When was property at 1948 West Terra Mar Drive built and last sold?

The property at 1948 West Terra Mar Drive was built in 1953 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 1948 West Terra Mar Drive is $931,080.

What are some comparable homes to 1948 West Terra Mar Drive?

There are currently no comparable homes to 1948 West Terra Mar Drive.

Lauderdale-by-the-Sea

33062

1948 W Terra Mar Drive

Sold on Sep 12, 2025

Map

$850,000

● House - Off Market

1948 W Terra Mar Drive

Lauderdale By The Sea, FL 33062

2 Beds

1 Bath

810 Ft²

$5,205

Est. Monthly

2.75%

Cap Rate

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)

Unit Size

810 Ft²

Days on Market

661 days

Land Size

0.22 acres

Price per sqft

$1,173

Property Type

House

Property Taxes

$540

HOA Dues

Year Built

1953

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Beaches MLS #F10410663)

Price History

Date / Event	Date	Event
Sep 12, 2025	Sold	Premium
Sold
Apr 26, 2025	In contract	-
In contract
Mar 25, 2024	Price Decreased	$950,000 ↓ $25K (2.6%)
Price Decreased
Mar 9, 2024	Relisted	$975,000
Relisted
Feb 28, 2024	In contract	-
In contract
Feb 28, 2024	No longer available	-
No longer available
Dec 22, 2023	Price Decreased	$975,000 ↓ $75K (7.1%)
Price Decreased
Nov 21, 2023	Listed by Balistreri Real Estate Inc	$1,050,000
Listed by Balistreri Real Estate Inc
Aug 24, 2023	Listed	$1,250,000
Listed

	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)

Property Highlights

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 1954
Building Count: 1
Bedroom Count: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 14
Floor Count: 100
Living Units: 1
Floor Cover: 2
Basement Type: 0
Basement Area: 0
Parking Type: 2
Garage Type: 7
Garage Square Area: 338
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,424

Lot Size Frontage Feet: 1,000
Total Building Area: 1,148
Gross Building Area: 1,148
Building Area: 810
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 810
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TERRA MAR ISLAND ESTATES 29-12 B
Land Acres: 0000000216
Standard Land Use Code: 1001
County Land Use Code: 01-01
State Land Use Code: 01
Legal Description 1: TERRA MAR ISLAND ESTATES 29-12 B LOT 10 BLK 2

Neighborhood

School District Name: Broward County School District

Census Tract: 031207

Zoning

Zoning: RS-4

Geography

Assessors Map Reference: 169A

District: 0211
Parcel: 49-43-06-20-0310
Block: 2
Lot: 10
Meridian: SEC 06 TWN 49S RNG 43E
Municipality: LAUDERDALE BY THE SEA
Latitude: 26.2163
Longitude: -80.0962

Address

Full Address: 1948 W Terra Mar Dr

Address - House Number: 1948
Street Direction: W
Address - Street Name: Terra Mar
Address - Suffix Type: Dr
State: FL
City Name: Pompano Beach
Carrier Code: C017
4-Digit Zip Code: 6824
Zip Code: 33062

Valuation

Tax

Total Area: 979

Tax Year: 2023
Tax Amount: $633,082
Tax Rate Code Area: 0211

Appraisal Valuation

Standard Deviation: 0.1352

Valuation Date: Feb 21, 2024
Confidence Score: 84
Final Value: 882,328
High Value: 1,001,634
Low Value: 763,022

Market Valuation

Market Total Value: $636,690

Market Land Value: $188,480
Market Improvement Value: $448,210

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $387,460

Exemptions

Homeowner Exemption: Yes

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lauderdale-by-the-Sea

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$456

Below Asking

0.03%

Average Days on Market

107

Average Home Size

1666 ft²

Average Home Age

48.4 years

Currently For Sale

177 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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$3,000 /mo

2 Beds
2 Baths
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Rentals Near You

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Listed by: Debra S Stolowitz
Balistreri Real Estate Inc
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# F10410663

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.