Vacant lot

540 SW 12 Ave

Riverside ParkFort Lauderdale8,843 sq ft lot (0.20 acres)Zoned RS-8
Aerial of 540 SW 12 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
$486–716KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 8,843 sq ft.
Land price per sq ft, sized to this lot
$0$65$130

Sized to this lot, nearby land sales point to about $72 per sq ft.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$461Kto build and sell a 4,800 sq ft home here at a 15% margin.
TightAt $637K for the land:Profit $157K · 6.6%Needs $545/sq ft to hit 15% · assumed $493
Land $637KBuild $1.15MSoft costs $115KCarry $164KSelling $142KProfit $157KSale $2.37M
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 ft
Lowest floor
7 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
No
Lot size
8,843 sf 0.20 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
AddressSoldPriceLot$/sq ftAway
1412 SW 7 St
Bought for a new home · Dinh Consulting
May 2025$490K5,242 sf$93372 m
728 SW 14 Ave
Bought for a new home · Dinh Consulting
Jul 2026$650K6,837 sf$95377 m
927 SW 7 St
Bought for a new home · Bana Construction Services
Jan 2024$700K6,795 sf$103379 m
1006 SW 8 St
Bought for a new home · Jar Construction
Apr 2022$375K6,128 sf$61414 m
807 SW 12 Ave
Bought for a new home · Guardian Storm Protection
Jun 2024$359K6,500 sf$55426 m
931 SW 8 St
Bought for a new home · Jar Construction
Jul 2023$435K6,549 sf$66428 m
940 SW 8 St
Bought for a new home · Chars Construction Group
Jul 2024$680K6,666 sf$102441 m
809 SW 12 Ave
Bought for a new home · Guardian Storm Protection
Jun 2024$356K6,459 sf$55441 m