Vacant lot
828 NW 4 St
Aerial from January 2026, the newest available. The pink line is the surveyed parcel boundary.
What it’s worth as land
From recorded sales$114–315KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 5,437 sq ft.
Land price per sq ft, sized to this lot
$0$46$93
Sized to this lot, nearby land sales point to about $53 per sq ft.
Does it pencil?
Build-and-sell pro formaLeft 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 $288KBuild $484KSoft costs $48KCarry $71KSelling $28KLoss $452KSale $468K
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
- 5,437 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 |
|---|---|---|---|---|---|
| 216 NW 8 Ave Vacant lot sale | Nov 2023 | $813K | 4,875 sf | $167 | 158 m |
| 115 NW 9 Ave Vacant lot sale | Apr 2022 | $40K | 4,000 sf | $10 | 231 m |
| 500 NW 9 Ave Vacant lot sale | Aug 2024 | $1.52M | 9,563 sf | $159 | 247 m |
| 506 NW 9 Ave Vacant lot sale | Aug 2023 | $275K | 6,375 sf | $43 | 266 m |
| 510 NW 9 Ave Vacant lot sale | Aug 2023 | $350K | 6,375 sf | $55 | 282 m |
| 519 NW 7 Ter Vacant lot sale | Jul 2023 | $340K | 6,750 sf | $50 | 337 m |
| 530 NW 9 Ave Vacant lot sale | Jan 2024 | $325K | 6,375 sf | $51 | 350 m |
| 534 NW 9 Ave Vacant lot sale | Dec 2023 | $375K | 6,375 sf | $59 | 365 m |