Ocean Terrace

4564 El Mar Drive # 1, Lauderdale By The Sea FL 33308

1 beds · 2 baths · 584 ft²

Closed

$495,000

Est. Payment $2,635/mo

MLS Sheet Video

1

Bedrooms

2

Bathrooms

584

Sq. Ft.

1989

Year Built

2

Stories

27

Days on Market

Description

Rarely Available Beach Retreat on the sand– Unique opportunity in an intimate, 8-unit building in the heart of Lauderdale-by-the-Sea — perfect coastal getaway. Just a short stroll to all the dining& nightlife along Commercial Blvd & the iconic Fishing Pier. Leave the car behind and enjoy true beach-town living. Carefully design makes the most of the square feet, spacious primary bedroom with en-suite bath, comfortable living area with a fold-out sofa. Second full bathroom off the kitchen. In unit laundry + lots of storage space. Completely remodeled and upgraded in 2011, with relaxed coastal charm — making it ideal as a vacation home, seasonal escape, or Airbnb investment opportunity. Offered turnkey. Opportunities like this in such a prime ocean front location are rare. Don’t miss it!

Facts

MLS#
F10554183
Subdivision
Ocean Terrace
Property Type
Residential
Property Sub Type
Condominium
Year Built
1989
Lot Size
0 sqft
Sq. Ft.
584 ft²
Sq. Mt.
54 m²
Price per sq. ft.
$848/ft²
Price per sq. mt.
$9,167/m²
Stories
2
Garage
—
Pool
—
Days on Market
27 days
Listed
Feb 20, 2026
Last Updated
Aug 20, 2026
Price/Lot Sq.Ft.
—

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

October 2026

100/100
Buyers marketSellers market

56

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).

8/20/2026Sold$495,000
2/20/2026Listed for sale$495,000

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

Location

4564 El Mar Drive # 1, Lauderdale By The Sea FL 33308Directions

Estimated Monthly Payment

$3,197/mo

Principal & Interest

$2,635

Property Tax

$413

Insurance

$150

HOA

$0

20% ($99,000)
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

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