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$5,000,000

  • For Sale
  • Active
  • Vacant Land
  • 0.32 Acres
  • Updated 5 days ago
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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 completed and 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.

Full Property Details for 71 Bay Colony Dr

General

  • Price: $5,000,000
  • HOA FEE: $600/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $72,456 (2025)
  • Status: Active
  • Type: Vacant Land
  • Source: Regional
  • MLS ID: B26005686
  • Updated: 3/26/2026
  • Added to Site: 8 day(s) ago

Additional Information

  • Shared Amenities: Maintenance, Security
  • Security/Safety: Gated Community

Location

  • County: Broward
  • Subdivision: Bay Colony
  • Direction Faces: Southeast

School Information

  • Elementary School: McNab
  • Middle School: Pompano Beach
  • High School: Northeast

Community

  • Community Name: 3240
  • Association: Yes
  • Assoc. Name: Bay Colony
  • Assoc. Fees Include: Common Areas, Maintenance Structure, Security

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Other, Sewer Available, Water Connected

Structural Information

  • Current Bldg. Use: Residential, Single Family

Lot Features

  • Property View: Canal, Water
  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 13,899
  • Frontage: Private Road, Paved
  • Irrigation System: Municipal
  • Lot Features: Flood Zone, 1/4 to 1/2 Acre Lot, Subdivision
  • Development Status: See Remarks
  • Potential Use: Development, Investment, Residential, Single Family
  • Zoning: RS-4.4

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Canal Access, Canal Front, No Fixed Bridges, Ocean Access
  • Water Front View: Canal Access, Canal Front, No Fixed Bridges, Ocean Access

Financial Considerations

  • Association Fee: $1,800
  • Assoc Fee Freq.: Quarterly
  • Assessment Amount: $3,550,360
  • Tax Amount: $72,456.06
  • Tax Year: 2025
  • Terms: Cash, Conventional, Other

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Building Plans, Environmental Study, Other, Permits, Soil Test, Survey
  • Legal Description: BAY COLONY SECTION OF THE LANDINGS 62-34 B LOT 42
  • Property ID: 494307080420
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 71 Bay Colony Dr —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 71 Bay Colony Dr

School District:Broward County School District
NameGradesDistance
Mcnab Elementary School
1350 Southeast 9th Avenue, Pompano Beach, FL 33060
K-50.8 mi
Pompano Beach Middle School
310 Northeast 6th Street, Pompano Beach, FL 33060
6-82.5 mi
Northeast High School, Oakland Park, FL
700 Ne 56th St, Oakland Park, FL 33334
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 71 Bay Colony Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Listed
$5,000,000
212.5%
MLS
2/04/2020
Sold
$1,600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 71 Bay Colony Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$64,857
—
$4,435,880
15%
2024
$64,857
16%
$3,849,620
31%
2023
$56,136
94%
$2,934,190
93%
2021
$28,913
-25%
$1,520,000
-45%
2022
$38,338
33%
$2,750,180
148%
2021
$28,913
9197%
$1,110,140
2%
2019
$311
21%
$1,085,190
2%
2018
$256
—
$1,064,960
2%
2017
$256
—
$1,043,060
2%
2016
$256
14%
$1,021,610
1%
2015
$225
—
$1,014,510
1%
2014
$225
—
$1,006,460
1%
2013
$225
—
$991,590
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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71 Bay Colony Drive, Fort Lauderdale, FL 33308 (MLS# B26005686) is a Vacant Land property with a lot size of 0.32 acres. 71 Bay Colony Drive is currently listed for $5,000,000 and was received on March 23, 2026. This property is listed by Gilles Rais Fine Homes Team from our Fort Lauderdale Las Olas & the Beaches Office.Want to learn more about 71 Bay Colony Drive? Do you have questions about finding other Vacant Land real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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