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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 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

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: By The Sea Realty, Inc.
Last Updated: January - 24 - 2026
40 Compass Isle, Fort Lauderdale, FL 33308- MLS# F10389553
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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