Bay Colony Homes for Sale

Bay Colony is a luxury gated, waterfront, luxury community in Fort Lauderdale, Broward County, Florida. Properties are priced from $5,500,000 to $10,800,000. Pure Equity lists homes in Bay Colony and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

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 October 2026. The median asking price is $1.1M. Asking prices run from $1.1M to $1.41M.

That is 58% above the Fort Lauderdale median of $695,000. On a per-foot basis, homes here ask about $663 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 1,650 square feet of living area.

Listings here have averaged 432 days on the market. That is slower than the Fort Lauderdale average of 144 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Bay Colony is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Bay Colony includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Bay Colony is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $1.1M, Bay Colony sits in the luxury tier of Fort Lauderdale. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Bay Colony have a median asking rent of $15,000 per month, across 1 active rental listing. For comparison, the Fort Lauderdale median is $2,700, so rents here run 456% higher.

You can browse current Fort Lauderdale rentals or ask us for a rent estimate on a specific Bay Colony home.

Here is what the median Bay Colony price means in Florida closing terms. At $1.1M, a 20% down payment comes to about $220,000, leaving a loan near $880,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,080. Next, the intangible tax of 0.2% adds about $1,760. 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 $7,700.

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.