Pompano Beach, FL 33062,1940 E Terra Mar Dr
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$ 2,500,000
Est. payment | /mo

10,498 Sqft Lot


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$ 2,500,000
Est. payment | /mo
Save

10,498 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Terra Mar Island Estates

MLS Listing ID F10479283

HOA Y/N No

Total Fin. Sqft 10498

Annual Tax Amount $6,436

Tax Year 2023

Lot Size 10,498 Sqft

Property Description

Presenting this opportunity to Build on this expansive lot size & prime waterfront location, ample opportunity 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.

Location

State FL

County Broward County

Community Terra Mar Island Est

Area North Broward Ocean To Intracoastal (3111-3121)

Zoning RS-5

Exterior

Utilities Available Cable Tv, Electric, Gas, Sewer, Trash Removal, Water

Waterfront Description No Fixed Bridges,Ocean Access,Seawall

Water Access Y

Water Access Desc Private Dock,Unrestricted Salt Water Access

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Water Municipal Water

Others

Pets Allowed No

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Homestead Exemption, Potential Tear Down, Sell Complete Parcel

BeachesMLS Matrix (RAPB-F prefix)
Listed by Berkshire Hathaway FL Realty

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1940 E Terra Mar Dr