Vacant lot
427 NW 20 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$77–132KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 5,500 sq ft.
Land price per sq ft, sized to this lot
$0$25$50
Sized to this lot, nearby land sales point to about $19 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 $185. Enter the build cost per sq ft you expect below to see what the land supports.
Land $105KBuild $441KSoft costs $44KCarry $45KSelling $23KLoss $278KSale $379K
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
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 5,500 sf 0.13 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 |
|---|---|---|---|---|---|
| 405 NW 19 Ave Bought for a new home · Wright Now Construction | Aug 2024 | $127K | 5,250 sf | $24 | 113 m |
| 1909 NW 3 Ct Bought for a new home · Eltec Construction & Investment Liquidation Group | Mar 2026 | $161K | 6,888 sf | $23 | 131 m |
| 500 NW 20 Ave Bought for a new home · NLJ Builders | Apr 2022 | $218K | 6,523 sf | $33 | 132 m |
| 1712 NW 4 St Vacant lot sale | Jul 2025 | $107K | 5,750 sf | $19 | 251 m |
| 533 NW 16 Ave Bought for a new home · Infinity at Your Service | May 2023 | $112K | 5,400 sf | $21 | 408 m |
| 521 NW 22 Ave Bought for a new home · Tafur Construction | May 2022 | $106K | 8,499 sf | $12 | 478 m |
| 1717 NW 6 Pl Vacant lot sale | May 2024 | $130K | 7,500 sf | $17 | 490 m |
| 512 NW 23 Ave Bought for a new home · Advance Technical Construction | Jul 2022 | $121K | 8,499 sf | $14 | 519 m |