Vacant lot

705 NW 7 Ave

Blanche ElyPompano Beach7,082 sq ft lot (0.16 acres)Zoned RM-12
Aerial of 705 NW 7 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
$120–163KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,082 sq ft.
Land price per sq ft, sized to this lot
$0$25$50

Sized to this lot, nearby land sales point to about $18 per sq ft.

Does it pencil?

Build-and-sell pro forma
Left over for the landNo fair defaultOur build costs are tested on new homes selling for $400 or more a sq ft, and here they sell for about $219. Enter the build cost per sq ft you expect below to see what the land supports.
Land $127KBuild $355KSoft costs $35KCarry $33KSelling $22KLoss $211KSale $361K
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
RM-12 Multiple-Family Residence 12
Flood zone
AH base flood elevation 10 ft
Lowest floor
11 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
No
Lot size
7,082 sf 0.16 acres
Ownership
Private owner

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

Off the water · last 5 years
AddressSoldPriceLot$/sq ftAway
713 NW 7 Ave
Vacant lot sale
Mar 2026$120K7,082 sf$1730 m
513 NW 6 Ave
Vacant lot sale
Jul 2023$220K10,660 sf$21162 m
721 NW 5 Ave
Bought for a new home · Infinity at Your Service
Aug 2023$135K4,318 sf$31205 m
861 NW 6 Ave
Bought for a new home · JR Developers
May 2023$98K7,079 sf$14206 m
700 NW 5 Ave
Bought for a new home · Turn Construction
Mar 2022$98K5,100 sf$19221 m
525 NW 8 Ave
Bought for a new home · Wright Now Construction
Oct 2023$132K6,131 sf$22245 m
709 NW 4 Ave
Vacant lot sale
May 2026$105K5,197 sf$20266 m
420 NW 6 Ave
Vacant lot sale
Jul 2024$65K7,082 sf$9274 m