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41 S Compass Drive, Fort Lauderdale FL 33308

Custom renovated 4-bed, 4-bath single family home in secure gated community with deepwater dock in Fort Lauderdale.

$5,495,000

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MLS #F10476690

Listing Updated: 2026-07-11 06:40:11

Listed By: Douglas Elliman

Overview

This single-level residence at 41 S Compass Drive offers 4 bedrooms and 4 bathrooms across 3,497 sqft of thoughtfully renovated living space. Located in Fort Lauderdale's exclusive gated community with 24/7 armed security, the home features a modern open-concept layout with a chef’s kitchen, porcelain tile floors, and impact glass. The primary suite includes dual closets and a spa-style bathroom. Additional amenities include a 2-car garage, utility room with laundry, and a private pool with marble decking. The property boasts a 95-foot protected dock, perfect for boating enthusiasts. Recent upgrades include a metal roof, new electrical systems, air conditioning units, and a generator, ensuring comfort and reliability.

Property Highlights

Four bedrooms and four bathrooms, fully renovated in 2022, located in a secure gated deepwater community. Features include a chef's kitchen, private pool, 95-foot dock, and a two-car garage.

Property Details

City: Fort Lauderdale

State: FL

Zip Code: 33308

Address: 41 S Compass Drive, Fort Lauderdale FL 33308

Year Built: 2002

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: Douglas Elliman

County: Broward County

Garage Spaces: 2

Parking Features: 2 Or More Spaces, Driveway, Parking Garage, Paver Block

Interior Features: First Floor Entry, Cooking Island, Attic, Family Room, Utility Room/Laundry

Exterior Features: Barbeque

Waterfront: Yes

Pool: Yes

HOA Fee: $1,700

Annual Tax: $50,379

Days On Market: 549 Days

Original Listing 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 Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

41 S Compass Drive, Fort Lauderdale FL 33308

About This Neighborhood

Bay Colony is one of Fort Lauderdale’s premier neighborhoods, known for its exclusivity and security with 24/7 armed guard service. The community offers a peaceful, private atmosphere with limited residences, enhancing privacy. Its deepwater access and proximity to downtown Fort Lauderdale provide both tranquility and convenience. Residents enjoy easy access to waterfront dining, marinas, and recreational options, making it a sought-after location for those desiring a balanced urban and coastal lifestyle.

Walkability & Lifestyle

Residents enjoy a walkable environment with access to waterfront parks, dining, and shopping nearby. The community’s location allows for easy strolls to marinas and recreational areas. Local restaurants and cafes provide casual dining options within a short drive. The neighborhood balances serene residential streets with convenient access to urban amenities, supporting an active and comfortable lifestyle.

Things To Do Nearby

Bay Colony and the surrounding Fort Lauderdale area offer a variety of leisure activities including boating, fishing, and waterfront dining. Nearby beaches and parks provide outdoor recreation opportunities. The community’s dock access supports boating enthusiasts, while local golf courses and cultural attractions add to the lifestyle options. Residents can enjoy a blend of relaxation and entertainment close to home.

Nearby Schools

The property is conveniently located near several highly rated schools, including Pine Crest and other A-rated institutions. This accessibility makes it attractive for families prioritizing educational opportunities. The neighborhood’s quiet and secure environment complements the academic focus, providing a supportive setting for students. Easy commuting options to nearby schools add to the convenience for residents with children.

Why Buyers Like This Area

Buyers appreciate the combination of privacy, security, and waterfront living that this home offers. The gated community with 24/7 armed security provides peace of mind, while the recent renovations deliver modern comfort. The spacious layout with a private pool and dock suits families and boating enthusiasts alike. Proximity to quality schools and Fort Lauderdale’s amenities further enhances the appeal, making it a well-rounded choice for various lifestyles.

Investment Potential

This property’s location within a secure, gated community with deepwater access makes it appealing for buyers seeking a waterfront lifestyle. The recent comprehensive renovations enhance its desirability and usability. Its proximity to quality schools and amenities supports long-term appeal for homeowners and renters alike. The private dock and pool add unique lifestyle value, attracting tenants interested in boating and outdoor living. While market conditions vary, homes in this area generally maintain steady interest due to their exclusive setting and waterfront features.

Market Trends

The Fort Lauderdale real estate market remains active with consistent demand for waterfront and gated community homes. Properties with recent renovations and modern amenities tend to attract serious buyers quickly. Inventory in exclusive neighborhoods like Bay Colony is limited, contributing to sustained interest. Buyers prioritize homes offering lifestyle benefits such as private docks and pools, as well as proximity to schools and local services. Market trends indicate a preference for turnkey properties that combine security, location, and contemporary upgrades.

Rental Income Potential

Homes in gated waterfront communities like Bay Colony often attract tenants seeking privacy and premium amenities. The property's deepwater dock and pool enhance its rental appeal, especially during peak seasons. Proximity to schools and local attractions supports year-round tenant interest. While rental income can fluctuate, properties with recent renovations and desirable features tend to maintain strong occupancy. Prospective landlords should consider seasonal demand and property management needs when evaluating rental potential.