Existing home · built 2014

2051 NE 59 St

Imperial PointFort Lauderdale7,501 sq ft lot (0.17 acres)Zoned RS-8
Aerial of 2051 NE 59 St, 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
$510–600KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,501 sq ft.
Land price per sq ft, sized to this lot
$0$64$128

Sized to this lot, nearby land sales point to about $75 per sq ft. This parcel last sold for $1.48M in Apr 2025 (with the house).

The county assesses the land at $75K and the house at $1.33M: the land is 5% of the assessed value.

What would a builder pay?

Build-and-sell pro forma
A builder could pay up to$767Kto build and sell a 3,300 sq ft home here at a 15% margin.
PencilsAt $563K for the land:Profit $572K · 25.2%Needs $599/sq ft to hit 15% · assumed $688
Land $563KBuild $792KSoft costs $79KCarry $129KSelling $136KProfit $572KSale $2.27M
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
7,501 sf 0.17 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
2020 NE 59 Ct
Bought for a new home · Zachary Rose General Contractor
Jun 2022$565K7,496 sf$7579 m
1930 NE 59 Pl
Bought for a new home · Zachary Rose General Contractor
Mar 2026$505K6,998 sf$72236 m
5950 NE 21 Cir
Bought for a new home · Zachary Rose General Contractor
Oct 2025$500K7,426 sf$67305 m
1890 NE 59 Pl
Bought for a new home · Trebbi Custom Construction
Dec 2021$668K10,988 sf$61325 m
2136 NE 56 Pl
Bought for a new home · Zachary Rose General Contractor
Aug 2026$600K7,503 sf$80395 m
5881 NE 22 Ave
Bought for a new home · ML Construction Group
Sep 2023$660K6,998 sf$94527 m
5671 NE 22 Ave
Bought for a new home · Ae Pro Builder
Jan 2026$555K7,536 sf$74537 m
5840 NE 22 Ave
Bought for a new home · Zachary Rose General Contractor
Jul 2025$535K6,994 sf$76554 m