40 Compass Isle, Fort Lauderdale, FL 33308
$6,750,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
12,500
Status:
Closed
Current Price:
$6,750,000
List Date:
7/12/2023
Last Modified:
1/24/2026
Description
This property currently has a 4200sf house on the lot. Combine this lot with the lot nextdoor to have over 25,000sf with approximately 214ft of waterfront in exclusive Bay Colony. 2 separate folio numbers. Same owner. Build your mansion and dock you mega yacht! Minutes to Fort Lauderdale and Lauderdale By The Sea beaches and Las Olas. Guard gated community with security patrol. Incredible opportunity! See separate listing for house and lot: F10386120 and F10386309
More Information MLS# F10389553
Contract Information
Comp Sale YN: No
LP/Acre: 13505263.16
Listing Contract Date: 2023-07-12
Status: Closed
Original List Price: 7898000
Sold Price: $6,750,000
Current Price: $6,750,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33308
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Country: United States
Street Number: 40
Street Name: Compass
Street Suffix: Isle
State Or Province: FL
Postal Code: 33308
Subdivision Name: Bay Colony
Area: 3240
Parcel Number: 494307080580
Zoning: RS-4.4
Directions: From Commercial Blvd and Bayview head North on Bayview to Bay Colony gate on your right.
General Property Information
Number Of Lots: 2
Lot Size Dimensions: 25295
Water Frontage Feet: 214
LP/Assessed Value: 3.04
LP/SqFt: 615.84
Property Sub Type: Unimproved Land
Lot Size Acres: 0.57
Lot Size Square Feet: 12500
Additional Parcels Description: 494307080590
Waterfront YN: 1
Direction Faces: Northeast
Financial Information
Master Association Fee: 2000
Tax Assessed/SOH Value: 2529520
Assessor Market Value: 2529520
Association YN: 1
Association Fee: 2000
Tax Year: 2022
Tax Annual Amount: 64614
Tax Legal Description: BAY COLONY SECTION OF THE LANDINGS 62-34 B LOT 58
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
SP/Acre: 11842105.26
Major Change Timestamp: 2023-11-14T20:41:01Z
Major Change Type: Status Change
Price Change Timestamp: 2023-08-09T12:55:38Z
Status Change Date: 2023-11-20
Under Contract Date: 2023-09-04
Close Date: 2023-11-14
Close Price: 6750000
Short Sale Details
Short Sale Addendum: No
Current Use
Residential: 1
Single Family: 1
Unimproved: 1
Other: 1
Development Status
Recorded Plat: 1
Possession
Negotiable: 1
Possible Use
Residential: 1
Single Family: 1
Trees
Other: 1
Water Access
Fixed Bridge: 1
Water View
Canal: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
Canal Front: 1
Boat and Dock Information
Dock: Yes
Boat and Dock Features
Private Dock: 1
Showing Requirements
Showing Service: 1
Canal Width
Canal Width 81-120 Feet: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Price Calculations
Original List Price To Close Price: 0.85
Section Details
Parcel Number MLX: 0580
Originating Details
Originating System Key: 568975082
Originating System ID: M00000170
Property Features
Current Use: Residential; Single Family; Unimproved; Other
Development Status: Recorded Plat
Possession: Negotiable
Possible Use: Residential; Single Family
Trees: Other
Boat and Dock Features: Private Dock
Listing Terms: Cash; Conventional
Water Access: Fixed Bridge
Water View: Canal
Waterfront Features: Canal Front
Canal Width: Canal Width 81-120 Feet
Showing Requirements: Showing Service
Contingencies: None
Listing Office:
Bob Hodges And Sons Realty
Last Updated: January - 24 - 2026
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