by RH Advisors

Check Availability
$10,777,000
House - For Sale

2 COMPASS LN

Fort Lauderdale, FL 33308
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5170 Sqft
$56,599
Estimated Monthly
$667
HOA / Fees
0.26%
Cap Rate

About This Property

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!
Unit Size
5,170Ft²
Days on Market
93 days
Land Size
-
Price per sqft
$2,085
Property Type
House
Property Taxes
$3,015
HOA Dues
$667
Year Built
1969
Listed By
Last updated: 4 months ago (Beaches MLS #F10420957)

Price History

Date / Event Date Event Price
Jan 29, 2024 Listed by O'Hare Realty Inc $10,777,000
Listed by O'Hare Realty Inc
Dec 14, 2023 No longer available -
No longer available
Nov 5, 2023 Price Increased $10,777,000
↑ $2M (22.8%)
Price Increased
Nov 3, 2023 Price Increased $8,777,000
↑ $1M (12.9%)
Price Increased
Jan 24, 2016 Listed by O'Hare Realty Inc $7,777,000
Listed by O'Hare Realty Inc
BAY COLONY: GORGEOUS 2-STORY STATELY COLONIAL SHOWCASE PROPERTY ON SCENIC POINT LOT (180 ') TOTALLY UPDATED TO PERFECTION. INCREDIBLE WATER VIEWS FROM ALMOST EVERY ROOM. UPSTAIRS MASTER SUITE WITH BALCONY OVERLOOKS POOL AND SCENIC WATERWAY. CREATIVE TERMS AVAILABLE! OWNER WILL FINANCE OR CONSIDER TRADE FOR AN UPDATED WATERFRONT PROPERTY.

Property Highlights

Fireplace
Parking Details
Has Garage
Garage Features: Attached
Parking Features: Circular Drive, Pavers
Garage: 2 Spaces
Interior Details

Bathroom Information

Full Bathrooms: 5
Half Bathrooms: 1
Main Level Bathrooms: 5

Interior Information

Interior Features: First Floor Entry, Bar, Built-Ins, Exclusions, Fireplace, French Doors, Walk-In Closets
Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer Hook-Up
Flooring Type: Marble Floors
Dining Room: Breakfast Area, Eat-In Kitchen, Formal Dining

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: unknown
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,514
  • Lot Size Frontage Feet: 1,179
  • Total Building Area: 6,162
  • Gross Building Area: 6,162
  • Building Area: 4,877
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,877
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BAY COLONY SECTION OF THE
  • Land Acres: 0.31
  • Legal Description 1: BAY COLONY SECTION OF THE LANDINGS 62-34 B LOT 100

Ownership

  • Current Owner : OHARE VIRGINIA
  • Previous Owner : LEDWIDGE THOMAS B
  • Previous Owner 2: LEDWIDGE SANCI
  • Owner Before Previous Owner: DECRESCENZO PETER
  • Owner Before Previous Owner 2: DECRESCENZO RITA
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 040204

Zoning

  • Zoning: RS-4.4

Geography

  • District: 0311
  • Parcel: 49-43-07-08-1000
  • Lot: 100
  • Meridian: SEC 07 TWN 49S RNG 43E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.2067
  • Longitude: -80.103

    Address

  • Full Address: 2 Compass Ln
  • Address - House Number: 2
  • Address - Street Name: Compass
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C009
  • 4-Digit Zip Code: 2010
  • Zip Code: 33308

Valuation

    Tax

  • Total Area: 5,170
  • Tax Year: 2023
  • Tax Amount: $38,922
  • Tax Rate Code Area: 0311

    Appraisal Valuation

  • Standard Deviation: 0.3781
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 24
  • Final Value: 3,365,691
  • High Value: 4,638,379
  • Low Value: 2,093,002

    Market Valuation

  • Market Total Value: $3,202,910
  • Market Land Value: $1,081,120
  • Market Improvement Value: $2,121,790

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,132,730

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2014
  • Current Sale Recording Date: Mar 06, 2014
  • Current Sale Transaction ID: 1091777310
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 112142682
  • Previous Sale Recording Date: May 26, 2006
  • Previous Sale Contract Date: May 15, 2006
  • Previous Sale Amount: $2,325,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: STATE FARM BANK FSB
  • Previous Mortgage Transaction Date: May 26, 2006
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jun 01, 2036

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
8 Baths
11,300 ft²
$702/ft²
$7,934,458 Aug 24, 2023
$7,934,458 Jan 2, 2024
$7,644/mo
House
4 Beds
6 Baths
5,086 ft²
$1,883/ft²
$9,575,000 Dec 8, 2023
-
$5,641/mo
House
5 Beds
7 Baths
6,218 ft²
$1,761/ft²
$10,950,000 Jan 19, 2024
-
$5,311/mo

About North Fort Lauderdale


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Frequently Asked Questions

When was property at 2 Compass Lane built and last sold?
The property at 2 Compass Lane was built in 1969 and last sold on Feb 26, 2014 for $2,200,000.
How much is this home worth?
The estimated value of the home located at 2 Compass Lane is $10,468,599.
What are some comparable homes to 2 Compass Lane?
Homes that are comparable to 2 Compass Lane include a house property at 41 Compass Lane, 1902 Waters Edge, 4031 Northeast 25th Avenue.

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