Vacant lot

808 NW 1 Ave

Progresso VillageFort Lauderdale5,063 sq ft lot (0.12 acres)Zoned NWRAC-MUne

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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

$223–365KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 5,063 sq ft.

Land price per sq ft, sized to this lot

$0$58$115

Sized to this lot, nearby land sales point to about $55 per sq ft. This parcel last sold for $11K in Mar 1989.

Does it pencil?

Build-and-sell pro forma

Supports a land price up to$418Kto build and sell a 2,650 sq ft home here at a 15% margin.

PencilsAt $278K for the land:Profit $388K · 25.2%Needs $506/sq ft to hit 15% · assumed $581

Land $278KBuild $636KSoft costs $64KCarry $81KSelling $92KProfit $388KSale $1.54M

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: NWRAC-MUne North West Regional Activity Center-Mixed Use northeast
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: 5,063 sf 0.12 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

Address	Sold	Price	Lot	$/sq ft	Away
811 NW 1 Ave Vacant lot sale	Mar 2024	$728K	13,500 sf	$54	57 m
819 NW 2 Ave Vacant lot sale	Nov 2025	$500K	6,750 sf	$74	152 m
624 NW 4 Ave Vacant lot sale	Apr 2023	$1.04M	6,750 sf	$154	429 m
1035 NW 1 Ave Vacant lot sale	Mar 2022	$255K	6,748 sf	$38	502 m
201 NW 11 St #A-B Vacant lot sale	Oct 2023	$545K	10,122 sf	$54	595 m
1201 NE 1 Ave Vacant lot sale	Aug 2022	$400K	10,142 sf	$39	783 m
714 NE 7 Ave Bought for a new home · H18 Construction	Jul 2025	$715K	6,750 sf	$106	904 m
1235 NW 2 Ave Bought for a new home · Michael Salus Construction	Dec 2022	$310K	6,750 sf	$46	910 m

Interested in this lot?

A licensed agent who works land and new construction will check whether it can be bought, what it would take to build, and who builds nearby.

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New homes in Progresso Village

Rising

Broward Co. 2026 · 26.1317° N 80.1476° W

706 NW 4 Ave

Progresso VillageDeangelo Development

Declared permit value$218K

Rising

Broward Co. 2026 · 26.1337° N 80.1482° W

815 NW 4 Ave

Progresso VillageLerock Construction

Declared permit value$250K

All new homes in Progresso Village →

Record

Parcel folio: 494234063120
Assessed land value: $177K
Typical build here: 24.4 months permit to certificate of occupancy, homes off the water, Fort Lauderdale

Report a correction · Estimates are not appraisals.