$4,900,000
1511 W Terra Mar Drive
Lauderdale By The Sea, FL 33062
Explore the area: Lauderdale By The Sea homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $4,900,000
- Price per sq ft
- $1,584
- Vs. nearby sales
- 53.9% above
- Days on market
- N/A
This 4-bedroom single-family home in Terra Mar Island Estates is listed at $4,900,000, or $1,584 per square foot. The 5 most recent single-family home sales in the closings shown below sold at a median of $1,029 per square foot, so the asking price is 53.9% above what comparable homes here actually sold for.
Estimated monthly payment
$25,752 /mo
Principal and interest only, based on $980,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $4,900,000
- Days on Site
- 0 Days
- Bedrooms
- 4
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 3,094 sqft
- Total Sq Ft
- 4,175 sqft
- Lot Size
- 0.18 Acres
- Year Built
- 1962
- Property Type
- Single Family
- MLS #
- A12117785
- Property Tax
- $28,539 (2025)
- HOA Fees
- $50 / Annually
- Subdivision
- TERRA MAR ISLAND ESTATES
- County
- Broward
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
EXCLUSIVE WATERFRONT LIVING ON TERRA MAR ISLAND! Discover an exceptional opportunity to experience the best of South Florida's coastal lifestyle in the prestigious Terra Mar Island community, one of the area's most desirable waterfront enclaves. Perfectly situated at 1511 W Terra Mar Drive, this property offers a rare combination of privacy, tranquility, and an unbeatable location just moments from the beautiful beaches of Lauderdale-by-the-Sea. Imagine waking up to peaceful water views, enjoying breathtaking sunsets, and embracing the relaxed elegance of island living. Surrounded by beautiful waterfront residences, this exclusive neighborhood offers a true sense of escape while keeping you close to fine dining, boutique shopping, entertainment, and everything Fort Lauderdale has to offer. Whether you're searching for a primary residence, vacation retreat, or waterfront investment, this is your opportunity to own a piece of paradise in one of South Florida's most sought-after coastal communities. LIVE THE WATERFRONT LIFESTYLE YOU DESERVE! Discover an exceptional waterfront opportunity in the exclusive Terra Mar Island community of Lauderdale-by-the-Sea. Located at 1511 W Terra Mar Drive, this property offers the perfect setting to experience South Florida's highly desirable coastal lifestyle.Nestled within a distinctive island neighborhood surrounded by beautiful waterfront residences and scenic waterways, this property combines the tranquility of waterfront living with convenient access to the area's finest attractions.Enjoy being just minutes from the beautiful Atlantic Ocean, pristine beaches, waterfront restaurants, boutique shopping, entertainment, and recreational activities. The property's desirable location also provides easy access to Fort Lauderdale, Pompano Beach, major highways, and Fort Lauderdale-Hollywood International Airport.Terra Mar Island is recognized for its unique coastal character, attractive residential surroundings, and exceptional location. Whether you are seeking a primary residence, seasonal getaway, or investment opportunity, this waterfront property presents exciting possibilities.Experience the beauty of South Florida living, where the water becomes part of your everyday lifestyle. Enjoy the peaceful atmosphere of an established coastal neighborhood while remaining close to the vibrant dining, shopping, and entertainment options of Lauderdale-by-the-Sea and Fort Lauderdale.A wonderful opportunity to own waterfront property in one of the area's most desirable island communities. Schedule your private showing and discover everything 1511 W Terra Mar Drive has to offer.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1962
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Garage
- Direction Faces
- East
- Lot Size (Acres)
- 0.18
- Living Sq Ft
- 3,094
- Total Sq Ft
- 4,175
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RS-4
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Other / Wood
- Interior Features
- Breakfast Area / Dual Sinks / Eat In Kitchen / Kitchen Dining Combo / Main Level Primary / Pantry / Walk In Closets
- Windows
- Other / Sliding
- Total Rooms
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Other
- Exterior Features
- Built In Barbecue / Barbecue / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Deck
- Lot Features
- Sprinklers Automatic / Sprinkler System
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / Other
- Frontage
- Waterfront
- Frontage Length
- 22.00 ft
- View
- Intercoastal / Pool
Community & HOA
- HOA Fee
- $50 / Annually
- HOA Includes
- Common Areas
- Association Amenities
- Gated / Maintenance
- Community Features
- Home Owners Association
- Security
- Smoke Detectors
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 3121
Schools
- Elementary School
- McNab
- Middle School
- Pompano Beach
- High School
- Blanche Ely
About the Community
- Homes for Sale
- 3
- Under Contract
- 1
- Median List Price
- $4,900,000
- Median $/Sq Ft
- $1,462
- Avg Days on Market
- 64
Frequently Asked Questions
- How do I schedule a tour of 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- Use the Tour button on this listing to request a showing of 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 still available?
- 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- With 20% down ($980,000) on the $4,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is about $25,752/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 have an HOA fee?
- Yes: 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 carries an HOA fee of about $50 annually. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is zoned for McNab (elementary), Pompano Beach (middle), Blanche Ely (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- Often, yes. The right offer on 1511 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 depends on how it's priced against comparable single family sales in Lauderdale By The Sea, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of RE/MAX Concierge
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$4,900,000
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Listed by Minerva Strum, RE/MAX Concierge
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Recent Sales
Recently sold homes in Terra Mar Island Estates
These are the last 5 recorded closings in Terra Mar Island Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,029 per square foot. The most recent closed on November 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,921,000
Sold · November 5, 2026
1920 E Terra Mar Drive
3 bed · 3 bath · 2,347 sqft · $818/sqft
$329,000 under the asking price
Sold$1,750,000
Sold · August 24, 2026
3230 S Terra Mar Drive
4 bed · 2 bath · 1,813 sqft · $965/sqft
$50,000 under the asking price
Sold$2,350,000
Sold · June 3, 2026
1711 W Terra Mar Drive
4 bed · 2 bath · 2,283 sqft · $1,029/sqft
$150,000 under the asking price
Sold$9,050,000
Sold · May 15, 2026
1371 W Terra Mar Drive
5 bed · 6.5 bath · 5,955 sqft · $1,520/sqft
$900,000 under the asking price
Sold$2,717,125
Sold · April 14, 2026
1921 W Terra Mar Drive
3 bed · 2 bath · 1,940 sqft · $1,401/sqft
$182,875 under the asking price
See every recorded sale in Terra Mar Island Estates or find out what your Terra Mar Island Estates home is worth.
