Fairbanks Terrace South Co-Op
Homes for Sale in Pompano Beach, FL
All 1,145 homes for sale in Pompano Beach, FL · median $375,000 · 749 condos for sale in Pompano Beach · 497 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 November 2026, Fairbanks Terrace South Co-Op in Pompano Beach, FL has 2 homes for sale. Homes listed or recently sold were built 1963–1963; 3 of 3 report an HOA (median $926/mo); 3 of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 3 ft).
Last 30 days in Fairbanks Terrace South Co-Op: 1 new listing (median asking $295,000). As of November 7, 2026, 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.
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.
Figures in this note are as of July 20, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Fairbanks Terrace South Co-Op right now
🟢 Buyer-leaning market. 24.0 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 November 6, 2026. Confidence: Low (2 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 7, 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.
The setting & the homes.
Aerial and on-site photos of Fairbanks Terrace South Co-Op. Swipe to explore the community.
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Fairbanks Terrace South Co-Op
Fairbanks Terrace South Co-Op
Fairbanks Terrace South Co-OpPhotos from Beaches MLS listings in Fairbanks Terrace South Co-Op; content deemed reliable but not guaranteed.
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, 753 homes are on the market and 10% are under contract — a slower corner of Pompano Beach.
Across Broward County, 14,784 homes are active and 2,812 pending (16% under contract).
In ZIP 33062 (Pompano Beach), 72 homes closed in the last 12 months at a median of $510K ($385/sq ft), down 12.5% year over year, with a median 70 days on market. Right now 22 active and 8 pending listings. 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 2026-11-06, 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.
Fairbanks Terrace South Co-Op on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
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.
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.
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Housing distress & ownership in Fairbanks Terrace South Co-Op, Pompano Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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. Deemed reliable but not guaranteed.
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 Aug 8, 2026 · listed by LoKation
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Pompano Beach guides & data
- Market data
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- Flood zones
- Property taxes (Broward County)
- Homestead exemption (Broward County)
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Florida buyer guides
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- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
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10% 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 (2026-11-07).
What it really costs to own in Fairbanks Terrace South Co-Op
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $5,640/yr across 3 listings here (MLS tax records, 2026-11-07). |
|---|---|
| HOA dues | Median $926/month across 3 MLS listings (most billed quarterly; 2026-11-07). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Broward County is $1,561/yr (35,154 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1963 across 3 listings. An original roof here would be about 63 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Fairbanks Terrace South Co-Op
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Fairbanks Terrace South Co-Op
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Fairbanks Terrace South Co-Op will answer, and the answer is published on this page for the next buyer.
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?
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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: November 6, 2026) |
| Under-contract shares | Beaches MLS records, as of 2026-11-06 |
| Historical depth | Closed-sale records back to 2026 (1 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.
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