Rio Espana
Homes for Sale in Pompano Beach, FL

Rio Espana market snapshot (as of September 20, 2026): the median sale price is about $350K ($334 per sq ft over the trailing 12 months of closed sales), and a median 207 days on market for closed sales. The trailing-12-month median is up 17% from the prior 12 months and up 150% since 2012, computed from record-level Beaches MLS closed sales (3 closings in the current window).

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.

BeachesMLS sales records identify 30 homes in Rio Espana that have changed hands since 2006, built between 1973 and 1985 (median 1981), with a median living area of about 967 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Rio Espana is a quiet Pompano Beach pocket where the median sits at $350K and homes take their time to sell—expect patient negotiation and condition-driven pricing rather than bidding wars.

The long median days on market—over 200—means Rio Espana operates on a different clock than hot-market subdivisions. Homes here attract buyers looking for value in Pompano Beach, and sellers who price aggressively relative to condition wait longer. The per-square-foot median of $334 reflects older housing stock or smaller layouts, so upgrades, finishes, and deferred maintenance create wide pricing variation even within the median band.

Transaction volume is thin; three closings in our window tells you this is a small community or one with limited turnover. That creates opportunity for patient buyers willing to wait for the right property, but it also means comps are sparse and appraisals require careful underwriting. The 16.7% year-over-year gain shows momentum, yet the extended days on market suggests that appreciation is uneven—well-maintained homes move, tired inventory lingers.

MLS data shows no community amenities, so Rio Espana's value proposition rests entirely on location within Pompano Beach and individual property condition. Buyers are paying for proximity to the coast and Broward employment corridors, not clubhouse or pool access. If you need those features, factor the cost of club memberships or public alternatives into your housing budget. Sellers should recognize that without amenity appeal, your home's condition and finishes are the entire marketing story.

Rio Espana's thin transaction volume and long market times demand an agent who prices homes honestly from day one and knows when to advise a buyer to walk. We pull Broward comps aggressively, flag deferred maintenance before you write an offer, and won't let you overpay in a neighborhood where appraisals hinge on a handful of recent sales. For sellers, we stage the condition conversation early—if your home needs work, we price it accordingly or recommend the repairs that move the needle, because 200-plus days on market kills negotiating leverage.

Listings in this community report association dues of about $884 per month ($10,608 a year) — the median AssociationFee across 32 MLS records, normalised to a monthly figure; most are billed monthly. 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.