Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$1.62–1.84MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 20,250 sq ft.
Land price per sq ft, sized to this lot
$0$73$146
Sized to this lot, nearby land sales point to about $85 per sq ft.
Does it pencil?
Build-and-sell pro formaSupports a land price up to$701Kto build and sell a 5,000 sq ft home here at a 15% margin.
Doesn’t pencilAt $1.72M for the land:Loss $735K · −26.4%Needs $848/sq ft to hit 15% · assumed $556
Land $1.72MBuild $1.2MSoft costs $120KCarry $307KSelling $167KLoss $735KSale $2.78M
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
- X
- Lowest floor
- —
- Waterfront
- No
- Lot size
- 20,250 sf 0.46 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 |
|---|---|---|---|---|---|
| 830 NE 16 Ave Bought for a new home | Sep 2023 | $833K | 6,750 sf | $123 | 29 m |
| 828 NE 15 Ave Bought for a new home · Lerman Construction | May 2026 | $2.17M | 20,250 sf | $107 | 74 m |
| 1500 NE 8 St Bought for a new home · Cabrera Consulting and Investment | Jan 2024 | $1.26M | 14,661 sf | $86 | 108 m |
| 740 NE 15 Ave Bought for a new home · Cabrera Consulting and Investment | Jan 2024 | $442K | 6,375 sf | $69 | 133 m |
| 1642 NE 8 St Bought for a new home · Steel Builders Group | Sep 2025 | $835K | 6,584 sf | $127 | 225 m |
| 640 NE 15 Ave Bought for a new home | Jan 2026 | $1.14M | 9,075 sf | $125 | 328 m |
| 1722 NE 8 St Bought for a new home · C Craig Edewaard | Jul 2022 | $900K | 10,271 sf | $88 | 339 m |
| 623 NE 16 Ter Bought for a new home · Better Renovation | Jan 2024 | $890K | 8,588 sf | $104 | 406 m |