BAY COLONY SECTION OF THE,Bay Colony Residence

71 Bay Colony Drive, Fort Lauderdale FL 33308

4 beds · 5 baths · 4,878 ft²

Closed

$4,500,000

6.05%

Est. Payment $23,951/mo

MLS Sheet Video

4

Bedrooms

5

Bathrooms

4,878

Sq. Ft.

1969

Year Built

2

Garage

2

Stories

86

Days on Market

Description

A rare opportunity to acquire a premier waterfront development site in the prestigious guard-gated community of Bay Colony. 71 Bay Colony Drive is ideally suited for a builder, investor, or end-user looking to create a custom luxury estate with a clear advantage. Architectural plans are almost fully approved, a new seawall is in place, and demolition permits are secured saving significant time, reducing carrying costs, and accelerating the path to construction. Positioned along a desirable stretch of waterfront with attractive views, this lot offers the perfect setting for a trophy-caliber residence. With limited inventory and strong demand for new construction, this is a compelling opportunity in one of Fort Lauderdale's most exclusive enclaves.

Facts

MLS#
B26016894
Subdivision
BAY COLONY SECTION OF THE,Bay Colony Residence
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1969
Lot Size
13,939 ft²
Sq. Ft.
4,878 ft²
Sq. Mt.
453 m²
Price per sq. ft.
$923/ft²
Price per sq. mt.
$9,934/m²
Stories
2
Garage
2 spaces
Pool
Private
Days on Market
86 days
Listed
Apr 17, 2026
Last Updated
Aug 21, 2026
Price/Lot Sq.Ft.
$323/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100
Buyers marketSellers market

41

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/21/2026Sold$4,500,000
6/7/2026Price change$4,500,000-6.1%
4/17/2026Listed for sale$4,790,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

71 Bay Colony Drive, Fort Lauderdale FL 33308Directions

Estimated Monthly Payment

$27,851/mo

Principal & Interest

$23,951

Property Tax

$3,750

Insurance

$150

HOA

$0

20% ($900,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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