Home » Lauderdale By The Sea » 1940 E Terra Mar Dr, Lauderdale By The Sea, FL 33062 | F10479283

Residential For Sale 1940 E Terra Mar Dr, Pompano Beach, FL 33062

$2,500,000

Property Highlights

Listing ID F10479283 Status of this Listing: Active For Sale Property Type Land Residential Lot area 10,498 Sqft/975.30 m2 approx. Waterfront Time of this property on Rebonus 16 Day(s)

1940 E Terra Mar Dr, Lauderdale By The Sea, FL 33062

Property Description: 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.

Useful Info

Original List Price:$2,500,000

Land Lot (Parcel) Details

Number of Lots:1
Lot Size Acres:0.24
Lot Features:
  • < 1/4 Acre
  • Other
  • City Lot
Lot Size Unit:Square Feet

Construction

Frontage Type:
  • Waterfront

Property Features

View from the Property:
  • Canal
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Beach Access
  • Seawall
  • Dock Access
  • No Fixed Bridges
  • Water Access
Frontage Length:125
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$6,436

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee 2nd HOA:$75

Terms

Documents Available:
  • Aerial
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Road Surface Type:
  • Paved
Subdivision Name:Terra Mar Island Estates
Senior Community:No
Development Name:Terra Mar Island Est
Development Status:
  • Site Plan Filed

Parking

Covered Spaces:0

Utilities

Utilities Available:
  • Cable Available
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
  • Trash Collection
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10479283
Ref1102459313
Water Access Description:Private Dock,Unrestricted Salt Water Access

Zoning and Legal

Tax Legal Description:TERRA MAR ISLAND ESTATES 29-12 B LOT 2 BLK 1
Real Estate Folio Number (Parcel Number):494306200020
Zoning Description:RS-5
Public Survey Township:4943
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:January 8, 2025 10:13 am
On Market Date:January 7, 2025
Listing Contract Date:January 7, 2025
Activation Date:January 15, 2025
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 15, 2025 12:30 am
Status Last Changed:January 15, 2025 12:30 am
Photos Last Modified:January 20, 2025 4:05 pm
Last Modified:January 20, 2025 7:30 pm
Days on the Market Reference Date:January 20, 2025
Days on the Market (updated on Last Modified*):5
Cumulative Days on the Market (updated on Last Modified**):5

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:28
Location:City Location,Other Location,
Included:,,
Geographical Area:North Broward Ocean To Intracoastal (3111-3121)
Area:3121
Automated Valuation Display:Yes
Courtesy of:Berkshire Hathaway FL Realty
Universal Property Id:US-12011-N-494306200020-R-N

Location

Show Property Address:Yes
Street Name:Terra Mar Dr
Street Number:1940
Street Direction Prefix:E
Street Address:1940 E Terra Mar Dr
City : Lauderdale By The Sea
State : Florida
Zip Code : 33062
County : Broward
Full Address:1940 E Terra Mar Dr, Lauderdale By The Sea, FL 33062
Latitude:N26° 12' 56.8''
Longitude:W81° 54' 21.6''

Neighborhood

Postal City:Lauderdale By The Sea

Property Map