Vacant lot
4233 NE 29 Ave
Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$561–780KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 4,560 sq ft.
Land price per sq ft, sized to this lot
$0$137$274
Sized to this lot, nearby land sales point to about $135 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$1.83Mto build and sell a 7,500 sq ft home here at a 15% margin.
PencilsAt $616K for the land:Profit $2.3M · 37.0%Needs $599/sq ft to hit 15% · assumed $830
Land $616KBuild $2.44MSoft costs $244KCarry $252KSelling $374KProfit $2.3MSale $6.22M
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-8 Residential Single Family/Low Medium 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
- No
- Lot size
- 4,560 sf 0.10 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 |
|---|---|---|---|---|---|
| 2590 NE 41 Ct Vacant lot sale | Jul 2025 | $740K | 10,144 sf | $73 | 306 m |
| 4720 NE 27 Ave Bought for a new home · La Rocca Construction | Sep 2024 | $750K | 8,388 sf | $89 | 481 m |
| 4312 NE 23 Ave Bought for a new home · Master Contractors | May 2023 | $2.4M | 20,174 sf | $119 | 617 m |
| 4601 NE 23 Ave Bought for a new home · Build Pro Construction | Mar 2022 | $1M | 11,618 sf | $86 | 653 m |
| 4700 NE 23 Ave Bought for a new home · Charland Rurey Construction | Feb 2025 | $2.19M | 21,000 sf | $105 | 669 m |
| 4516 NE 22 Rd Bought for a new home · Tortuga Shell Contractor | Nov 2023 | $975K | 10,000 sf | $98 | 722 m |
| 4345 NE 22 Ave Bought for a new home · Dane Meyer Custom Builders | Mar 2025 | $1.15M | 12,041 sf | $96 | 766 m |
| 3965 Country Club Ln Bought for a new home · Waterbrook Builders | May 2023 | $3M | 19,574 sf | $153 | 795 m |