Vacant lot
2501 SW 28 Ter
RiverlandingsFort Lauderdale21,955 sq ft lot (0.50 acres)Zoned RS-3.52
Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$395–505KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 21,955 sq ft.
Land price per sq ft, sized to this lot
$0$25$50
Sized to this lot, nearby land sales point to about $22 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$49Kto build and sell a 3,300 sq ft home here at a 15% margin.
Doesn’t pencilAt $483K for the land:Loss $321K · −28.6%Needs $528/sq ft to hit 15% · assumed $340
Land $483KBuild $710KSoft costs $71KCarry $113KSelling $67KLoss $321KSale $1.12M
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
- 21,955 sf 0.50 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
Off the water · last 5 years| Address | Sold | Price | Lot | $/sq ft | Away |
|---|---|---|---|---|---|
| 2121 Tanbark Ln Bought for a new home · Belkasa | Mar 2025 | $320K | 10,507 sf | $30 | 804 m |
| 1971 SW 30 Ter Vacant lot sale | Mar 2023 | $213K | 10,018 sf | $21 | 815 m |
| 1951 SW 30 Ter Bought for a new home · Citadel Property Construction | Sep 2025 | $225K | 10,009 sf | $22 | 833 m |
| 2000 SW 31 Ave Vacant lot sale | Oct 2024 | $259K | 8,087 sf | $32 | 854 m |
| 2473 SW 21 St Bought for a new home · Constructonik | Apr 2025 | $257K | 8,894 sf | $29 | 925 m |
| 1810 SW 30 Ter Bought for a new home · H&M Housing Land Development | Sep 2023 | $224K | 13,789 sf | $16 | 943 m |
| 2415 SW 18 Ct Bought for a new home · Next Era Contractors | May 2026 | $304K | 10,494 sf | $29 | 1.1 km |
| 1680 Riverland Rd Vacant lot sale | Dec 2024 | $260K | 9,781 sf | $27 | 1.1 km |