Villa · CompleteWaterfront

623 SW 5 Pl

Tarpon RiverFort Lauderdale4,035 sq ft lot (0.09 acres)Zoned RD-15
A villa in a pair Groundbreak tracks621–623 SW 5 Pl · this unit: completeEvery unit’s stage from the city’s records, what they sold for, and who’s building it.See the project →
Aerial of 623 SW 5 Pl, 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
$286–863KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 4,035 sq ft.
Land price per sq ft, sized to this lot
$0$171$342

Sized to this lot, nearby waterfront land sales point to about $115 per sq ft.

The county assesses the land at $363K and the house at $0: the land is 100% of the assessed value.

Not a teardown

Build-and-sell pro forma

This lot is a villa in 621–623 SW 5 Pl, so there’s no teardown math to run. See the project’s record.

The rules

City GIS and parcel roll
Zoning
RD-15 Residential Single Family and Duplex/Medium Density
Flood zone
AE base flood elevation 6 ft
Lowest floor
7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
Yes dock, seawall and setback rules apply
Lot size
4,035 sf 0.09 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
612 SW 8 Ter
Bought for a new home · Barron Development
Sep 2022$1.43M8,255 sf$173241 m
522 SW 9 Ter
Vacant lot sale
Mar 2025$2.1M11,415 sf$184390 m
704 SW 8 Ter
Bought for a new home · Alva Construction Group
Nov 2022$511K9,152 sf$56414 m
808 SW 8 Ter
Bought for a new home · REI Construction
May 2026$850K11,210 sf$76498 m
1024 SW 5 Pl
Bought for a new home · Ross Brothers
Jan 2023$1.51M6,837 sf$222534 m
700 SW 12 Ave
Bought for a new home · Guardian Storm Protection
Apr 2024$3.75M19,808 sf$189778 m
1122 SW 8 Ter
Bought for a new home · Brandcon
Jul 2026$615K6,038 sf$102799 m
1130 SW 8 Ter
Bought for a new home · Brandcon
Dec 2025$515K6,041 sf$85830 m