1940 E Terra Mar Dr Pompano Beach, FL 33062
Estimated payment $13,909/month
Total Views
6,028
2
Beds
2
Baths
1,932
Sq Ft
$1,240
Price per Sq Ft
Highlights
- 125 Feet of Waterfront
- Property has ocean access
- Gated Community
- McNab Elementary School Rated A-
- Beach
- Canal View
About This Home
BRING ALL OFFERS! Unique Opportunity to live in the most desirable Island in Broward County. Over 125 feet on water with enormous potential to match some of the upscale homes in the area. Single-family home built in 1953, featuring 2 bedrooms and 2 bathrooms, totaling 1,932 square feet. Terra Mar is an exclusive island community comprising approximately 185 homes, surrounded by the Intracoastal Waterway & accessible via a private bridge & gate. Residents enjoy a serene environment with direct ocean access & no fixed bridges, making it a boater's paradise. The neighborhood offers a private deeded beach club equipped with a cabana, showers, grills, and picnic areas, enhancing the resort-style living experience. Lauderdale-by-the-Sea is renowned for its charm that appeals residents & visitors
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,436
Year Built
- Built in 1953
Lot Details
- 10,498 Sq Ft Lot
- 125 Feet of Waterfront
- Northeast Facing Home
- Fenced
- Property is zoned RS-5
HOA Fees
- $6 Monthly HOA Fees
Property Views
- Canal
- Garden
Home Design
- Flat Roof Shape
- Tile Roof
Interior Spaces
- 1,932 Sq Ft Home
- 1-Story Property
- Furnished or left unfurnished upon request
- Decorative Fireplace
- Jalousie or louvered window
- Formal Dining Room
- Sun or Florida Room
- Utility Room
Kitchen
- Breakfast Bar
- Dishwasher
Flooring
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Carport Spaces
- Driveway
Outdoor Features
- Room in yard for a pool
- Property has ocean access
- No Fixed Bridges
- Canal Access
- Deck
Schools
- Mcnab Elementary School
- Pompano Beach Middle School
- Blanche Ely High School
Utilities
- Central Heating and Cooling System
- Co-Op Membership Included
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 494306200020
- Seller Considering Concessions
Community Details
Overview
- Terra Mar Island Estates Subdivision
Recreation
- Beach
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,594 | $1,043,490 | $453,510 | $589,980 |
| 2024 | $6,436 | $1,043,490 | $453,510 | $589,980 |
| 2023 | $6,436 | $412,860 | $0 | $0 |
| 2022 | $6,019 | $400,840 | $0 | $0 |
| 2021 | $5,819 | $389,170 | $0 | $0 |
| 2020 | $6,194 | $383,800 | $0 | $0 |
| 2019 | $6,090 | $375,180 | $0 | $0 |
| 2018 | $5,899 | $368,190 | $0 | $0 |
| 2017 | $5,867 | $360,620 | $0 | $0 |
| 2016 | $5,916 | $353,210 | $0 | $0 |
| 2015 | $5,722 | $350,760 | $0 | $0 |
| 2014 | $5,791 | $347,980 | $0 | $0 |
| 2013 | -- | $510,710 | $419,920 | $90,790 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $2,395,000 | 0.0% | -- |
| 04/17/2025 04/17/25 | Price Changed | $2,395,000 | -4.2% | $1,240 / Sq Ft |
| 01/19/2025 01/19/25 | For Sale | $2,500,000 | 0.0% | $1,294 / Sq Ft |
| 01/15/2025 01/15/25 | For Sale | $2,500,000 | -- | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $45,000 | -- |
Source: Public Records
Similar Homes in Pompano Beach, FL
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10481989
APN: 49-43-06-20-0020
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