Existing home · built 1998Waterfront

190 N Compass Dr

Bay ColonyFort Lauderdale4,869 sq ft lot (0.11 acres)Zoned RS-4.4
Aerial of 190 N Compass Dr, 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
$1.04–2.06MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 4,869 sq ft.
Land price per sq ft, sized to this lot
$0$339$678

Sized to this lot, nearby waterfront land sales point to about $247 per sq ft. This parcel last sold for $9M in Jul 2025 (with the house).

The county assesses the land at $1.05M and the house at $7.04M: the land is 13% of the assessed value.

What would a builder pay?

Build-and-sell pro forma
A builder could pay up to$558Kto build and sell a 2,500 sq ft home here at a 15% margin.
Doesn’t pencilAt $1.2M for the land:Loss $446K · −21.7%Needs $1,204/sq ft to hit 15% · assumed $822
Land $1.2MBuild $813KSoft costs $81KCarry $281KSelling $123KLoss $446KSale $2.06M
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
Yes dock, seawall and setback rules apply
Lot size
4,869 sf 0.11 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
111 Bay Colony Dr
Bought for a new home · Sarkela
Oct 2025$5.75M16,653 sf$345371 m
30 Compass Pt
Bought for a new home · Storelli Construction
Aug 2025$7M26,663 sf$263390 m
40 Compass Isle
Vacant lot sale
Dec 2025$4.5M12,500 sf$360432 m
3110 NE 59 St
Bought for a new home · Collin Builders
Aug 2023$1.65M9,360 sf$176765 m
3321 NE 58 St
Bought for a new home · Bomar Builders
Jul 2023$6.5M25,094 sf$259781 m
3200 NE 58 St
Bought for a new home · Grey Door Construction
Feb 2022$1.84M9,606 sf$192842 m
2830 NE 59 St
Vacant lot sale
Feb 2026$1.35M8,295 sf$163923 m
3210 NE 57 Ct
Bought for a new home · J & M Contractors of South Florida
Aug 2022$1.68M9,922 sf$169943 m