Vacant lotWaterfront

2885 NE 28 St

Coral RidgeFort Lauderdale8,624 sq ft lot (0.20 acres)Zoned RS-4.4
Aerial of 2885 NE 28 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
$1.64–1.98MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,624 sq ft.
Land price per sq ft, sized to this lot
$0$184$368

Sized to this lot, nearby waterfront land sales point to about $221 per sq ft. This parcel last sold for $300K in Mar 1991.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.99Mto build and sell a 6,300 sq ft home here at a 15% margin.
PencilsAt $1.91M for the land:Profit $1M · 16.6%Needs $939/sq ft to hit 15% · assumed $959
Land $1.91MBuild $2.05MSoft costs $205KCarry $517KSelling $363KProfit $1MSale $6.04M
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 6–7 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
8,624 sf 0.20 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
2891 NE 28 St
Bought for a new home · CBJ Construction
Apr 2023$3.98M12,964 sf$30726 m
2893 NE 27 St
Bought for a new home · Tribeca Investment
Jul 2023$1.9M9,553 sf$199121 m
2849 NE 29 St
Bought for a new home · Garza Contractors
Feb 2024$1.7M10,004 sf$170196 m
2840 NE 27 St
Bought for a new home · Zachary Rose General Contractor
Feb 2022$2M11,505 sf$174319 m
2856 NE 26 Pl
Bought for a new home · Iberica Renovations
Oct 2023$2.1M11,403 sf$184355 m
2839 NE 26 Pl
Bought for a new home · Bottom Line Construction Management
Jan 2022$2M12,004 sf$167361 m
2825 NE 27 St
Bought for a new home · 1ST Ranked Contractor
Nov 2023$2.2M10,004 sf$220363 m
3108 NE 26 St
Bought for a new home · Celenski Piazza
May 2022$2M11,528 sf$173452 m