2 Compass Ln

Bay Colony · Fort Lauderdale, FL4 BD · 6 BA · 5,170 SQ FT · 221 FT WATER FRONTAGE
$10,777,000FOR SALEBUILT 1970
221 ft water frontage
76 ft wide canal with 22 ft of reach for dock and boat
153 ft wide canal
Turns a 30 ft boat without backing out
44 minutes to ocean (4.3 nm)

This home vs. Bay Colony

Asking sq ft1.1× the median · This home $2,085 vs median $1,890
Asking waterfront ft16% under · This home $48,765 vs median $57,842
Water frontage2.1× the median · This home 221 ft vs median 105 ft
Canal width32% under · This home 76 ft vs median 111 ft
Run to the oceanabout the median · This home 44 min vs median 45 min
Max boat length1.4× the median · This home 115 ft vs median 85 ft
Home sizeabout the median · This home 5,170 sq ft vs median 5,170 sq ft
Age of home5 yrs older · This home 56 yrs vs median 51 yrs
Days on market933 days more · This home 999 days vs median 66 days
This homeMedian of 3 for sale
Market pulse

Across the 15 neighborhoods with listings it is a buyer's market right now: about 9.4 mo of homes for sale at the pace of the last 12 months, a median 78 days to sell, and sellers getting 92% of their last asking price. Bay Colony has had 4 sales in 12 months, too few to call on its own.

Sun exposure

9h 20m of direct sun in Summer

6:35 AM to 1:25 PM and 5:45 PM to 8:15 PM·North & East water side·Morning and afternoon light on the dock, shaded in between

87° HIGHEST
12 AM6 AM12 PM6 PM12 AM
Direct sunIndirect sunNight

Located inside Bay Colony

A gated waterfront enclave with oversized lots, broad water exposure, and a quieter feel than the flashier names nearby. Bay Colony stays a favorite for buyers who want privacy, security, and room for a real boat.The neighborhood today102WATERFRONT HOMES3FOR SALE4SOLD IN 12 MONTHS$6.26MMEDIAN SALE · 12 MONTHS223 daysMEDIAN TIME TO SELL3 homes for sale

What this water allows

Boat setback10 ft each side
Dockable lengthsthe water edge less the setbacks118 ft · 82 ft
Reach across the canal30% of 76 ft, dock and boat together · for the 118 ft dockable length22 ft
Depthno public survey we can rely onNot stated

We measure each of this lot’s two water edges separately, then take 10 ft off each end that meets a neighbor — where two of its edges meet at a corner, nothing comes off — the boat setback that applies here, which is what leaves dockable lengths of 118 ft and 82 ft. Width is the other limit: a dock and the boat tied to it may together reach 30% of the way across, so on this 76 ft canal nothing may extend more than 22 ft from your property line. Depth is the one limit we don’t state: no public survey covers these canals at a resolution we can rely on.

Limits from ULDR 47‑19.3(h) (where a moored boat may lie) and Code 8‑91(e) (how far it may reach).

FROM THE LISTING

Exciting new listing IN the upscale bay colony community offers this rare two-story georgian-style colonial residence on a private corner lot with scenic 180' waterfront views. This lushly landscapted point lot has incredible views from every room. Brand new dock around the point lot, a boater's paradise. This equisitely designed home is decorated to perfection and possesses charming and exquisite details throughout. The master suite covers the whole 2ND floor with his and her master bathrooms. French doors open onto a balcony with breathtaking infinity views of the waterway. A rare find with tropical live oak trees surrounding the entire community of ultra upscale homes. Once inside this meticulously designed residence, you'll neverf want to leave!

Water & dockage

Water frontage1.3× the median of all Bay Colony waterfront homes·221 ft
Lot depth112 ft
Max boat length115 ft · 82 ft
Reach across the canal22 ft on the canal · 45 ft on the canal
Water at property76 ft canal · 153 ft canal
Boat setback10 ft each side

Route to the ocean

InletHillsboro Inlet
Distance4.3 nm
Run to the oceanabout typical for Bay Colony·44 min at about 6 knplus bridge waits
3 drawbridges on the wayEast Atlantic Boulevard·15 ft clearance when closedNortheast 14th Street Causeway·15 ft clearance when closedNorth Ocean Boulevard·10 ft clearance when closed
Lowest clearance10 ft

The home

Bedrooms4
Bathrooms6
Interior5,170 sq ft
Year built1970

Price & taxes

Asking$10,777,000
Price / sq ft$2,085
Price / ft frontage$48,765

History

Days on market999 days
Last sale$2,200,000 · Feb 2014
MLS# F10420957 · BeachesMLS · Listed by Virginia M O'Hare, O'Hare Realty Inc
MEASURED BY BIMIO FROM PUBLIC RECORDS — VERIFY INDEPENDENTLY

Get the full read

  • Seawall condition and permit history
  • The dock: shore power and amperage, water, pilings, lift capacity
  • Seller's motivation and flexibility on price
  • Neighborhood and street assessment

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