Vacant lot

604 SW 12 Ave

Riverside ParkFort Lauderdale5,952 sq ft lot (0.14 acres)Zoned RS-8

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Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales

$405–554KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 5,952 sq ft.

Land price per sq ft, sized to this lot

$0$74$149

Sized to this lot, nearby land sales point to about $90 per sq ft. This parcel last sold for $50K in Oct 1984.

Does it pencil?

Build-and-sell pro forma

Supports a land price up to$413Kto build and sell a 4,300 sq ft home here at a 15% margin.

TightAt $536K for the land:Profit $180K · 8.5%Needs $534/sq ft to hit 15% · assumed $493

Land $536KBuild $1.03MSoft costs $103KCarry $142KSelling $127KProfit $180KSale $2.12M

Land price$Midpoint of nearby land sales, adjusted for lot sizeHome sizesq ftsized like 10 new homes on similar lots nearbySale price per sq ft$8 nearest new homes soldBuild cost per sq ft$Upscale assumption, per sq ft of total area. Declared permit values here run ~$111/sq ft, well under real cost.Soft costs% of buildDesign, engineering, permits, insuranceMonths, purchase to salemoBuild ~24 mo (Fort Lauderdale median off the water) + permitting and saleInterest rate%On a loan covering about 65% of costsSelling costs% of saleTarget margin% of sale

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: 5,952 sf 0.14 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

Address	Sold	Price	Lot	$/sq ft	Away
728 SW 14 Ave Bought for a new home · Dinh Consulting	Jul 2026	$650K	6,837 sf	$95	292 m
1412 SW 7 St Bought for a new home · Dinh Consulting	May 2025	$490K	5,242 sf	$93	321 m
1006 SW 8 St Bought for a new home · Jar Construction	Apr 2022	$375K	6,128 sf	$61	324 m
927 SW 7 St Bought for a new home · Bana Construction Services	Jan 2024	$700K	6,795 sf	$103	327 m
807 SW 12 Ave Bought for a new home · Guardian Storm Protection	Jun 2024	$359K	6,500 sf	$55	330 m
809 SW 12 Ave Bought for a new home · Guardian Storm Protection	Jun 2024	$356K	6,459 sf	$55	344 m
931 SW 8 St Bought for a new home · Jar Construction	Jul 2023	$435K	6,549 sf	$66	356 m
940 SW 8 St Bought for a new home · Chars Construction Group	Jul 2024	$680K	6,666 sf	$102	359 m

Interested in this lot?

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New homes in Riverside Park

RisingWaterfront

Broward Co. 2026 · 26.1158° N 80.1607° W

1501 SW 5 Ct

Riverside ParkUrban Domus Construction

Likely price$3.95–5.5M

RisingWaterfront

Broward Co. 2026 · 26.1105° N 80.1587° W

820 SW 12 Ave

Riverside ParkDinh Consulting

Est. doneSep ’28–Nov ’29

All new homes in Riverside Park →

Record

Parcel folio: 504209020160
Assessed land value: $238K
Typical build here: 24.4 months permit to certificate of occupancy, homes off the water, Fort Lauderdale

Report a correction · Estimates are not appraisals.