$1,370,000
Sold · July 18, 2025
3261 S Terra Mar Drive
Lauderdale By The Sea, FL 33062
TERRA MAR ISLAND
Explore the area: Lauderdale By The Sea homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $1,370,000
- Vs. list price
- 5.2% under
- Days on market
- 205
- Price per sq ft
- $671
This 3-bedroom single-family home in ZIP 33062 sold for $1,370,000 on July 18, 2025. That was 5.2% below its final list price of $1,445,000. It first came on the market at $1,650,000, so the price was adjusted before it sold. It spent 205 days on the market.
Listing Snapshot
- Sold Price
- $1,370,000
- Sold On
- July 18, 2025
- Days on Site
- 205 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 2,043 sqft
- Total Sq Ft
- 2,513 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1954
- Property Type
- Single Family
- MLS #
- F10476368
- Property Tax
- $16,400 (2024)
- HOA Fees
- $75 / Annually
- Subdivision
- TERRA MAR ISLAND
- Development
- TERRA MAR ISLAND
- County
- Broward
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Exquisite 3-bed, 3-bath home on exclusive Terra Mar Island, Lauderdale-by-the-Sea. Fully renovated with A New Roof, stainless steel appliances, modern flooring, fresh paint, luxurious ensuite bathrooms, new AC units, updated electrical with LED lighting, impact windows/doors, and a newly constructed pool with lush landscaping. Turnkey and vacation rental-friendly, it includes furnishings, A/V, and artwork. Enjoy the outdoor covered patio and private beach club access, just steps from the beach and the new Ritz-Carlton, Waldorf Astoria, and Armani Casa, with world-class dining and amenities nearby. Architect plans for a 4th bedroom with ensuite are included. Ideally located near shops and dining, this property embodies South Florida luxury living.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1954
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Garage Door Opener
- Direction Faces
- South
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 2,043
- Total Sq Ft
- 2,513
- Sewer
- Public Sewer
- Water Source
- Public
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Gas Range / Microwave / Oven / Refrigerator / Water Softener / Water Heater / Water Purifier / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
- Fireplace
- Yes
- Interior Features
- Main Level Primary / Multiple Primary Suites / Multiple En Suite Bathrooms / Split Bedrooms
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 2
- Furnished
- Furnished
Exterior Features
- Construction
- Block / Other
- Roof
- Spanish Tile
- Exterior Features
- Balcony / Outdoor Living Area / Porch
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Porch / Screened / Balcony
- Lot Features
- Sprinklers Automatic / Less Than Quarter Acre
- View
- Garden
Community & HOA
- HOA Fee
- $75 / Annually
- Association Amenities
- Beach Rights / Other
- Community Features
- Home Owners Association / Gated / Street Lights
- Security
- Gated Community / Key Card Entry
- Pets Allowed
- Breed Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Limited Number Vehicles / Other Restrictions
- MLS Area
- 3121
Schools
- Elementary School
- McNab
About the Area
Browse Lauderdale-by-the-Sea homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Lauderdale-by-the-Sea includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Lauderdale-by-the-Sea listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 174
- Median List Price
- $679,900
- Median $/Sq Ft
- $499
- Avg Days on Market
- 151
Frequently Asked Questions
- How do I schedule a tour of 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- Use the Tour button on this listing to request a showing of 3261 S 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 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 still available?
- 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is currently listed as Sold, and has been on the market 205 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 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- With 20% down ($289,000) on the $1,445,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is about $7,594/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 3261 S 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 3261 S 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 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 have an HOA fee?
- Yes: 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 carries an HOA fee of about $75 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 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062 is zoned for McNab (elementary). 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 3261 S Terra Mar Drive, Lauderdale-By-The-Sea, FL 33062?
- Often, yes. The right offer on 3261 S 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 Coldwell Banker Realty
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.
$1,370,000
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Listed by Gilles J Rais, Coldwell Banker Realty
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Recent Sales
Recently sold homes in ZIP 33062
These are the last 6 recorded closings in ZIP 33062, with the price each home actually sold for rather than what it was listed at. They closed at a median of $500 per square foot. The most recent closed on September 30, 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$442,500
Sold · September 30, 2026
501 N Riverside Drive 301
2 bed · 2.5 bath · 1,480 sqft · $299/sqft
$26,500 under the asking price
Sold$3,300,000
Sold · September 30, 2026
1116 N Ocean Boulevard 1106
3 bed · 3.5 bath · 2,589 sqft · $1,275/sqft
$75,000 under the asking price
Sold$480,000
Sold · September 30, 2026
133 N Pompano Beach Boulevard 702
3 bed · 2 bath · 1,400 sqft · $343/sqft
$20,000 under the asking price
Sold$400,000
Sold · September 30, 2026
1770 S Ocean Boulevard 403
1 bed · 1.5 bath · 800 sqft · $500/sqft
$45,000 under the asking price
Sold$4,500,000
Sold · September 29, 2026
900 N Ocean Boulevard Uph03
4 bed · 4.5 bath · 3,300 sqft · $1,364/sqft
$200,000 under the asking price
Sold$1,000,000
Sold · September 29, 2026
2780 SE 5th Court
5 bed · 2 bath · 2,361 sqft · $424/sqft
$129,000 under the asking price
See every recorded sale in ZIP 33062 or find out what your ZIP 33062 home is worth.
