Existing home · built 2010Waterfront

1957 SE 21 Ave

Harbour InletFort Lauderdale9,375 sq ft lot (0.22 acres)Zoned RS-8
Aerial of 1957 SE 21 Ave, 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
$3.94–4.32MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 9,375 sq ft.
Land price per sq ft, sized to this lot
$0$369$738

Sized to this lot, nearby waterfront land sales point to about $449 per sq ft. This parcel last sold for $10.7M in Mar 2026 (with the house).

The county assesses the land at $709K and the house at $4.26M: the land is 14% of the assessed value.

What would a builder pay?

Build-and-sell pro forma
A builder could pay up to$2.73Mto build and sell a 8,050 sq ft home here at a 15% margin.
Doesn’t pencilAt $4.21M for the land:Loss $77K · −0.7%Needs $1,643/sq ft to hit 15% · assumed $1,371
Land $4.21MBuild $4.63MSoft costs $463KCarry $1.15MSelling $662KLoss $77KSale $11M
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
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
Yes dock, seawall and setback rules apply
Lot size
9,375 sf 0.22 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
1817 SE 21 Ave
Bought for a new home · Dynaprime Construction
Apr 2025$2.58M9,375 sf$275212 m
2400 SE 21 St
Bought for a new home · Premium Design & Build
Apr 2025$5M12,500 sf$400327 m
2524 Mercedes Dr
Bought for a new home · CM Land Development
Nov 2023$5.1M12,350 sf$413759 m
2552 Mercedes Dr
Bought for a new home · Premium Design & Build
Mar 2025$4.95M13,000 sf$381786 m
1830 S Ocean Dr
Vacant lot sale
Feb 2022$1.2M13,059 sf$92792 m
2525 Mercedes Dr
Bought for a new home · Gulf Building
Jan 2025$5.16M12,350 sf$418815 m
2572 Mercedes Dr
Bought for a new home · Premier Construction Contractors
Apr 2022$4M14,890 sf$269816 m
2531 Mercedes Dr
Bought for a new home · Gulf Building
Jan 2025$5.44M13,000 sf$418817 m