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$85–125KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 4,999 sq ft.
Land price per sq ft, sized to this lot
$0$25$50
Sized to this lot, nearby land sales point to about $21 per sq ft.
Does it pencil?
Build-and-sell pro formaLeft over for the landNo fair defaultOur build costs are tested on new homes selling for $400 or more a sq ft, and here they sell for about $187. Enter the build cost per sq ft you expect below to see what the land supports.
Land $105KBuild $398KSoft costs $40KCarry $42KSelling $21KLoss $259KSale $346K
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
- RMS-15 Residential Multi-Family / Low Rise / 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
- 4,999 sf 0.11 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 |
|---|---|---|---|---|---|
| 521 NW 22 Ave Bought for a new home · Tafur Construction | May 2022 | $106K | 8,499 sf | $12 | 274 m |
| 512 NW 23 Ave Bought for a new home · Advance Technical Construction | Jul 2022 | $121K | 8,499 sf | $14 | 303 m |
| 500 NW 20 Ave Bought for a new home · NLJ Builders | Apr 2022 | $218K | 6,523 sf | $33 | 315 m |
| 1909 NW 3 Ct Bought for a new home · Eltec Construction & Investment Liquidation Group | Mar 2026 | $161K | 6,888 sf | $23 | 321 m |
| 405 NW 19 Ave Bought for a new home · Wright Now Construction | Aug 2024 | $127K | 5,250 sf | $24 | 333 m |
| 1712 NW 4 St Vacant lot sale | Jul 2025 | $107K | 5,750 sf | $19 | 476 m |
| 2136 NW 7 St Vacant lot sale | Jun 2026 | $240K | 9,360 sf | $26 | 554 m |
| 533 NW 16 Ave Bought for a new home · Infinity at Your Service | May 2023 | $112K | 5,400 sf | $21 | 617 m |