Vacant lot

838 SW 16 St

Croissant ParkFort Lauderdale7,953 sq ft lot (0.18 acres)Zoned RD-15

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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

$366–541KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 7,953 sq ft.

Land price per sq ft, sized to this lot

$0$54$109

Sized to this lot, nearby land sales point to about $53 per sq ft. This parcel last sold for $490K in Jul 2023 ($62 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma

Supports a land price up to$236Kto build and sell a 3,400 sq ft home here at a 15% margin.

TightAt $422K for the land:Profit $4K · 0.3%Needs $496/sq ft to hit 15% · assumed $418

Land $422KBuild $731KSoft costs $73KCarry $106KSelling $85KProfit $4KSale $1.42M

Land price$Midpoint of nearby land sales, adjusted for lot sizeHome sizesq ftsized like 10 new homes on similar lots nearby, capped at the upper range of new homes nearbySale price per sq ft$8 nearest new homes soldBuild cost per sq ft$Builder grade 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: RD-15 Residential Single Family and Duplex/Medium Density
Flood zone: AE base flood elevation 5 ft
Lowest floor: 6 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront: No
Lot size: 7,953 sf 0.18 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
828 SW 16 St Bought for a new home · SDG Services	Aug 2022	$420K	7,951 sf	$53	36 m
615 SW 16 St Bought for a new home	Jul 2023	$538K	6,771 sf	$79	289 m
516 SW 16 Ct Bought for a new home · NDL Design Build	May 2023	$500K	8,100 sf	$62	399 m
515 SW 18 St Bought for a new home · Brandcon	Jul 2026	$515K	6,750 sf	$76	467 m
1119 SW 18 St Bought for a new home · Rock Solid Home Builders	Feb 2022	$313K	6,248 sf	$50	506 m
1121 SW 18 St Bought for a new home · Rock Solid Home Builders	Feb 2022	$307K	6,119 sf	$50	519 m
1220 SW 17 St Bought for a new home · Balsamo Builders	Jun 2023	$740K	12,358 sf	$60	592 m
513 SW 13 St Bought for a new home · Brandcon	Jul 2025	$520K	6,820 sf	$76	617 m

Interested in this lot?

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New homes in Croissant Park

Rising

Broward Co. 2026 · 26.1058° N 80.1487° W

513 SW 13 St

Croissant ParkBrandcon

Likely price$1.85–2.6M

Complete

Broward Co. 2026 · 26.1007° N 80.1487° W

516 SW 16 Ct

Croissant ParkNDL Design Build

Declared permit value$546K

All new homes in Croissant Park →

Record

Parcel folio: 504215350090
Assessed land value: $318K
Typical build here: 24.4 months permit to certificate of occupancy, homes off the water, Fort Lauderdale

Report a correction · Estimates are not appraisals.