41 S Compass Drive, Fort Lauderdale FL 33308 | Broward County | F10476690
- $5,495,000
- $5,495,000
Description
Located in Fort Lauderdale’s premier 24/7 armed security guard-gated deepwater community. Move-in ready & furnished for quick closing. Custom island-inspired single level residence. 2022 total renovation shows as NEW: metal roof, plumbing to street, all new electrical, air conditioners, tankless water heater & generator. Latest open concept living, great room, Chef’s kitchen, porcelain tile floors, new impact glass & interior doors. Private Primary Suite, dual closets, new modern spa style bath, enclosed water closet, soaking tub & floating vanities. Split floorplan: 2 secondary bedroom suites, office (4th bed), cabana bath, air-conditioned garage. Most rooms access pool & wide-open radius turning basin views, 95ft protected dockage. Perfectly located for Pine Crest & other A rated schools Bay Colony features full time (24/7) armed security with only one guard house and access point. There are only 108 residences in Bay Colony as of this listing.2022 Custom Renovation (in addition to the above) includes:-Interior:* Large format porcelain tiles matching throughout the residence.* Mud-room/utility room with double LG washer and dryer systems and refrigerator, plus folding area and ample storage closets, desk area.* High-end plumbing features throughout include Porcelanosa and Toto* New interior doors & baseboards* Entirely new electrical service and custom lighting throughout the residence.* All new bathrooms with floating vanities and LED Mirrors.* Primary Suite: Separate custom closets, large spa style bathroom with enclosed water-closet, large shower and soaking tub. Window to exterior for natural light. Floating Italian style vanities with LED Mirrors & make-up area. Sliders to the pool area.* Entirely separate wing for the two secondary suites (both with new custom bathrooms) and home office (potential 4th bedroom). New cabana bathroom with exterior door to pool area.* Side access oversized air-conditioned garage with epoxy floors and large windows provide natural light. Currently doubles as gym.* Water softener* Tankless water heaterExterior:* Two Carrier Air Conditioners – 5 and 2 ton.* Circular driveway includes side access garage with parking for at least 6 cars on the side plus the circular driveway. All new pavers in the front and side pathways. New double entry front doors.* Fenced and gated rear backyard.* Fully renovated pool with marble pool decking and large covered terrace provides for outside dining and lounging.* Marble decking surrounds the entire pool area with large sunning area and separate area for firepit and grilling.* New docking with lighting and electrical service (boat lift excluded)* Professional landscaping throughout the entire property.24 KW Generator* New sea wall cap and dock
Property Overview
This is a 4-bedroom, 4-bath home of about 3497 square feet at 41 S Compass Drive, Fort Lauderdale FL 33308 (Fort Lauderdale 33308), listed at $5,495,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $567.
The tax of record is $50,379 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $115,400/yr (≈ $9,617/mo); with the homestead exemption on a primary residence, about $114,340/yr (≈ $9,528/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The home at 41 S Compass Drive is listed at $5,495,000. While the MLS record does not explicitly state whether the property is furnished, fixtures and built-in appliances typically convey with the home—always confirm specifics during due diligence. This residence includes a private pool, and the community offers a boat dock and security patrol, though shared amenities are governed by the HOA.
To verify what conveys and explore this waterfront opportunity, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor, for precise details tailored to your needs.
Where exactly is it, and what should I know about the location?
41 S Compass Drive is located in Fort Lauderdale 33308, positioned along the sought-after coastal corridor just minutes from the Intracoastal and pristine beaches. This prime location offers effortless access to high-end dining, marinas, and cultural attractions while maintaining a serene residential atmosphere. For the latest insights on market dynamics or to schedule a private tour, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor, directly.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for 41 S Compass Drive is $567, which includes maintenance and security services as confirmed by the community's records. This gated waterfront community adheres to Fort Lauderdale city ordinances, which you can review here. For precise details on how these fees apply to this property, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor, who can clarify all association obligations before you proceed.
What are the property taxes and homestead implications?
