Vacant lotWaterfront

700 SE 28 Ave

Santa Barbara EstatesPompano Beach11,250 sq ft lot (0.26 acres)Zoned RS-2
700 SE 28 Ave in January 2026700 SE 28 Ave in 20162016 · City of Fort Lauderdale · Fort Lauderdale2026 · Broward County · Broward Co.

Drag to compare the lot in 2016 with January 2026. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales
$1.46–1.78MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 11,250 sq ft.
Land price per sq ft, sized to this lot
$0$126$253

Sized to this lot, nearby waterfront land sales point to about $138 per sq ft. This parcel last sold for $2M in Jun 2026 ($178 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.58Mto build and sell a 6,200 sq ft home here at a 15% margin.
TightAt $2M for the land:Profit $323K · 5.9%Needs $984/sq ft to hit 15% · assumed $882
Land $2MBuild $2.02MSoft costs $202KCarry $601KSelling $328KProfit $323KSale $5.47M
Fort Lauderdale calibration

Calibrated on 148 Fort Lauderdale deals: Pompano Beach doesn’t have enough of its own on record yet. 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-2 One-Family Residence 2
Flood zone
AE base flood elevation 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
11,250 sf 0.26 acres
Ownership
Company often a builder or investor

Setbacks, height and lot coverage depend on the zoning district; see Pompano Beach’s Zoning Code (Chapter 155). Confirm with a surveyor and the city before you buy.

Nearby land sales

Waterfront · last 5 years
AddressSoldPriceLot$/sq ftAway
512 SE 28 Ave
Vacant lot sale
Jun 2024$2.3M19,650 sf$117107 m
1350 E Terra Mar Dr
Bought for a new home · Lighthouse Builders
Jul 2024$1.3M8,744 sf$149501 m
1360 E Terra Mar Dr
Bought for a new home · Garza Contractors
Sep 2022$1.98M9,111 sf$217541 m
400 Circle Dr
Vacant lot sale
Dec 2025$2M13,293 sf$150546 m
2651 SE 10 Ct
Bought for a new home · Taber Construction
Jun 2023$1.94M11,624 sf$167880 m
2622 NE 3 St
Bought for a new home · Timuti Construction
Feb 2023$1.17M8,250 sf$1421.0 km
2496 SE 12 St
Bought for a new home
Feb 2025$1.26M8,628 sf$1461.2 km
381 SE 14 Ave
Bought for a new home · RMC Builders of Florida
Nov 2024$780K7,000 sf$1111.4 km