TERRA MAR ISLAND ESTATES

3240 Spanish River Drive, Lauderdale By The Sea FL 33062

3 beds · 2.5 baths · 1,987 ft²

For Sale · Active Listing

$6,000

25.00%

Est. Payment $32/mo

MLS Sheet Video

Bedrooms

2.5

Bathrooms

1,987

Sq. Ft.

1973

Year Built

Garage

Stories

Days on Market

Description

Nestled in the gated Terra Mar neighborhood of Lauderdale by the Sea, this spacious 3-bedroom, 2.5-bath home delivers the quintessential South Florida lifestyle — turnkey and ready from day one. The private backyard features an above-ground swim spa, BBQ grill, private beach access, and complimentary beach equipment. Perfectly positioned between Lauderdale by the Sea and Pompano Beach, you're minutes from top dining, shops, and coastline. Flexible leases from 1 to 12 months. Rate varies by lease length. Follow brokers remarks to schedule your showing.

Facts

MLS#: B26026428
Subdivision: TERRA MAR ISLAND ESTATES
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1973
Lot Size: 7,405 ft²
Sq. Ft.: 1,987 ft²
Sq. Mt.: 185 m²
Price per sq. ft.: $3/ft²
Price per sq. mt.: $32/m²
Stories: 1
Garage: 2 spaces
Pool: —
Days on Market: 92 days
Listed: May 7, 2026
Last Updated: Aug 7, 2026
Price/Lot Sq.Ft.: $1/ft²

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Market insights for Lauderdale By The Sea

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/8/2026	Price change	$6,000-25.0%
5/7/2026	Listed for sale	$8,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

3240 Spanish River Drive, Lauderdale By The Sea FL 33062Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$20,000

gross income / month to qualify

Monthly rent$6,000

Required annual income$240,000

Security deposit (est.)$6,000

Move-in cost (1st + last + security)$18,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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Updated 5 hours ago