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Fort Lauderdale Home in Bay Colony for $3,400,000

Bay Colony: 230 Compass Rd - Fort Lauderdale, FL 33308

ID#: F871387 - 230 Compass Rd
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Buy This Home For:
$3,400,000 or
$14,167* per month
Bedrooms: 0
Bathrooms: 0.00
Square Feet: N/A
0 Votes

ID#: F871387

Will Build to suit... this is a magnificent lot in gated Bay Colony close to Pine Crest School and Las Olas. 240 feet of total waterfront with 120 feet of direct Intracoastal Waterfront and 120 feet of deep water ocean access canal waterfront. This is the only available Intracoastal Waterfront available to build on in Bay Colony. Agent has survey, ariel photo's and plans for new home. The house next door is also for sale and combined gives 240 feet of Intracoastal and 240 feet of canal for megayacht.


Buy This Home For As Low As $14,167/mo.* - Lowest Mortgage Rates Guaranteed

30 Year
Fixed		 40 Year
Option ARM		 5 Year
Interest Only		 30/10
Interest Only		 Mortgage Calculator
$15,873 /mo. $4,434 /mo. $12,750 /mo. $14,166 /mo.
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Total Number of Homes in Bay Colony:
11 Homes For Sale Starting at $1,799,900.
- 10 Homes with 3 or More Bedrooms
Pets Allowed: Yes

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Property Description
Waterfront: Canal Front, Canal Width 81-120 Feet, Intracoastal Front, No Fixed Bridges

Interior Features
Floor: Other
Interior Features: Other
Equipment/Appliances Included: Other

Room Description
Additional Rooms: Other

Exterior Description
Construction Type: Other
Exterior Features: Other

Utilities
Heat: None
Cool: No Cooling

Days On Market: 404
Current List Price: $3,400,000
Initial List Price: $3,999,999 (17.6% Reduction)

11/17/08 - Price Reduced to $3,999,000
08/22/09 - Price Reduced to $3,400,000
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This listing is courtesy of: Blake Shaw & Company
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* The following information is provided by The Home Loan Store, which offers this product on behalf of an investor who funds and closes such loans: The monthly payment is based on the following sample transaction. A loan amount based on the offered purchase price (as noted above) with a 30-year term (360 monthly payments), a down payment of 20%, and an initial interest rate of 6.250%. The payment for the first ten (10) years after consummation is for Interest Only, the payments for the remaining twenty (20) years include Principal and Interest. The monthly payment is the initial minimum monthly payment required based on the initial interest rate. Rates and terms are subject to change and the advertised rate may not be available at commitment or closing. Applicants must satisfy the loan program criteria, and not all applicants will qualify. Expert Realty does not make or broker mortgage loans. All inquiries regarding mortgage financing should be made to The Home Loan Store. Monthly Mortgage Payments are calculated based on a down payment of 20% and the following mortgage rates: 30 Year Fixed (5.750%), 5 Year ARM (5.625%), 5 Year Interest-Only (5.625%), 10 Year Interest-Only (6.125%), 30/10 Year Interest-Only (6.250%), 15 Year Fixed (5.250%), 40 Year Option ARM (0.163%)