$4,495,000
$255K PRICE DROP

Estimated payment $28,000/month

Total Views 3,116
0.29 Acre
$15,500,000 Price per Acre
12,632 Sq Ft Lot

Highlights

  • 100 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • McNab Elementary School Rated A-
  • Gated Community

About This Lot

An extraordinary opportunity awaits on prestigious Compass Isle within Bay Colony, one of Fort Lauderdale’s most exclusive gated enclaves. This expansive waterfront parcel, offering 100 feet of deep-water frontage, provides the ideal canvas to realize a world-class estate tailored to your vision. Architectural plans are already available for a striking modern residence, presenting a seamless path to create an extraordinary home that harmonizes luxury, privacy, and timeless design. With its coveted location, unrivaled prestige, and limited availability, 40 Compass Isle represents a rare chance to secure one of the city’s most distinguished addresses.

Listing Agent

Gilles Rais

Coldwell Banker Realty License #3100259 Listed on: 09/19/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,995

Lot Details

  • 0.29 Acre Lot
  • 100 Feet of Waterfront
  • North Facing Home
  • Site Plan Filed
  • Property is zoned RS-4.4

Additional Features

  • Canal Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494307080580

Community Details

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access

Additional Features

  • Bay Colony Subdivision
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$51,995

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour

Exterior Features

  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Flood Plain Disclosure
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association #2 Fee: 600.0

Lot Info

  • Parcel #: 494307080580
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.29
  • Lot Size: 0.29 Acres
  • Lot Size Sq Ft: 12500.0
  • Number Of Lots: 1
  • Zoning Description: RS-4.4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 51995.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

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 $51,995 $3,028,830 $812,500 $1,940,990
2024 $46,121 $2,753,490 $812,500 $1,940,990
2023 $46,121 $2,245,610 $0 $0
2022 $41,597 $2,041,470 $0 $0
2021 $40,705 $2,076,720 $0 $0
2020 $40,637 $2,160,160 $812,500 $1,347,660
2019 $39,471 $2,095,980 $812,500 $1,283,480
2018 $37,292 $2,046,210 $812,500 $1,233,710
2017 $34,685 $1,838,060 $0 $0
2016 $33,634 $1,670,970 $0 $0
2015 $31,710 $1,519,070 $0 $0
2014 $29,946 $1,380,980 $0 $0
2013 -- $1,327,680 $625,000 $702,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Price Changed $4,495,000 -5.4% $1,067 / Sq Ft
09/29/2025 09/29/25 For Sale $4,750,000 -29.6% $1,128 / Sq Ft
11/14/2023 11/14/23 Sold $6,750,000 -12.3% $1,603 / Sq Ft View Prior Sale
09/18/2023 09/18/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $7,698,000 -2.5% $1,828 / Sq Ft
07/13/2023 07/13/23 For Sale $7,898,000 -- $1,875 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,750,000 Sunbelt Title
Warranty Deed $5,200,000 Quaker Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $4,597,500 Construction
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10527532

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-07-08-0580