Vacant lot

2120 SW 28 Way

Fort Lauderdale7,694 sq ft lot (0.18 acres)Zoned RS-3.52

Ask about this lot Follow

Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales

$185–246KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,694 sq ft.

Land price per sq ft, sized to this lot

$0$26$51

Sized to this lot, nearby land sales point to about $30 per sq ft. This parcel last sold for $322K in Jul 1988.

Does it pencil?

Build-and-sell pro forma

Supports a land price up to$75Kto build and sell a 3,050 sq ft home here at a 15% margin.

Doesn’t pencilAt $231K for the land:Loss $13K · −1.2%Needs $427/sq ft to hit 15% · assumed $354

Land $231KBuild $656KSoft costs $66KCarry $76KSelling $65KLoss $13KSale $1.08M

Land price$Midpoint of nearby land sales, adjusted for lot sizeHome sizesq ftsized like 10 new homes on similar lots nearbySale 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: RS-3.52 Irregular Residential
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: 7,694 sf 0.18 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
1971 SW 30 Ter Vacant lot sale	Mar 2023	$213K	10,018 sf	$21	414 m
1951 SW 30 Ter Bought for a new home · Citadel Property Construction	Sep 2025	$225K	10,009 sf	$22	424 m
2000 SW 31 Ave Vacant lot sale	Oct 2024	$259K	8,087 sf	$32	461 m
1810 SW 30 Ter Bought for a new home · H&M Housing Land Development	Sep 2023	$224K	13,789 sf	$16	467 m
2121 Tanbark Ln Bought for a new home · Belkasa	Mar 2025	$320K	10,507 sf	$30	651 m
1625 SW 30 Ave Bought for a new home · Roberto La Rocca	Jul 2024	$275K	8,104 sf	$34	691 m
1611 SW 30 Ave Bought for a new home · Shannon & Shannon Properties	Oct 2023	$180K	7,562 sf	$24	708 m
2473 SW 21 St Bought for a new home · Constructonik	Apr 2025	$257K	8,894 sf	$29	719 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 Fort Lauderdale

One email a week: new permits, homes going vertical and finished homes across Fort Lauderdale.

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

New homes nearby

Quiet

Broward Co. 2026 · 26.0979° N 80.1840° W

Declared permit value$150K

Rising

Broward Co. 2026 · 26.0972° N 80.1850° W

1951 SW 30 Ter

Chula Vista IslesCitadel Property Construction

Likely price$950K–1.32M

Record

Parcel folio: 504217020280
Assessed land value: $154K
Typical build here: 24.4 months permit to certificate of occupancy, homes off the water, Fort Lauderdale

Report a correction · Estimates are not appraisals.