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$1,585,000

Beds
3
Baths
3.0
sq ft
2,043

3261 S Terra Mar Dr, Pompano Beach, FL 33062

3261 S Terra Mar Dr

Lauderdale By The Sea, FL 33062

  • 68 days on market
    • Price drop $65,000↓
Exquisite 3-bed, 3-bath home on exclusive Terra Mar Island, Lauderdale-by-the-Sea. Fully renovated with A New Roof, stainless steel appliances, modern flooring, fresh paint, luxurious ensuite bathrooms, new AC units, updated electrical with LED lighting, impact windows/doors, and a newly constructed pool with lush landscaping. Turnkey and vacation rental-friendly, it includes furnishings, A/V, and artwork. Enjoy the outdoor covered patio and private beach club access, just steps from the beach and the new Ritz-Carlton, Waldorf Astoria, and Armani Casa, with world-class dining and amenities nearby. Architect plans for a 4th bedroom with ensuite are included. Ideally located near shops and dining, this property embodies South Florida luxury living.

Details

Property type

Single Family Residence

Est. home value

$902,123

Property condition

Updated/Remodeled

Lot size

7,500 sq ft

Price per sq ft

$776

Year built

1954

Annual property taxes

$16,400

Monthly HOA fee

$6.25

Price History

01/22/2025
Beaches

Beaches #F10476368

Price change
$1,585,000
-3.94%
12/16/2024
Beaches

Beaches #F10476368

Listed
$1,650,000
+121.48%
10/18/2021
Beaches

Beaches #F10296632

Sold
$745,000

Schools & Community

Elementary school: 

Mcnab

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$975,061
Asking price
$1,585,000
Closing costs (~8% of asking)
-$126,800
Est. remaining loan balance
-$483,139
Cash to seller
$975,061

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

October 2021

Original loan amount

$521,500

Est. remaining balance

$483,139

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Daniel Ziriakus

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 6:35 PM

Listing updated: 01/23/2025 at 1:35 AM

Listed by: Gilles Rais, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: Beaches #F10476368

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