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1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062
Under Contract
57 Days on Market
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How this price compares

Asking price
$5,249,000
Price per sq ft
$1,273
Vs. nearby sales
4.8% above
Days on market
57

This 5-bedroom single-family home in Terra Mar Island Estates went under contract with an asking price of $5,249,000, or $1,273 per square foot. The asking price has come down 11.8% from its original $5,950,000. It spent 57 days on the market before going under contract. The 4 most recent single-family home sales in the closings shown below sold at a median of $1,215 per square foot, so the asking price was 4.8% above what comparable homes here actually sold for.

5
Bedrooms
6
Bathrooms
4,123
Living Sq Ft
2025
Year Built

Estimated monthly payment

$27,586 /mo

Principal and interest only, based on $1,049,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$5,249,000
Days on Site
57 Days
Bedrooms
5
Total Baths
6
Full Baths
4
Partial Baths
2
Living Area
4,123 sqft
Total Sq Ft
4,644 sqft
Lot Size
0.17 Acres
Year Built
2025
Property Type
Single Family
MLS #
B26055323
Property Tax
$69,290 (2025)
Subdivision
Terra Mar Island Estates
Development
Terra Mar Island Estates
County
Broward
Status
Under Contract
Special Conditions
Standard

About This Property

Experience modern waterfront living on gated Terra Mar Island in Lauderdale-by-the-Sea, complete with private beach access just 200 yards away. Developed by Bricker and designed by IntelAE, this exceptional residence offers 5 bedrooms, 4 full and 2 half bathrooms, and 75 feet of waterfront with private yacht dockage. Inside, dramatic 25-foot ceilings create an immediate sense of scale, while high-end Italian finishes, dual primary suites, motorized shades in every bedroom, a dedicated coffee bar, and wine refrigeration elevate everyday living. Solar power provides enhanced energy efficiency and independence throughout the home. Designed for seamless indoor-outdoor entertaining, the private backyard features a saltwater pool and spa, a fully equipped outdoor kitchen, and generous waterfront living spaces—creating a true resort-style retreat just moments from the beach.

Virtual Tour

General Features

Property Type
Single Family
Status
Under Contract
Year Built
2025
Property Condition
New Construction
New Construction
Yes
Number of Stories
2
Levels
Multi Split / Two
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Driveway / Garage / Garage Door Opener / Rv Access Parking
Direction Faces
West
Lot Size (Acres)
0.17
Living Sq Ft
4,123
Total Sq Ft
4,644
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
RS-5

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Range / Electric Water Heater / Free Standing Freezer / Disposal / Gas Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
Cooling
Central Air / Zoned
Heating
Central / Zoned
Flooring
Carpet / Concrete / Marble / Other / Tile / Wood
Fireplace
Yes
Spa
Yes
Spa Features
Heated / In Ground
Interior Features
Bidet / Built In Features / Bathtub / Closet Cabinetry / Cathedral Ceilings / Dual Sinks / Entrance Foyer / Eat In Kitchen / Elevator / Garden Tub Roman Tub / High Ceilings / Kitchen Island / Kitchen Dining Combo / Custom Mirrors / Multiple Primary Suites / Multiple En Suite Bathrooms / Pantry / Split Bedrooms / Soaking Tub / Separate Shower / Stacked Bedrooms
Laundry
Inside / Laundry Room / Laundry Tub / Sink
Windows
Blinds / Tinted Windows
Main Level Bedrooms
2
Main Level Baths
3
Furnished
Furnished

Exterior Features

Construction
Block / Concrete / Stucco
Roof
Flat
Exterior Features
Built In Barbecue / Balcony / Barbecue / Lighting / Outdoor Kitchen / Outdoor Living Area / Outdoor Shower
Architectural Style
Contemporary / Colonial
Private Pool
Yes
Pool Features
Concrete / Heated / Infinity / In Ground / Private / Pool Spa Combo / Salt Water
Patio & Porch
Covered / Deck / Open / Patio / Porch / Terrace / Balcony
Lot Features
Sprinkler System / Less Than Quarter Acre
Waterfront
Yes
Waterfront Features
Canal Access / Canal Front / No Fixed Bridges / Ocean Access / Seawall
Frontage
Waterfront
Frontage Length
75.00 ft
View
Canal / Intercoastal / Ocean / Pool / Water

Community & HOA

Community Features
Gated
Security
Closed Circuit Cameras / Fire Sprinkler System / Gated Community / Smoke Detectors
Utilities
Cable Available / Natural Gas Available / Sewer Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / Cryptocurrency
Restrictions
No Rv / Ok To Lease
MLS Area
3121

Schools

Elementary School
McNab
Middle School
Pompano Beach
High School
Blanche Ely
Homes for Sale
2
Median List Price
$4,037,000
Median $/Sq Ft
$1,083
Avg Days on Market
97
View all 2 homes for sale in Terra Mar Island Estates →
How do I schedule a tour of 1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
Use the Tour button on this listing to request a showing of 1650 E 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 1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 still available?
1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is currently listed as Under Contract, and has been on the market 57 days. 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 1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
With 20% down ($1,049,800) on the $5,249,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is about $27,586/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1650 E 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 1650 E 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.
What schools serve 1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
1650 E 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 1650 E Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
Often, yes. The right offer on 1650 E 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 Serhant

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 July 23, 2026.

$5,249,000

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Listed by Nicholas M Gonzalez, Serhant

Recently sold homes in Terra Mar Island Estates

These are the last 4 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 $1,401 per square foot. The most recent closed on August 24, 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.

See every recorded sale in Terra Mar Island Estates or find out what your Terra Mar Island Estates home is worth.

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