1940 E Terra Mar Dr
Lauderdale By The Sea, FL 33062
- – beds
- – baths
- – sqft
- 10,498 sqft lot
- – on site
BRING ALL OFFERS! Presenting this UNIQUE OPPORTUNITY to Build on this expansive lot size & prime waterfront location, ample room for redevelopment into a luxurious custom residence in the highly coveted Terra Mar neighborhood of Lauderdale-by-the-Sea, a prestigious & sought-after community. Waterfront: Direct access with 125 feet of water frontage, ideal for boating enthusiasts. Existing Structure: A single-family home built in 1953, featuring 2 Bed 2 baths, totaling 1,932 square feet Development Potential: Residents enjoy a serene environment w/ direct ocean access & no fixed bridges, making it a boater's paradise. The neighborhood offers a private deeded beach club with a cabana, showers, grills, & picnic areas, enhancing the resort-style living experience. Limited Inventory in the area.
Last checked:
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Last updated Apr 17, 2025
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MLS# F10479283 —
This property is listed in more than one place. See it here.
The Building
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Building Includes:Livable, Run Down
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Front Exposure:South East
Financial & Terms
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Terms Considered:Cash
The Property
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Type of Property:Residential
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Style of Property:Zoned Residential
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Property Type:Residential Land/Boat Docks
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Property SqFt:10,498 Sqft
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Location:City Location, Other Location
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# of Parcels:1
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Parcel Number:494306200020
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Total Acres:0.2400
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Approx Lot Size:10,498 Sqft
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Lot SqFt:10,498 Sqft
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Lot Description:Less Than 1/4 Acre Lot
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Zoning:RS-5
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Geographic Area:North Broward Ocean To Intracoastal (3111-3121)
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Surface Description:Paved Road
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Development:Recorded Plat
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Type of Trees:Partial Tree Coverage
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Type of Soil:Dirt
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Usage Description:Other Usage
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Waterview:Canal View
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Waterfront Property:Yes
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Waterfront Frontage:125
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Waterfront Description:No Fixed Bridges, Ocean Access, Seawall
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Boat Dock Accommodates:More Than 100+ Foot Boat
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Miscellaneous Improvements:Street Lights
Listing Agent
- Contact info:
- Agent phone:
- (954) 775-7538
- Office phone:
- (954) 449-2700
Taxes
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Tax Year:2023
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Tax Amount:$6,436
The Listing
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Available Documents:Aerial Photo
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Special Information:Homestead Exemption, Potential Tear Down, Sell Complete Parcel
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Auction:No
Utilities
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Utilities Available:Cable Tv, Electric, Gas, Sewer, Trash Removal, Water
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On Site Utilities:Cable Tv, Electric, Gas, Irrigation Water, Sewer, Water
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Water Description:Municipal Water
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Internet:Yes
The Community
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Subdivision Name:Terra Mar Island Estates
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Subdivision Complex Bldg:Terra Mar Island Estates
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Development Name:Terra Mar Island Est
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Water Access:Private Dock, Unrestricted Salt Water Access
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Maintenance Charge Month:$75
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Fee Description:Yearly
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/25
Apr 17, 2025
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Price Changed | GFLR | $2,395,000 | -4.2% |
1/14/25
Jan 14, 2025
|
Listed / Active | GFLR | $2,500,000 | |
1/8/25
Jan 8, 2025
|
Delisted / Withdrawn | GFLR | $2,500,000 |