Vacant lot

4318 NE 23 Ave

Coral Ridge Country ClubFort Lauderdale15,046 sq ft lot (0.35 acres)Zoned RS-4.4
4318 NE 23 Ave in January 20264318 NE 23 Ave in 20162016 · City of Fort Lauderdale · Fort Lauderdale2026 · Broward County · Broward Co.

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
$1.22–1.79MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 15,046 sq ft.
Land price per sq ft, sized to this lot
$0$95$190

Sized to this lot, nearby land sales point to about $91 per sq ft. This parcel last sold for $130K in Jun 1974.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.25Mto build and sell a 6,700 sq ft home here at a 15% margin.
TightAt $1.37M for the land:Profit $616K · 12.3%Needs $774/sq ft to hit 15% · assumed $748
Land $1.37MBuild $2.18MSoft costs $218KCarry $331KSelling $301KProfit $616KSale $5.01M
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 7 ft
Lowest floor
8 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
No
Lot size
15,046 sf 0.35 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
AddressSoldPriceLot$/sq ftAway
4312 NE 23 Ave
Bought for a new home · Master Contractors
May 2023$2.4M20,174 sf$11939 m
4345 NE 22 Ave
Bought for a new home · Dane Meyer Custom Builders
Mar 2025$1.15M12,041 sf$96168 m
4601 NE 23 Ave
Bought for a new home · Build Pro Construction
Mar 2022$1M11,618 sf$86243 m
4516 NE 22 Rd
Bought for a new home · Tortuga Shell Contractor
Nov 2023$975K10,000 sf$98298 m
4700 NE 23 Ave
Bought for a new home · Charland Rurey Construction
Feb 2025$2.19M21,000 sf$105343 m
3965 Country Club Ln
Bought for a new home · Waterbrook Builders
May 2023$3M19,574 sf$153442 m
2590 NE 41 Ct
Vacant lot sale
Jul 2025$740K10,144 sf$73495 m
4720 NE 27 Ave
Bought for a new home · La Rocca Construction
Sep 2024$750K8,388 sf$89691 m