Vacant lot

804 NW 3 St

Historical Dorsey-RiverbendFort Lauderdale15,000 sq ft lot (0.34 acres)Zoned RMM-25
Aerial of 804 NW 3 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
$435–690KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 15,000 sq ft.
Land price per sq ft, sized to this lot
$0$37$74

Sized to this lot, nearby land sales point to about $40 per sq ft. This parcel last sold for $150K in Feb 2017 ($10 per sq ft, the pink dot).

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 $208. Enter the build cost per sq ft you expect below to see what the land supports.
Land $600KBuild $527KSoft costs $53KCarry $115KSelling $31KLoss $815KSale $510K
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
15,000 sf 0.34 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
216 NW 8 Ave
Vacant lot sale
Nov 2023$813K4,875 sf$16756 m
115 NW 9 Ave
Vacant lot sale
Apr 2022$40K4,000 sf$10181 m
500 NW 9 Ave
Vacant lot sale
Aug 2024$1.52M9,563 sf$159355 m
506 NW 9 Ave
Vacant lot sale
Aug 2023$275K6,375 sf$43374 m
510 NW 9 Ave
Vacant lot sale
Aug 2023$350K6,375 sf$55389 m
519 NW 7 Ter
Vacant lot sale
Jul 2023$340K6,750 sf$50411 m
528 NW 8 Ave
Vacant lot sale
Aug 2023$250K6,750 sf$37452 m
530 NW 9 Ave
Vacant lot sale
Jan 2024$325K6,375 sf$51457 m