1940 E Terra Mar Dr Pompano Beach, FL, 33062

$2,500,000Price
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Size: 10,498 ft2 / 975 m2
Price: $238 ft2 / $2,563 m2
MLS Number: F10479283
View: Canal
On Site: 12 Days
Updated: 0 Days ago
Page Views: 0
Bring all offers! Presenting this unique opportunity to build on this expansive lot size & prime waterfront location, ample room for redevelopment into a luxurious custom residence in the highly coveted terra mar neighborhood of lauderdale-by-the-sea, a prestigious & sought-after community. Waterfront: direct access with 125 feet of water frontage, ideal for boating enthusiasts. Existing structure: a single-family home built in 1953, featuring 2 bed 2 baths, totaling 1,932 square feet development potential: residents enjoy a serene environment w/ Direct ocean access & no fixed bridges, making it a boater's paradise. The neighborhood offers a private deeded beach club with a cabana, showers, grills, & picnic areas, enhancing the resort-style living experience. Limited inventory in the area.
Features
All features
Approx SqFt Total Area: 10498
Property SqFt: 10498
Remarks: BRING ALL OFFERS! Presenting this UNIQUE OPPORTUNITY to Build on this expansive lot size & prime waterfront location, ample room for redevelopment into a luxurious custom residence in the highly coveted Terra Mar neighborhood of Lauderdale-by-the-Sea, a prestigious & sought-after community. Waterfront: Direct access with 125 feet of water frontage, ideal for boating enthusiasts. Existing Structure: A single-family home built in 1953, featuring 2 Bed 2 baths, totaling 1, 932 square feet Development Potential: Residents enjoy a serene environment w/ direct ocean access & no fixed bridges, making it a boater's paradise. The neighborhood offers a private deeded beach club with a cabana, showers, grills, & picnic areas, enhancing the resort-style living experience. Limited Inventory in the area.
Internet Remarks: BRING ALL OFFERS! Presenting this UNIQUE OPPORTUNITY to Build on this expansive lot size & prime waterfront location, ample room for redevelopment into a luxurious custom residence in the highly coveted Terra Mar neighborhood of Lauderdale-by-the-Sea, a prestigious & sought-after community. Waterfront: Direct access with 125 feet of water frontage, ideal for boating enthusiasts. Existing Structure: A single-family home built in 1953, featuring 2 Bed 2 baths, totaling 1, 932 square feet Development Potential: Residents enjoy a serene environment w/ direct ocean access & no fixed bridges, making it a boater's paradise. The neighborhood offers a private deeded beach club with a cabana, showers, grills, & picnic areas, enhancing the resort-style living experience. Limited Inventory in the area.
View: Canal
Waterfront: Yes
Directions: Southeast
Days on Market: 5
Compass Point: E
Office Name: Berkshire Hathaway FL Realty
Area: 10498
Taxes: 6436
Tax Year: 2023
Listing Date: 2025-01-08T10:13:15.000-00:00
Lot Size Square Feet: 10498
Price History
01/08/2025

Date

Listed

Event

$2.5M

Price

$238 ft2 / $2,563 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Milva GillulyBerkshire Hathaway FL Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
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Unit 1940 E Terra Mar Dr – Asking

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(0%) from Closed Medium $/ft²

Closed Medium $/ft²

$545/ft²
Community $/Price Range (Closed) $444/ft² – $849/ft²
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