Vacant lot

841 NE 16 Ave

Victoria ParkFort Lauderdale6,750 sq ft lot (0.15 acres)Zoned RMM-25
Aerial of 841 NE 16 Ave, 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
$749–851KMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 6,750 sq ft.
Land price per sq ft, sized to this lot
$0$101$202

Sized to this lot, nearby land sales point to about $118 per sq ft. This parcel last sold for $525K in Apr 2005.

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$625Kto build and sell a 4,550 sq ft home here at a 15% margin.
TightAt $797K for the land:Profit $183K · 7.3%Needs $606/sq ft to hit 15% · assumed $552
Land $797KBuild $1.09MSoft costs $109KCarry $180KSelling $151KProfit $183KSale $2.51M
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
6,750 sf 0.15 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
828 NE 15 Ave
Bought for a new home · Lerman Construction
May 2026$2.17M20,250 sf$10744 m
830 NE 16 Ave
Bought for a new home
Sep 2023$833K6,750 sf$123106 m
1500 NE 8 St
Bought for a new home · Cabrera Consulting and Investment
Jan 2024$1.26M14,661 sf$86182 m
740 NE 15 Ave
Bought for a new home · Cabrera Consulting and Investment
Jan 2024$442K6,375 sf$69208 m
1642 NE 8 St
Bought for a new home · Steel Builders Group
Sep 2025$835K6,584 sf$127267 m
1722 NE 8 St
Bought for a new home · C Craig Edewaard
Jul 2022$900K10,271 sf$88369 m
640 NE 15 Ave
Bought for a new home
Jan 2026$1.14M9,075 sf$125404 m
728 NE 17 Ter
Bought for a new home · SDG Services
Aug 2024$850K7,562 sf$112447 m