$850,000
Sold · September 12, 2025
1948 W Terra Mar Drive
Lauderdale By The Sea, FL 33062
Explore the area: Lauderdale By The Sea homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $850,000
- Vs. list price
- 10.5% under
- Days on market
- 518
- Price per sq ft
- $1,049
This 2-bedroom single-family home in Terra Mar Island Estates sold for $850,000 on September 12, 2025. That was 10.5% below its final list price of $950,000. It first came on the market at $1,050,000, so the price was adjusted before it sold. It spent 518 days on the market.
Listing Snapshot
- Sold Price
- $850,000
- Sold On
- September 12, 2025
- Days on Site
- 518 Days
- Bedrooms
- 2
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 810 sqft
- Lot Size
- 0.22 Acres
- Year Built
- 1953
- Property Type
- Single Family
- MLS #
- F10410663
- Property Tax
- $6,477 (2024)
- Subdivision
- Terra Mar Island Estates
- County
- Broward
- Status
- Sold
About This Property
PLEASE DO NOT TRESPASS!!! Terra Mar is an exquisite waterfront neighborhood located on what feels like a Private Island w its own connecting bridge & gated entrance. This property is one of the few streets in Terra Mar that has PRIVATE DEEDED BEACH RIGHTS w access to the pristine El Mar Beach Club, an amenity reserved only for these few privileged streets, ensuring a serene beach experience, free from crowds; parking, showers, grills, tables, bike racks & more; making every beach day an enjoyable experience. Close to Lauderdale by the Sea & equally close to all the Restaurants & Shopping in the newly revitalized Pompano Beach & Pier. What more can you ask for.... BUILD YOUR DREAM HERE!!! (THERE WILL BE NO ACCESS TO THE HOME; BEING SOLD AS A LOT ONLY)
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1953
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Circular Driveway / Driveway
- Direction Faces
- East
- Lot Size (Acres)
- 0.22
- Living Sq Ft
- 810
- Water Source
- Other
- Zoning
- RS-5
Interior Features
- Appliances
- Gas Range / Oven / Water Softener / Water Heater / Water Purifier
- Cooling
- Other
- Heating
- Other
- Flooring
- Other
- Fireplace
- Yes
- Interior Features
- Main Level Primary
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Balcony / Other / Room For Pool
- Patio & Porch
- Porch / Balcony
- Lot Features
- Less Than Quarter Acre
- View
- Garden / Other
Community & HOA
- Association Amenities
- Other / Picnic Area
- Community Features
- Gated
- Security
- Gated Community
- Utilities
- Sewer Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 3121
About the Community
Terra Mar Island Estates is a luxury gated, luxury community in Pompano Beach, Broward County, Florida. Properties are priced from $1,400,000 to $3,800,000. Pure Equity lists homes in Terra Mar Island Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $1,423,500
- Median $/Sq Ft
- $557
- Avg Days on Market
- 156
Frequently Asked Questions
- How do I schedule a tour of 1948 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- Use the Tour button on this listing to request a showing of 1948 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 1948 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 still available?
- 1948 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is currently listed as Sold, and has been on the market 518 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 1948 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- With 20% down ($190,000) on the $950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1948 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is about $4,993/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 1948 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 1948 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.
- Can I negotiate the price of 1948 W Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- Often, yes. The right offer on 1948 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 Balistreri Real Estate Inc
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 1, 2026.
$850,000
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Listed by Debra S Stolowitz, Balistreri Real Estate Inc
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Recent Sales
Recently sold homes in Terra Mar Island Estates
These are the last 2 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 $914 per square foot. The most recent closed on July 1, 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$1,480,000
Sold · July 1, 2026
3250 Spanish River Drive
3 bed · 2 bath · 2,310 sqft · $641/sqft
$70,000 under the asking price
Sold$1,450,000
Sold · August 5, 2025
3271 Cypress Creek Drive
3 bed · 2 bath · 1,586 sqft · $914/sqft
$50,000 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.
