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
Overview
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
Listing Details MLS# F10389553
General Property Information
- Property Sub Type
- Unimproved Land
- Number Of Lots
- 2
- Lot Size Acres
- 0.57
- Lot Size Square Feet
- 12500
- Lot Size Dimensions
- 25295
- Additional Parcels Description
- 494307080590
- Waterfront YN
- Yes
- Water Frontage Feet
- 214
- Direction Faces
- Northeast
- LP/Assessed Value
- 3.04
- LP/SqFt
- 615.84
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
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2023-07-12
- Original List Price
- 7898000
- LP/Acre
- 13505263.16
Location and Legal
- Country
- United States
- County Or Parish
- Broward
- County Parish Name
- Broward
- Street Number
- 40
- Street Name
- Compass
- Street Suffix
- Isle
- City Name
- Fort Lauderdale
- State Or Province
- FL
- Postal Code
- 33308
- Postal Zip
- 33308
- Subdivision Name
- Bay Colony
- Area
- 3240
- Geographic Area
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
- Parcel Number
- 494307080580
- Zoning
- RS-4.4
- Directions
- From Commercial Blvd and Bayview head North on Bayview to Bay Colony gate on your right.
Financial Information
- Association YN
- Yes
- Association Fee
- 2000
- Tax Year
- 2022
- Tax Annual Amount
- 64614
- Tax Assessed/SOH Value
- 2529520
- Tax Legal Description
- BAY COLONY SECTION OF THE LANDINGS 62-34 B LOT 58
- Assessor Market Value
- 2529520
Status Change Information
- 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
- Buyer Financing
- Cash
- SP/Acre
- 11842105.26
More Information
Short Sale Details
- Short Sale Addendum
- No
Boat and Dock Information
- Dock
- Yes
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
Office/Member Information
- DXORIGMLSID
- FLL
Current Use
- Residential
- Yes
- Single Family
- Yes
- Unimproved
- Yes
- Other
- Yes
Development Status
- Recorded Plat
- Yes
Possession
- Negotiable
- Yes
Possible Use
- Residential
- Yes
- Single Family
- Yes
Trees
- Other
- Yes
Water Access
- Fixed Bridge
- Yes
Water View
- Canal
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Waterfront Features
- Canal Front
- Yes
Boat and Dock Features
- Private Dock
- Yes
Showing Requirements
- Showing Service
- Yes
Canal Width
- Canal Width 81-120 Feet
- Yes
Contingencies
- None
- Yes
Listing Office:
Bob Hodges And Sons Realty
Last Updated: January - 24 - 2026
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