Bay Colony Homes for Sale

Bay Colony is a residential community in Fort Lauderdale, Florida.

Pure Equity Realty covers Bay Colony and the Fort Lauderdale area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 3 Bay Colony Fort Lauderdale homes for sale as of September 2026. The median asking price is $10.8M. Asking prices run from $5.5M to $13.5M.

That is 1452% above the Fort Lauderdale median of $694,000. On a per-foot basis, homes here ask about $1,890 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 5,700 square feet of living area.

Listings here have averaged 479 days on the market. That is slower than the Fort Lauderdale average of 145 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Bay Colony date from 1970 to 2002. That puts them between 24 and 56 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Bay Colony price means in Florida closing terms. At $10.8M, a 20% down payment comes to about $2.16M, leaving a loan near $8.62M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $30,176. Next, the intangible tax of 0.2% adds about $17,243. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Bay Colony median, that is about $75,439.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.