Fairbanks Terrace Co-Op
Homes for Sale in Pompano Beach, FL

Fairbanks Terr is a co-op community in Pompano Beach, Broward County, where ownership means holding shares in the corporation rather than a titled deed. That distinction, not amenities, defines the buying and selling experience here.

BeachesMLS sales records identify 6 homes in Fairbanks Terrace Co-Op that have changed hands since 2008, built between 1961 and 1968 (median 1961), with a median living area of about 585 sq ft and a typical 1-bedroom, 1-bath layout. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Fairbanks Terrace Co-Op is too small for its own price trend, so here is the market around it.

In ZIP 33062, 702 homes are on the market and 12% are under contract — a slower corner of Pompano Beach.

Across Broward County, 14,300 homes are active and 3,189 pending (18% under contract).

In ZIP 33062 (Pompano Beach), 585 homes closed in the last 12 months at a median of $510K ($388/sq ft), up 0.6% year over year, with a median 72 days on market. Right now 233 active and 43 pending listings put supply at about 7.0 months — a buyer's market. See the live ZIP 33062 housing market and the Broward County market.

ZIP and county figures describe the wider market, not Fairbanks Terrace Co-Op specifically. Momentum Research analysis of MLS records.

Co-ops trade differently than condos or single-family homes. Boards typically vet buyers, may cap financing or require substantial cash, and can restrict leasing. None of that is a flaw, but it narrows the buyer pool and can lengthen or shorten timelines depending on how the board operates. Read the bylaws, the proprietary lease, and the financials early.

Current MLS listings show no identified community amenities, so don't shop this one for resort features. The case for Fairbanks Terr is location within Pompano Beach and the individual unit's condition and price. Verify what the monthly maintenance covers and how the co-op is capitalized before you commit.

Co-ops reward representation that reads documents, not brochures. We help you dig into the board approval process, financing and cash requirements, leasing rules, and the co-op's financial health before you're emotionally attached to a unit, so you know the real terms of ownership going in.

Listings in this community report association dues of about $449 per month ($5,388 a year) — the median AssociationFee across 13 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.