The current tax of record for 41 S Compass Drive is $50,379 (2024). As an estimate only — Florida reassesses upon sale — at the $5,495,000 list price and Broward’s approximate 2.1% rate, annual property taxes would be roughly $115,400 (≈ $9,617/month) without homestead. If this becomes your primary residence, Florida’s homestead exemption lowers the taxable value, reducing the estimate to about $114,340/yr (≈ $9,528/month). These are estimates, not quotes; always confirm with the Broward Property Appraiser and a tax professional. For precise figures tailored to your situation, contact Christopher Lazaro, Fort Lauderdale Real Estate Advisor.
Is the home in a flood zone, and what does that mean?
41 S Compass Drive is in a FEMA-designated flood zone, which determines flood risk and insurance requirements. Flood zones like AE or VE indicate high-risk coastal areas, while X zones are lower risk—FEMA’s definitions clarify these categories, and you can View the FEMA flood map for this address to confirm specifics. Lenders often mandate flood insurance in high-risk zones, so let’s discuss how this impacts your investment—reach out to Christopher Lazaro, Fort Lauderdale Real Estate Advisor, for precise verification and next steps.
Are pets allowed?
As a single-family home at 41 S Compass Drive, the pet policy is entirely at the owner's discretion—no condo or HOA restrictions apply, though local ordinances or lease terms may shape guidelines. Documented service animals and emotional support animals are protected under federal law. For precise details on current allowances, connect with Christopher Lazaro, Fort Lauderdale Real Estate Advisor.
How is the price set and is there room to negotiate?
In Fort Lauderdale's current market, Broward single-family homes are closing at 96% of original list price, averaging 35 days to contract (MIAMI REALTORS®, May 2026). For 41 S Compass Drive, we anchored the $5,495,000 list price to a comparative market analysis (CMA) of recent sales in this coveted waterfront enclave—where demand often outpaces inventory. Before drafting an offer, I’ll provide a hyperlocal Fort Lauderdale CMA to ensure your strategy aligns with the neighborhood’s trajectory. Let’s discuss your goals—Christopher Lazaro, Fort Lauderdale Real Estate Advisor, is ready to verify the data and guide your next move.
What financing step do you recommend before touring?
Before touring 41 S Compass Drive, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Officer. This ensures you’re positioned to act swiftly on this $5,495,000 waterfront property, and it clarifies your budget upfront. For personalized guidance or to verify financing options, reach out to Christopher Lazaro, Fort Lauderdale Real Estate Advisor—he’ll connect you with trusted professionals and streamline your search.
Monthly Fees & Carrying Costs
| Association Fee | $1,700 / quarter ($567/mo) |
| Total Monthly Fees | $567 / month |
- Membership Required: No
Have a question about this Fort Lauderdale listing?
Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Compass
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City: Fort Lauderdale
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Zip/Postal Code: 33308
Details
Updated on July 6, 2026 at 2:40 am-
Property ID F10476690
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Price $5,495,000
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Property Size 3497 Sq Ft
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Bedrooms 4
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Rooms 3
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Bathrooms 4
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Year Built 2002
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Property Status Active, Residential
Additional details
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Flooring Carpet, Marble
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Waterfront Features Ocean Access
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Bedroom Features At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
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Cooling Ceiling Fan(s), Central Air
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Building BAY COLONY
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Association Fee Frequency Quarterly
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Area Bay Colony
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Annual Tax 50379
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Maintenance Fee Paid Per Quarterly
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Association No
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Private Pool Yes
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Listing Terms All Cash
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Waterfront Yes
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Full Bathrooms 4
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Subdivision BAY COLONY
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Total Stories 1
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Restrictions Ok To Lease With Res, No Daily Rentals
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Maintenance Includes Maintenance Incl Security
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Amenities Boat Dock, Private Pool, Security Patrol
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Parking 2 Or More Spaces, Driveway, Parking Garage, Paver Block
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Heating Central
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Structure Type House
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Tax Year 2024
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Construction Concrete Block Construction
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Covered Spaces 2
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View Canal, Pool, Canal View
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Year Built Details Resale
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Inclusions Deeded Dock,Dock Available, Dock Available
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Half Bathrooms 0
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New Construction No
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Garage Spaces 2
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Association Fee 1700
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Lot Size (Sq Ft) 12968
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Membership Purchase Required No
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