2500 NE 40 St
Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded salesSized to this lot, nearby land sales point to about $83 per sq ft. This parcel last sold for $3.52M in May 2024 (with the house).
The county assesses the land at $727K and the house at $2.56M: the land is 22% of the assessed value.
What would a builder pay?
Build-and-sell pro formaFort 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 6–7 ft
- Lowest floor
- 8 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
- Waterfront
- No
- Lot size
- 24,220 sf 0.56 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 | 230 m |
| 3965 Country Club Ln Bought for a new home · Waterbrook Builders | May 2023 | $3M | 19,574 sf | $153 | 423 m |
| 4312 NE 23 Ave Bought for a new home · Master Contractors | May 2023 | $2.4M | 20,174 sf | $119 | 569 m |
| 2626 NE 37 Dr Bought for a new home · ACD Inst Corp | Jun 2025 | $1.2M | 12,500 sf | $96 | 642 m |
| 2601 NE 37 St Bought for a new home · Build Pro Construction | Jan 2026 | $1.35M | 10,012 sf | $135 | 665 m |
| 2672 NE 37 Dr Bought for a new home · Lakeshore Construction Usa | Sep 2025 | $1.48M | 11,307 sf | $130 | 706 m |
| 2633 NE 37 St Bought for a new home · ACD Inst Corp | Jan 2022 | $875K | 9,291 sf | $94 | 725 m |
| 4345 NE 22 Ave Bought for a new home · Dane Meyer Custom Builders | Mar 2025 | $1.15M | 12,041 sf | $96 | 752 m |