Fairbanks Terrace South Co-Op in Pompano Beach
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Photo via Beaches MLS

Built fromLive Beaches MLS data4 years of closingsUpdated twice daily

As of September 2026, Fairbanks Terrace South Co-Op in Pompano Beach, FL has 1 home for sale. As of September 2026, the MLS records 4 closed sales in Fairbanks Terrace South Co-Op in Pompano Beach, FL since 2022, the most recent in August 2026. Across Pompano Beach as a whole, 778 homes closed in the last 12 months at a median of $394,999, 66 median days on market, with 395 homes for sale today. At that median and Broward County's FY2025-26 rate of 19.84 mills, annual property tax runs about $7,840 ($7,010 with the full homestead exemption).

Live · Fairbanks Terrace South Co-Op Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Broward: 18% (3,189 of 17,489)
1 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairbanks Terrace South is a co-op, and that structure does more to set price here than any square-footage comparison would. You are buying shares tied to a unit, not a deed, so the association's rules, financial health, and financing acceptance drive what a unit trades for and how fast. Condition and the terms the board allows tend to matter more than headline sizes.

With no amenities identified from current listings, there is little on-site to underwrite a premium — the value proposition is the Pompano Beach location and the co-op price point, not a resort package. For buyers, that means diligence on the co-op's finances and approval process before you fall for a unit. For sellers, it means pricing to the reality of a cash-leaning, board-approved buyer pool rather than to nearby fee-simple comps.

Fairbanks Terrace South Co-Op Housing Pulse · Momentum Research · as of September 20, 2026

Fairbanks Terrace South Co-Op right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

This is a co-op in Pompano Beach, Broward County — an ownership form that trades differently than a standard condo or single-family home, and that difference shapes financing, approval, and resale far more than any amenity list would.

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.

Best for

  • Cash or co-op-financing-ready buyers who want a lower-cost entry into the Pompano Beach beaches market
  • Buyers prioritizing location and price point over on-site amenities
  • Owners who are comfortable with a board-approval process and co-op governance

Probably not for

  • Buyers who require standard conventional or FHA financing and want maximum lender flexibility
  • Buyers who expect community amenities as part of the package
  • Investors seeking easy short-term leasing, since co-op rules and approvals often restrict it

The market around Fairbanks Terrace South Co-Op

Fairbanks Terrace South 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 South Co-Op specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Fairbanks Terrace South Co-Op

Live MLS inventory for Fairbanks Terrace South Co-Op. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Fairbanks Terrace South Co-Op listings as of 2026-09-26, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.

Every Home for Sale in Fairbanks Terrace South Co Op Right Now (1)

All 1 active and pending Fairbanks Terrace South Co Op listings with a detail page, newest first, refreshed twice a day from the MLS.

Schools

In short
  • Broward County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • McNab · Elementary
  • Pompano Beach · Middle
  • Blanche Ely · High

Zoned schools reflect the assignments reported on recent Fairbanks Terrace South Co-Op listings and can change; always confirm with Broward County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Fairbanks Terrace South Co-Op address.

If we were buying in Fairbanks Terrace South Co-Op today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Fairbanks Terrace South Co-Op.

Best Buy
Buyers comfortable with co-op ownership who want a Pompano Beach foothold without a resort-amenity premium.
Biggest Risk
Financing and board approval narrow the buyer pool and can slow both purchase and resale.
Sweet Spot
A well-kept unit in a co-op with sound finances and clear, workable rules.
Avoid If
You need conventional financing or on-site amenities to make the numbers work.

The co-op reality

In a co-op you own shares in the corporation that owns the building, along with the right to occupy a unit. That has practical consequences: lenders are pickier, some buyers will need cash or specialized financing, and the board's approval stands between you and the closing table. None of that is a flaw — it is simply the mechanics you buy into here, and understanding it up front prevents surprises.

Current listings show no identified community amenities, so evaluate a unit on its own condition and on the co-op's books — reserves, monthly carrying costs, rules on leasing and occupancy, and how the board handles approvals. In a beaches-feed market like Pompano Beach, the location does part of the selling; the paperwork does the rest.

“

The location and the amenities are priced into every listing in Fairbanks Terrace South Co-Op. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Co-ops reward brokers who read the fine print. We help you get ahead of the approval process, request and review the association's financials early, line up financing that actually works for a co-op, and price a resale to the buyer pool this structure attracts — so a deal does not unravel at the board stage.

Fairbanks Terrace South Co-Op in 15 seconds.

Best forBuyers comfortable with co-op ownership who want a Pompano Beach foothold without a resort-amenity premium.
Biggest advantageYou get a Broward beaches location at a co-op price point.
Biggest riskFinancing and board approval narrow the buyer pool and can slow both purchase and resale.
Sweet spotA well-kept unit in a co-op with sound finances and clear, workable rules.
Avoid ifYou need conventional financing or on-site amenities to make the numbers work.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Fairbanks Terrace South Co-Op homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Fairbanks Terrace South Co-Op.
In short
  • HOA dues reported around $926/month (about $11,112/yr) · median of 12 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $926 per month ($11,112 a year) — the median AssociationFee across 12 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, 2026-09.

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fairbanks Terrace South Co-Op sales matched to your home.

What is your Fairbanks Terrace South Co-Op home worth?

Get a no-obligation home value based on real comparable sales in Fairbanks Terrace South Co-Op, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Pompano Beach →

Real comps, not an automated estimate.
How much local inventory is already under contract

11% of homes for sale in ZIP 33062 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-27).

Frequently Asked Questions

Is Fairbanks Terrace South Co-Op a buyer's or seller's market right now?
As of September 20, 2026, Fairbanks Terrace South Co-Op leans toward buyers: 12.0 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Fairbanks Terrace South Co-Op?
The best agent for Fairbanks Terrace South Co-Op is one who actively works Pompano Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Fairbanks Terrace South Co-Op.
How do I find a top Pompano Beach real estate agent who knows Fairbanks Terrace South Co-Op?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Fairbanks Terrace South Co-Op and the wider Pompano Beach area.
Can Momentum Realty connect me with an agent for Fairbanks Terrace South Co-Op?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Fairbanks Terrace South Co-Op purchase or sale - no call center and no pressure.
Where is Fairbanks Terrace South Co-Op, and what county is it in?
Fairbanks Terrace South Co-Op is in Pompano Beach, Broward County, FL, ZIP 33062. The community's center is about 2 miles southeast of the center of Pompano Beach (straight-line).
Cash or co-op-financing-ready buyers who want a lower-cost entry into the Pompano Beach beaches marketExcellent fit
Buyers prioritizing location and price point over on-site amenitiesExcellent fit
Owners who are comfortable with a board-approval process and co-op governanceExcellent fit
Buyers who require standard conventional or FHA financing and want maximum lender flexibilityProbably not
Buyers who expect community amenities as part of the packageProbably not
Investors seeking easy short-term leasing, since co-op rules and approvals often restrict itProbably not

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 26, 2026)
Under-contract sharesBeaches MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2022 (4 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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