Terra Mar Island Estates

1981 W Terra Mar Drive, Lauderdale By The Sea FL 33062

3 beds · 3 baths · 3,381 ft²

Closed

$2,697,000

2.81%

Est. Payment $14,355/mo

MLS Sheet Video

3

Bedrooms

3

Bathrooms

3,381

Sq. Ft.

1978

Year Built

2

Garage

2

Stories

288

Days on Market

Description

ONE OF A KIND POINT LOT WITH 253 FT OF WATERFRONT 159 FT OF DOCKAGE ON SIDE CANAL. 94 FT ON DIRECT INTRACOASTAL ENDLESS VIEWS FROM EVERY ROOM. LOCATED ON GATED TERRA MAR ISLAND WITH PRIVATE DEEDED EL MAR BEACH CLUB WITH CAR&GOLFCART PARKING,BBQS PICNIC TABLES ,SHOWERS, COVERED SEATING,BIKE RACKS YOUR OWN PRIVATE OASIS!! BEAUTIFULLY UPDATED HOME WITH ALL IMPACT WINDOWS AND DOORS,SOARING HIGH CEILINGS VIEWS AS YOU ENTER THE FRONT DOOR, FOYER WITH DIRECT WATER VIEWS,GOURMET KITCHEN WITH GRANITE AND STAINLESS STEAL APPLIANCES. UNIQUE DINING ROOM WITH HIGH CEILINGS BY MASTER CARPENTER WITH ICW VIEWS AS YOU DINE LARGE UPSTAIRS MASTER SUITE W/ PRIVATE BALCONY OVERLOOKING WATERWAY. ALSO UPSTAIRS LOFT & OVERLOOKING WATER 16,000 LB HIGH SPEED BOATLIFT NEW IPA DOCK, NEWER SEAWALL,BEAUTIFUL GARDENS POINT LOT WITH 253 FEET OF WATERFRONT GREAT PROTECTED DOCKAGE FOR LARGE YACHT THIS POINT LOT HOME IS LOCATED ON A VERY UNIQUE GATED ISLAND NEIGHBORHOOD WITH A PRIVATE BEACH CLUB 3 BEDROOM 3 BATHROOM UPDATED HOME SITUATED BETWEEN THE CHARM OF LAUDERDALE BY THE SEA AND THE NEWLY RENOVATED ATLANTIC BLVD BEACH WITH NEW STATE OF THE ART FISHING PIER, MULTIPLE NEW OCEANFRONT RESTAURANTS , SHOPS AND ENETRTAINMENT VENUES

Facts

MLS#
F10220814
Subdivision
Terra Mar Island Estates
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1978
Lot Size
11,537 ft²
Sq. Ft.
3,381 ft²
Sq. Mt.
314 m²
Price per sq. ft.
$798/ft²
Price per sq. mt.
$8,589/m²
Stories
2
Garage
2 spaces
Pool
Days on Market
288 days
Listed
Mar 8, 2020
Last Updated
Aug 7, 2026
Price/Lot Sq.Ft.
$234/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

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

99

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).

8/7/2026Sold$2,697,000
7/22/2020Price change$2,697,000-2.8%
3/8/2020Listed for sale$2,775,000

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

Location

1981 W Terra Mar Drive, Lauderdale By The Sea FL 33062Directions

Estimated Monthly Payment

$16,752/mo

Principal & Interest

$14,355

Property Tax

$2,248

Insurance

$150

HOA

$0

20% ($539,400)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Lauderdale By The Sea around $2,697,000.

Call NowWhatsApp