Unimproved Land in 71 Bay Colony Drive, Fort Lauderdale, FL 33308 for sale with MLS# B26005686

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.

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71 Bay Colony Drive, Fort Lauderdale, FL 33308

Price
Price:
$4,790,000.00
Original List Price:
$5,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$344.63
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
April 17, 2026 3:04 pm
Measures
Lot Area:
13,899 Sqft
Lot Size Unit:
Acres
Lot Size Acres:
0.32
Number of Lots:
1
Property Features
View from the Property:
Water, Canal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Canal Front, No Fixed Bridge, Canal Width 81–120 Feet
Frontage Length:
80
Current Use:
Residential
Boat and Dock Features:
Private Dock
Property Entrance Faces:
Southeast
Construction
Road Frontage Type:
Private Road
Possible Use:
Investment, Residential, Single Family, Development
Taxes and Expenses
Tax Annual Amount:
$72,456.06
Tax Year:
2025
Tax Assessed Value:
$3,550,360.00
Association Fee:
$1,800.00
Association Fee Frequency:
Quarterly
Property Tax Details:
No Homestead
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Sewer Available, Other, Electricity Connected, Water Connected
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Information:
1-2 Weeks Approval
Association Type:
Homeowner Association
Amenities Provided by the Homeowner's Association (HOA):
Security, Maintained Community
Subdivision Name:
Bay Colony
Association Fee Includes:
Security, Maintenance Structure, Common Areas
Association Name:
Bay Colony
Senior Community:
No
Development Name:
Bay Colony
Development Status:
See Remarks
Community Dock
Terms
Documents Available:
Other, Survey, Building Plan, Engineering Study, Plans, Soil Boring Test, Building Permit
Listing Terms Considered by Seller:
Cash, Conventional, Other
Buyer Possession:
Before Closing
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
BAY COLONY SECTION OF THE LANDINGS 62-34 B LOT 42
Real Estate Folio Number (Parcel Number):
494307080420
Zoning:
RS-4.4
Public Schools Assigned
Elementary School:
Eagle Point
High School:
Northeast
Middle Or Junior School:
Pompano Beach
Listing History
Active on the market since:
March 23, 2026
Listing Agreement executed on:
March 19, 2026
Price change occurred on:
April 17, 2026 3:04 pm
Listing Status Last Changed On:
March 23, 2026 4:42 pm
Photos updated on:
March 23, 2026 4:42 pm
Last Modified:
April 17, 2026 3:04 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Bay Colony
Street Number:
71
City:
Fort Lauderdale
State:
Florida
Zip Code:
33308
County:
Broward
Latitude:
N26° 12' 12.7''
Longitude:
W81° 53' 48.4''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $83,413
Median Home Value $536,900
Median Rent $1,850/mo
Median Age 57
Population 27,261

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