSale $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
8,625 sf 0.20 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$5088 m
2000 SW 18 Ave
Bought for a new home · Blue Sky Design
Apr 2022$285K5,932 sf$48146 m
1821 SW 23 St
Vacant lot sale
Oct 2023$400K7,225 sf$55171 m
1711 SW 23 St
Vacant lot sale
Nov 2021$200K5,669 sf$35263 m
1668 SW 24 St #1-2
Bought for a new home · Lifestyle Construction Group
Jul 2022$300K6,684 sf$45472 m
1522 SW 15 Ter
Bought for a new home · Cuffia Builders
Sep 2024$515K11,029 sf$47815 m
2711 SW 15 Ave
Vacant lot sale
Dec 2021$240K6,200 sf$39848 m
2473 SW 21 St
Bought for a new home · Constructonik
Apr 2025$257K8,894 sf$29861 m