TERRA MAR DR, LS, FL 33062
Parcel: 494306200200 · 01 · Zoning:
Assessed Value (2026)
$500,860
Property Details
Year Built
1965
Lot Sqft
7,838
Sales History
1
$500,000
2009-02-25
2
N/A
2019-11-18
3
$1,200,000
2020-01-07
Tax Assessment History
$500,860
Assessed (2026)
$1,350,780
Market Value
$450,860
Taxable Value
$9,179
Annual Tax
2025
$836,218
$0
2026
$500,860
$1,350,780
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $500,860 | $1,350,780 | $450,860 | $9,179 | $470,280 | $880,500 |
| 2025 | $836,218 | $ | $436,280 | $8,882 | $470,280 | $465,060 |
About TERRA MAR DR, LS, FL 33062
TERRA MAR DR, LS, FL 33062 is a property built in 1965 on a 7,838 square foot lot. The property is currently owned by LUTFEY,DAVID G DAVID G LUTFEY REV TR, recorded as of 2026-04-26. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2020-01-07 for $1,200,000. There are 3 recorded sales for this property. The 2026 assessed value is $500,860 with a market value of $1,350,780.
This breaks down to $470,280 for the land and $880,500 for the building. The assessed value decreased 40% from $836,218 in 2025. TERRA MAR DR, LS, FL 33062 is located in LS, Florida.
Property records, tax assessments, sales history, and ownership information for this LS property are sourced from broward County public records. The complete ownership history of this property spans from 2009 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 42% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
LUTFEY,DAVID G DAVID G LUTFEY REV TR
1841 W TERRA MAR DR, LAUDERDALE BY THE SEA, FL, 33062
Since: 2026-04-26
View owner profile →
Est. Annual Insurance
$6,109 — $11,267
Flood $400 — $800
Property/Wind $5,709 — $10,467
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood 33062
68.4%
Owner-Occ
31.6%
Investor
140
Flips (4yr)
3,762
New Biz (3yr)
Distress Risk
ELEVATED
56