Vacant lot

727 SW 1 St

Sailboat BendFort Lauderdale7,420 sq ft lot (0.17 acres)Zoned RMM-25
Aerial of 727 SW 1 St, 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
$59–453KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,420 sq ft.
Land price per sq ft, sized to this lot
$0$49$98

Sized to this lot, nearby land sales point to about $49 per sq ft. This parcel last sold for $55K in Aug 1999.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$293Kto build and sell a 3,050 sq ft home here at a 15% margin.
TightAt $364K for the land:Profit $146K · 9.7%Needs $526/sq ft to hit 15% · assumed $493
Land $364KBuild $732KSoft costs $73KCarry $99KSelling $90KProfit $146KSale $1.5M
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
RMM-25 Residential Multifamily Mid Rise/ Medium High 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
7,420 sf 0.17 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

Off the water · last 5 years
AddressSoldPriceLot$/sq ftAway
734 SW 2 Ct
Vacant lot sale
Apr 2023$378K5,750 sf$66233 m
115 NW 9 Ave
Vacant lot sale
Apr 2022$40K4,000 sf$10314 m
216 NW 8 Ave
Vacant lot sale
Nov 2023$813K4,875 sf$167369 m
811 SW 4 Pl
Bought for a new home
Oct 2024$595K7,650 sf$78536 m
1214 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8697 m
1216 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8712 m
500 NW 9 Ave
Vacant lot sale
Aug 2024$1.52M9,563 sf$159718 m
1219 NW 2 St
Bought for a new home · Deangelo Development
Apr 2022$48K6,000 sf$8729 m