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71 Bay Colony Drive, Fort Lauderdale, FL 33308

$3,900,000

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Sold Price: $3,900,000
List Price: $4,500,000
Closing Date: Jul 24, 2026
MLS#: B26005686
Status: CLOSED
Type: Land

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Property 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.

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Additional Information

Days on Market: 110
Waterfront Description: Canal Front, Canal Width 81-120 Feet, Canal, Ocean Access
Tax Amount: $72,456
Water Access: Dock Available, Private Dock, Unrestricted Salt Water Access, Private Dock
Parcel Number: 494307080420
Front Exposure: Southeast
Association Fee: $1800
Address: 71 Bay Colony Drive, Fort Lauderdale
Development Name: Bay Colony
Development: Bay Colony