Vacant lotWaterfront

460 Victoria Ter

Victoria ParkFort Lauderdale7,568 sq ft lot (0.17 acres)Zoned RS-8
Aerial of 460 Victoria Ter, 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
$1.79–2.84MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,568 sq ft.
Land price per sq ft, sized to this lot
$0$300$600

Sized to this lot, nearby waterfront land sales point to about $328 per sq ft. This parcel last sold for $863K in Apr 2017 ($114 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.23Mto build and sell a 5,000 sq ft home here at a 15% margin.
Doesn’t pencilAt $2.48M for the land:Loss $542K · −8.8%Needs $1,604/sq ft to hit 15% · assumed $1,233
Land $2.48MBuild $2.88MSoft costs $288KCarry $692KSelling $370KLoss $542KSale $6.17M
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 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
7,568 sf 0.17 acres
Ownership
Company often a builder or investor

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
119 N Gordon Rd
Bought for a new home · Gulf Building
Oct 2023$2.73M14,443 sf$189411 m
111 N Gordon Rd
Bought for a new home · Uback Construction
Mar 2023$2.5M18,797 sf$133457 m
122 Fiesta Way
Bought for a new home · Naim Development
Jan 2024$3.5M10,200 sf$343485 m
223 Royal Palm Dr
Bought for a new home · CKA Construction Group of Florida
Jan 2025$10.7M19,816 sf$539570 m
73 Fiesta Way
Bought for a new home · Ascent Construction Group
Feb 2025$2.75M10,200 sf$270602 m
97 Nurmi Dr
Bought for a new home · CDC Builders
Sep 2022$3.5M12,000 sf$292642 m
607 3 Key Dr
Vacant lot sale
Nov 2024$3.38M26,240 sf$129671 m
24 Fiesta Way
Bought for a new home · Arkitron
Feb 2022$2.2M10,200 sf$216818 m