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1940 E Terra Mar Dr

Lauderdale By The Sea, FL 33062

2 beds
2 baths
1,932 sqft
10,498 sqft lot
$1,293 per sqft
1953 build
– on site

BRING ALL OFFERS! Unique Opportunity to live in the most desirable Island in Broward County. Over 125 feet on water with enormous potential to match some of the upscale homes in the area. Single-family home built in 1953, featuring 2 bedrooms and 2 bathrooms, totaling 1,932 square feet. Terra Mar is an exclusive island community comprising approximately 185 homes, surrounded by the Intracoastal Waterway & accessible via a private bridge & gate. Residents enjoy a serene environment with direct ocean access & no fixed bridges, making it a boater's paradise. The neighborhood offers a private deeded beach club equipped with a cabana, showers, grills, and picnic areas, enhancing the resort-style living experience. Lauderdale-by-the-Sea is renowned for its charm that appeals residents & visitors

Listing courtesy of GFLR / Berkshire Hathaway FL Realty

Last checked: Checking… • Last updated Jan 20, 2025 •

MLS# F10481989 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1953
Year Built Description:

Resale
Construction Type:

Cbs Construction
Style:

WF/Ocean Access
Design Description:

One Story, Ranch
Roof Description:

Flat Tile Roof
Front Exposure:

North East
Exterior Features:

Deck, Fence, Room For Pool

Interior

Interior Features:

First Floor Entry, Fireplace-Decorative
Rooms Description:

Florida Room, Storage Room, Utility Room/Laundry
Dining Description:

Formal Dining, Kitchen Dining, Snack Bar/Counter
Floor Description:

Terrazzo Floors, Tile Floors
Window Treatments:

Jalousie
Additional Furnished Info:

Furniture Negotiable

Room Dimensions

SqFt Living Room Area:

1,932 Sqft

Financial & Terms

Terms Considered:

Cash, Conventional

Location

Directions:

FL-A1A / S Ocean Blvd , Turn right onto Terra Mar Dr, Turn left onto E Terra Mar Dr, Arrive at E Terra Mar Dr on the left.

The Property

Type of Property:

Single
Property Type:

Single Family
Property SqFt:

10,498 Sqft
Parcel Number:

494306200020
Lot SqFt:

10,498 Sqft
Lot Description:

Less Than 1/4 Acre Lot
Zoning:

RS-5
Geographic Area:

North Broward Ocean To Intracoastal (3111-3121)
View:

Canal, Garden View, Water View
Waterfront Property:

Yes
Waterfront Frontage:

125
Waterfront Description:

Canal Width 1-80 Feet, No Fixed Bridges, Ocean Access

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Amount:

$6,436
Tax Information:

Tax Reflects Homestead Tax

Beds

Total Bedrooms:

2
Bedroom Description:

Master Bedroom Ground Level
Main Level Bedrooms:

2

Baths

Full Baths:

2
Main Level Baths:

2
Master Bath Description:

Combination Tub & Shower

The Listing

Virtual Tour
Special Information:

As Is
Auction:

No

Heating & Cooling

Cooling Description:

Central Cooling, Electric Cooling
Heating Description:

Central Heat, Electric Heat

Utilities

Water Description:

Municipal Water
Sewer Description:

Municipal Sewer
Internet:

Yes
Cable Available:

Yes

Appliances

Equipment Appliances:

Dishwasher, Dryer, Refrigerator, Washer

Schools

Elementary School:

Mcnab
Middle School:

Pompano Beach
Senior High School:

Blanche Ely

The Community

Subdivision Name:

Terra Mar Island Estates
Subdivision Information:

Beach Club Member Available
Subdivision Complex Bldg:

Terra Mar Island Estates
Gated Community:

Yes
Development Name:

Terra Mar Island Est
Water Access:

Dock Available, Private Dock, Unrestricted Salt Water Access
Pool:

No
Pets Allowed:

Yes
Pet Restrictions:

No Restrictions
Restrictions:

No Restrictions
Type of Association:

Homeowners
Association Fee:

$75
Association Fee Paid:

Yearly

Parking

# of Carport Spaces:

2
Parking Description:

Driveway

Extra Units

Guest House:

No

Monthly cost estimate

Asking price

$2,500,000

Expense	Monthly cost
Mortgage	$13,386
Taxes	N/A
Insurance	$687
HOA fees	$6
Utilities	$166 See report
Total	$14,245/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
1/20/25 Jan 20, 2025	Listed / Active	GFLR	$2,500,000

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This house located in Beach, Lauderdale-by-the-Sea, FL 33062 is currently for sale for $2,500,000. 1940 E Terra Mar Dr is a 1,932 square foot house with 2 beds and 2 baths that has been on Estately for 1 days. 1940 E Terra Mar Dr is in the Beach neighborhood of Lauderdale-by-the-Sea and has a WalkScore® of 20, making it car-dependent.

Listing Courtesy of: GFLR and Berkshire Hathaway FL Realty.

Based on information from the GFLR 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. GFLR, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GFLR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.