Existing home · built 2002Waterfront

2724 Sea Island Dr

Seven IslesFort Lauderdale27,219 sq ft lot (0.62 acres)Zoned RS-4.4
Aerial of 2724 Sea Island 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
$4.55–5.63MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 27,219 sq ft.
Land price per sq ft, sized to this lot
$0$166$331

Sized to this lot, nearby waterfront land sales point to about $203 per sq ft. This parcel last sold for $22.4M in Dec 2024 (with the house).

The county assesses the land at $3.54M and the house at $17M: the land is 17% of the assessed value.

What would a builder pay?

Build-and-sell pro forma
A builder could pay up to$2.71Mto build and sell a 12,000 sq ft home here at a 15% margin.
Doesn’t pencilAt $5.53M for the land:Loss $1.13M · −7.9%Needs $1,551/sq ft to hit 15% · assumed $1,203
Land $5.53MBuild $6.9MSoft costs $690KCarry $1.59MSelling $866KLoss $1.13MSale $14.4M
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 6–8 ft
Lowest floor
9 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
Yes dock, seawall and setback rules apply
Lot size
27,219 sf 0.62 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

Waterfront · last 5 years
AddressSoldPriceLot$/sq ftAway
2721 Sea Island Dr
Bought for a new home · CKA Construction Group of Florida
Nov 2025$12M19,676 sf$61045 m
2631 Sea Island Dr
Bought for a new home · E&E Development Group
Dec 2025$2.75M10,021 sf$274139 m
2518 Barcelona Dr
Bought for a new home · Garza Contractors
Aug 2025$3.1M12,450 sf$249329 m
2500 Sea Island Dr
Bought for a new home
Apr 2025$2.8M10,021 sf$279387 m
2506 Castilla Isle
Bought for a new home · Uback Construction
Jan 2022$1.45M9,000 sf$161455 m
2520 Delmar Pl
Bought for a new home · Fennec
Apr 2024$2.64M9,000 sf$293498 m
2508 Delmar Pl
Bought for a new home · Gulf Building
Oct 2023$2.58M9,000 sf$286530 m
2601 E Las Olas Blvd
Bought for a new home · Oberholtzer Construction
Aug 2025$2.08M7,800 sf$266543 m