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$14,977,700

Beds
7
Baths
8.5
sq ft
12,696

11 Bay Colony Ln, Fort Lauderdale, FL 33308

11 Bay Colony Ln

Fort Lauderdale, FL 33308

  • 93 days on market
Experience the Ultimate in Waterfront LuxuryDiscover the epitome of opulent living in this extraordinary waterfront estate in Bay Colony, one of Fort Lauderdale's most prestigious and exclusive neighborhoods. This armed guard-gated community offers 24-hour security and is renowned as a ''Boater's Paradise'' with deep, wide waterways ideal for large yachts, no fixed bridges, and direct ocean access.This rare gem in Bay Colony spans a sprawling 1/2 acre lot, featuring 12,600 sq ft of luxurious living space. With 197 ft of deep-water dockage, 7 spacious bedrooms (each with ensuite baths), and 8 1/2 baths, this estate offers unparalleled comfort and style.Grand Spaces for Exceptional Living

Details

Property type

Single Family Residence

Est. home value

$5,508,462

Lot size

0.5 acres

Price per sq ft

$1,180

Year built

1990

Annual property taxes

$68,390

Monthly HOA fee

$667

Price History

07/18/2024
Beaches

Beaches #R11005571

Listed
$14,977,700
+340.52%
08/12/2019
SEF

SEF #A10459898

Sold
$3,400,000

Schools & Community

Neighborhood: 

Bay Colony

Elementary school: 

Mcnab

Middle school: 

Pompano B.Middle

High school: 

Northeast

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Grove Bank & Trust

Loan start date

April 2022

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Credit Line (Revolving), 25 year

Seller

John E Durante and Diane Durante

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/19/2024 at 12:30 AM

Listing updated: 09/30/2024 at 5:23 PM

Listed by: Barbara Lofaro, Signature Int'l Premier Properties Phone #: (561) 404-8850

MLS: Beaches #R11005571

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