NOT LISTED FOR SALE

1 Bay Colony Dr Fort Lauderdale, FL 33308

The Landings Neighborhood

Estimated Value: $5,394,000 - $9,410,284

7 Beds
11 Baths
11,810 Sq Ft
$627/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $7,300,000 $618 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $50,448/month

28 Days on Market

Highlights

  • 183 Feet of Waterfront
  • Boat Ramp
  • Home Theater
  • McNab Elementary School Rated A-
  • Property has ocean access
  • Free Form Pool

About This Home

As of February 2020

Gated & secured Bay Colony estate! This spectacular home encompasses +/- 12,000 sq. feet of living space. 5 min from intracoastal waterway. 183' of protected DEEP WATER dockage, Nautilus electric boat lift, newer concrete dock, NEW full home hospital generator(150 kw) and backup generator(85 kw). High ceilings throughout. Ground floor master w/ His & Her baths/huge closets. Remodeled kitchen w/ Viking range and Wolf double wall ovens & warmer, Sub Zero refrigeration. 5 car garage, private staff quarters w/ separate entrance, 2 offices, home theater, custom pool w/ NEW full screen enclosure, large attic & storage room, and beautiful landscaping! Continual upgrades & improvements will impress with this 1st class listing! This unique offering is pristine in every way & a pleasure to show!

Last Agent to Sell the Property

Janette Pearson

Woods & Associates Realty License #3425158 Listed on: 12/27/2019

Co-Listed By

Anne Woods

Woods & Associates Realty License #368136

Last Buyer's Agent

Janette Pearson

Woods & Associates Realty License #3425158 Listed on: 12/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,049

Year Built

  • Built in 1970

Lot Details

  • 0.7 Acre Lot
  • 183 Feet of Waterfront
  • Home fronts a canal
  • South Facing Home
  • Corner Lot
  • Oversized Lot
  • Sprinkler System
  • Property is zoned RS-4.4

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 11,810 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Open Floorplan
  • Home Theater
  • Den
  • Screened Porch
  • Utility Room
  • Canal Views
  • Attic

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Closet Cabinetry
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Impact Glass

Pool

  • Free Form Pool
  • Saltwater Pool
  • Screen Enclosure

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Patio
  • Outdoor Grill

Schools

  • Mcnab Elementary School
  • Pompano B.Middle School
  • Northeast High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494307080490

Community Details

Overview

  • Association fees include common areas, maintenance structure, security
  • Bay Colony Sec Of The Subdivision

Recreation

  • Boat Ramp
  • Boating

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,049

Year Built

Built in 1970

Lot Details

0

HOA Fees

$500 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Bayview Drive to Bay Colony Drive. Enter guard gate. First property on the left.
  • Year Built: 1970
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, High Ceilings, Kitchen/Dining Combo, Living/Dining Room, Main Level Master, Pantry, Sitting Area in Master, Bar, Attic, Elevator
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Other, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Marble, Wood
  • Living Area: 11810.0
  • Dining Room Type: Attic, Den, Family Room, In-Law Suite, Laundry, Media Room, Storage Room, Utility Room, Master Bedroom, Sitting Room
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Security/High Impact Doors, Lighting, Outdoor Grill, Patio, Storm/Security Shutters
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, Oversized Lot, Sprinklers Automatic
  • Pool Features: Free Form, In Ground, Other, Pool, Private, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Yes
  • Waterfront Features: Beach Access, Boat Ramp/Lift Access, Canal Front, Dock Access, No Fixed Bridges, Ocean Access, Water Access
  • Waterfront: Yes
  • Disclosures: Flood Plain Disclosure
  • Construction Type: Brick, Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Paver Block, Garage Door Opener

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Community Features: Boat Facilities, Home Owners Association
  • Senior Community: No
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Security

Schools

  • Elementary School: Mcnab
  • High School: Northeast
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel #: 494307080490
  • Lot Size Sq Ft: 30421.0
  • Zoning Description: RS-4.4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 65049.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Feb 24, 2020
Sold by
Richards R L and The I Lorraine Thomas 2000 Rev
Bought by
Mclaughlin Gregory A and The Bay Colony Drive Real Esta
Seller's Agent
Janette Pearson
Woods & Associates Realty
Buyer's Agent
Janette Pearson
Woods & Associates Realty
List Price
$7,900,000
Sold Price
$7,300,000
Premium/Discount to List
-$600,000
-7.59%
Current Estimated Value
$7,402,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,142
Avg. Annual Appreciation
0.25%
Original Mortgage
$5,325,000
Outstanding Balance
$4,670,176
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,731,966

Purchase Details

Closed on
Apr 26, 2002
Sold by
Thomas I Lorraine
Bought by
Thomas I Lorraine
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mclaughlin Gregory A $7,300,000 Attorney
Thomas I Lorraine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Gregory A $5,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $7,300,000 -7.6% $618 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $7,900,000 -- $669 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $128,436 $7,094,370 -- --
2024 $126,483 $6,894,440 -- --
2023 $126,483 $6,693,640 $0 $0
2022 $120,838 $6,498,680 $0 $0
2021 $117,071 $6,289,000 $0 $0
2020 $130,338 $6,996,210 $1,977,370 $5,018,840
2019 $67,956 $3,662,130 $0 $0
2018 $65,049 $3,593,850 $0 $0
2017 $64,817 $3,519,940 $0 $0
2016 $65,444 $3,447,550 $0 $0
2015 $66,843 $3,423,590 $0 $0
2014 $67,540 $3,396,420 $0 $0
2013 -- $4,981,170 $1,521,050 $3,460,120
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Janette Pearson

    Woods & Associates Realty

    (954) 881-9018

    3 Total Sales

    Janette Pearson
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Anne Woods

    Woods & Associates Realty

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10208716

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-07-08-0490

Florida Broward County Fort Lauderdale 33308 The Landings

1 Bay Colony Dr, Fort Lauderdale, FL

This home is located at 1 Bay Colony Dr, Fort Lauderdale, FL 33308 since 27 December 2019 and is currently estimated at $7,402,142, approximately $626 per square foot. This property was built in 1970. 1 Bay Colony Dr is a home located in Broward County with nearby schools including McNab Elementary School, Pompano Beach Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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