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Sold for $3,500,000
  • $3,500,000

    1981 W Terra Mar Dr, Lauderdale By The Sea, FL 33062

    3beds
    3,257sqft
    Single Family Residence
    Built in 1954
    0.26 Acres Lot
    $3,560,600 Zestimate®
    $1,075/sqft
    $7,653 Estimated rent

    Home value

    $3,560,600

    $3.20M - $3.95M

    $7,653/mo

    Zestimate® history
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    What's special

    Welcome to your private paradise! Unparalleled 250+ ft. of waterfront on this unique point lot. Nestled within the gated Terra Mar Island, it includes private beach access through El Mar Beach Club. Step inside this beautiful home featuring captivating water views from the moment you enter. The incredibly spacious gourmet kitchen sets the stage for culinary delights. Enjoy unique dining experiences in the dining room, crafted by a master carpenter and breathtaking Intracoastal views. Upstairs, indulge in the large master suite with a private balcony overlooking the waterway, next to your office/loft space. Boating enthusiasts will appreciate the boat lift. This is your opportunity to embrace the epitome of waterfront luxury living. Short distance to restaurants, cafes and so much more.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jose Fernandez 305-761-0801,

    Keller Williams Realty SW,

    Paula Flores 305-213-7356,

    Keller Williams Miami Beach Realty

    Bought with:

    Liana Verkaden, 3063815

    Douglas Elliman (Palm Beach)

    Source: MIAMI,MLS#: A11607544MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Den/Library/Office, Family Room, Loft
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Kitchen Island, Entrance Foyer, 3 Bedroom Split, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Windows: Drapes, Impact Glass
    Interior area
    • Total structure area: 3,257
    • Total interior livable area: 3,257 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached Carport, Circular Driveway, Driveway
    • Attached garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry,Foyer
    • Patio & porch: Patio
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Above Ground
    • Has spa: Yes
    • Fencing: Fenced
    • Has view: Yes
    • View description: Intracoastal View, Water
    • Has water view: Yes
    • Water view: Intracoastal View,Water
    • Waterfront features: Ocean Access, Intracoastal Front, No Fixed Bridges, Point Lot, WF/Pool/Ocean Access
    • Frontage length: 253
    Lot
    • Size: 0.26 Acres
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 494306200130
    • Zoning: RS-4

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Metal
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Beach Club Member Available, Boating, Gated
    • Subdivision: Terra Mar Island Estates,Terra Mar Island Est
    HOA
    • Has HOA: Yes
    • HOA fee: $150 annually
    Location
    • Region: Lauderdale By The Sea

    Financial & listing details

    • Price per square foot: $1,075/sqft
    • Tax assessed value: $3,141,900
    • Annual tax amount: $41,204
    • Date on market: 6/15/2024
    • Listing terms: All Cash,Conventional
    • Inclusions: Boat Hoists/Davits, Hoist/Davit

    Price history

    DateEventPrice
    6/4/2025Listing removed--
    Source: BeachesMLS Report a problem
    7/19/2024Sold$3,500,000-9.1%$1,075/sqft
    Source: MIAMI #A11607544 Report a problem
    7/1/2024Pending sale$3,849,000$1,182/sqft
    Source: MIAMI #A11607544 Report a problem
    6/15/2024Listed for sale$3,849,000+62.1%$1,182/sqft
    Source: MIAMI #A11607544 Report a problem
    1/8/2021Sold$2,375,000-11.9%$729/sqft
    Source: BeachesMLS #F10220814 Report a problem
    12/24/2020Pending sale$2,697,000$828/sqft
    Source: BeachesMLS #F10220814 Report a problem
    7/22/2020Price change$2,697,000-2.8%$828/sqft
    Source: Florida Luxurious Properties #F10220814 Report a problem
    3/9/2020Listed for sale$2,775,000+42.3%$852/sqft
    Source: Florida Luxurious Properties #F10220814 Report a problem
    8/24/2005Sold$1,950,000+19400%$599/sqft
    Source: Public Record Report a problem
    4/1/1993Sold$10,000$3/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$56,487 +25.7%$3,141,900 +28.4%
    2024$44,953 +9.1%$2,447,770 +10%
    2023$41,203 +5.7%$2,225,250 +1%
    2022$38,972 +78.6%$2,204,120 +73.7%
    2021$21,822 +1.2%$1,269,240 +1.4%
    2020$21,572 +1.6%$1,251,720 +2.3%
    2019$21,234 $1,223,580 +1.9%
    2018$21,234 +3%$1,200,770 +2.1%
    2017$20,608 +0.4%$1,176,080 +2.1%
    2016$20,531 -1%$1,151,900 +0.7%
    2015$20,738 -2.4%$1,143,900 +0.8%
    2014$21,241 -1.3%$1,134,830 +1.1%
    2013$21,516 +1.8%$1,122,900 +1.5%
    2012$21,132 +2.9%$1,106,690 +0.2%
    2011$20,541 -0.4%$1,104,290 +5%
    2010$20,625 -14.5%$1,051,590 -16.5%
    2009$24,131 -21.7%$1,259,260 -21.7%
    2008$30,805 -14.1%$1,609,080 -12.2%
    2007$35,862 +1.4%$1,832,970 +11.9%
    2006$35,358 $1,638,000 +207.4%
    2005-- $532,860
    Find assessor info on the county website

    Neighborhood: 33062

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,560,600
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    Estimated market value
    $3,560,600