50 N Compass Drive, Fort Lauderdale, FL 33308

$1,500,000
Property Type: Residential Bedrooms: 5 Baths: 8 Square Footage: 5,636 Status: Closed
Current Price: $1,500,000 List Date: 11/09/2014 Last Modified: 7/10/2026

Overview

Description

Bank Owned Foreclosure located in Bay Colony, Ft. Lauderdale's only guarded deep water island community with private streets. Property has some updates to kitchen and flooring, needs new roof and other repairs. Great water views from every angle of the property. Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America.

Listing Details MLS# R10078847

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
8
Bathrooms Full
5
Bathrooms Half
3
Building Area Main
5636
Building Area Source
Public Records
Living Area Main
4737
Year Built
1968
Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Lot Size Area
15000
Lot Size Acres
0.34
Frontage Length
100
Senior Community YN
No
Waterfront YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
West
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished
LP/Assessed Value
1.2

Property Features

Electric: Three Phase Flooring: Carpet; Marble Parking Features: Garage Special Listing Conditions: Real Estate Owned Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Electric Interior Features: Bedroom Layout - Split; Roman Tub Laundry Features: Inside Listing Terms: Cash Pets Allowed YN: Yes Possession: Negotiable Restrictions: Buyer Approval Required Road Frontage Type: East of US-1 Tax Information: County Only Water Access: Ocean Access Waterfront Features: Intracoastal Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Contingencies: None Room Types: Den; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1872000

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
Street Number
50
Street Direction Prefix
N
Street Name
Compass
Street Suffix
Drive
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33308
Postal Zip
33308
Subdivision Name
Bay Colony Sec Of The Landings
Area
3240
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Special Assessment YN
No
Parcel Number
494307080700
Zoning
RESI
Directions
Commercial Boulevard to Federal Highway go North to Bayview Drive to Bay Colony Guard House

Financial Information

Association YN
Yes
Association Fee
500
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
26379.07
Tax Year
2013
Tax Assessed/SOH Value
1287970
Tax Legal Description
BAY COLONY SECTION OF THE LANDINGS 62-34 B LOT 70,70A

Status Change Information

Major Change Timestamp
2015-01-27T15:27:55Z
Major Change Type
Status Change
Price Change Timestamp
2014-12-30T01:04:20Z
Status Change Date
2015-01-27
Under Contract Date
2015-01-08
Close Date
2015-01-23
Close Price
1500000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Pool Size Details

Pool Size (WxL)
30 X 15

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
316.65
Original List Price To Close Price
1.24

Originating Details

Originating System Key
20141008121511731084000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Living Room 28.00 24.00 First Upgraded tile, spacious
Kitchen 20.00 16.00 First All Upgraded, granite
Master Bedroom 22.00 16.00 First LARGE AND BRIGHT
Laundry
Den
IDX
Listing Office: Real Estate Asset Disp Corp.
Source MLS Verified
Last Updated: July - 10 - 2026
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