Fairbanks Terrace South Co-Op
Homes for Sale in Pompano Beach, FL
All 1,079 homes for sale in Pompano Beach, FL · median $360,000 · 739 condos for sale in Pompano Beach · 481 homes for sale in 33062 · Broward County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
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).

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 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.
Who Fairbanks Terrace South Co-Op is best for.
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.
- 1201 S Riverside Drive #306 · $289,000 · 1 bd / 1 ba · listed Jun 27, 2026 · listed by LoKation
Schools
- 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.
Shop the zone: Homes zoned for Blanche Ely High School
The Fairbanks Terrace South Co-Op buying strategy.
If we were buying in Fairbanks Terrace South Co-Op today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
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.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Fairbanks Terrace South Co-Op buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Fairbanks Terrace South Co-Op, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 →
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?
Who is the best real estate agent for Fairbanks Terrace South Co-Op?
How do I find a top Pompano Beach real estate agent who knows Fairbanks Terrace South Co-Op?
Can Momentum Realty connect me with an agent for Fairbanks Terrace South Co-Op?
Where is Fairbanks Terrace South Co-Op, and what county is it in?
Should you buy in Fairbanks Terrace South Co-Op?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: September 26, 2026) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-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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See how Fairbanks Terrace South Co-Op fits the bigger picture — live prices, inventory, and Momentum Scores:
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