Vacant lotWaterfront

2405 Middle River Dr

Coral RidgeFort Lauderdale10,131 sq ft lot (0.23 acres)Zoned RS-4.4
Aerial of 2405 Middle River Dr, 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
$1.41–1.96MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 10,131 sq ft.
Land price per sq ft, sized to this lot
$0$154$309

Sized to this lot, nearby waterfront land sales point to about $163 per sq ft. This parcel last sold for $259K in Feb 2011.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$662Kto build and sell a 7,250 sq ft home here at a 15% margin.
Doesn’t pencilAt $1.65M for the land:Loss $67K · −0.9%Needs $1,206/sq ft to hit 15% · assumed $1,004
Land $1.65MBuild $4.17MSoft costs $417KCarry $672KSelling $437KLoss $67KSale $7.28M
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 ft
Lowest floor
8 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
Yes dock, seawall and setback rules apply
Lot size
10,131 sf 0.23 acres
Ownership
Private owner

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
2406 Fryer Pt
Bought for a new home · Double P Construction
Oct 2023$2.2M10,730 sf$205121 m
2125 Middle River Dr
Bought for a new home · G&B Builders
Apr 2025$2.4M13,592 sf$177224 m
2464 NE 22 Ter
Bought for a new home · REI Construction
Mar 2026$1.43M9,377 sf$152230 m
2108 NE 22 Ter
Bought for a new home · Gusti Building
Apr 2023$1.27M8,800 sf$145279 m
2508 NE 22 Ter
Bought for a new home · Drore Developments
Jul 2023$1.51M8,908 sf$170281 m
2540 NE 22 Ter
Bought for a new home · Rio Feo Development
Jan 2025$1.55M8,908 sf$174378 m
2551 Middle River Dr
Bought for a new home · GC Pro
Nov 2021$1M13,085 sf$76424 m
2215 NE 19 St
Bought for a new home · Gusti Building
Jan 2022$1.1M10,042 sf$110427 m