Terra Mar Island Estates market snapshot (as of June 15, 2026): the median sale price is about $2.4M ($1049 per sq ft), with homes averaging 135 days on market and 7.2 months of supply, a buyer-leaning market. Based on 5 recent closings in live BeachesMLS data.
Terra Mar Island Estates is a private island community in Pompano Beach, ZIP 33062, of about 185 luxury single-family homes, reached over a bridge to a manned-gated entrance or by boat, surrounded by the Intracoastal Waterway and a deep-water canal.
Many homes sit directly on the Intracoastal or a deepwater canal with direct ocean access and no fixed bridges, a boater's draw, and residents have exclusive access to a private, deeded beach club pavilion with barbecue facilities, showers, and picnic areas. The architecture spans older Florida designs to newly constructed and extensively renovated contemporary estates, dating to 1954.
Because this is an exclusive waterfront island, the waterfront position, the canal depth, and any dock are what move value, and the no-fixed-bridges ocean access and private beach club are scarce assets. The deal is made on an honest read of the seawall, the dock, the flood zone, and a specific estate's condition.