Residential Land for Sale in Lauderdale-by-the-Sea, Florida

1940 E Terra Mar Dr Lauderdale-by-the-Sea, FL 33062

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$2,500,000
0.24 acres
Active
agoEst $18,672/mo

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.

Location

Street Address
1940 E Terra Mar Dr
Community
Terra Mar Island Estates
Elevation
3 feet
Coordinates
26.2158, -80.094

Property details

Zoning
RS-5
MLS Number
RAGFL F10479283
Date Posted

Property taxes

2023
$6,436

Parcels

  • 494306200020

Legal description

Resources

This 0.24-acre property is located at 1940 E Terra Mar Dr in Lauderdale-by-the-Sea, FL 33062 with latitude 26.2158 and longitude -80.094. The property is currently available for sale for $2,500,000 with a price per acre of $10,416,667. Listing data is sourced from BeachesMLS # F10479283.

Verify sale details at the property source or contact Berkshire Hathaway FL Realty at (888) 534-1116.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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