Terra Mar Island Estates Homes for Sale

Terra Mar Island Estates is a luxury gated, luxury community in Pompano Beach, Broward County, Florida. Properties are priced from $1,400,000 to $3,800,000. Pure Equity lists homes in Terra Mar Island Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Terra Mar Island Estates and the Pompano Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Terra Mar Island Estates Pompano Beach homes for sale as of October 2026. The median asking price is $1.69M. Asking prices run from $1.47M to $1.9M.

That is 368% above the Pompano Beach median of $360,000. On a per-foot basis, homes here ask about $786 per square foot, compared with $308 across Pompano Beach. So the median price buys roughly 2,150 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 155 days on the market. That tracks the Pompano Beach average of 139 days, so pricing and terms follow the wider city market.

Homes listed in Terra Mar Island Estates date from 1968 to 2007. That puts them between 19 and 58 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Terra Mar Island Estates is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

At a median near $1.69M, Terra Mar Island Estates sits in the luxury tier of Pompano Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Terra Mar Island Estates have a median asking rent of $4,500 per month, across 1 active rental listing. For comparison, the Pompano Beach median is $2,500, so rents here run 80% higher.

You can browse current Pompano Beach rentals or ask us for a rent estimate on a specific Terra Mar Island Estates home.

Here is what the median Terra Mar Island Estates price means in Florida closing terms. At $1.69M, a 20% down payment comes to about $337,000, leaving a loan near $1.35M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $4,721. Next, the intangible tax of 0.2% adds about $2,698. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Terra Mar Island Estates median, that is about $11,802.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Terra Mar Island Estates listings show assignments to McNab (elementary), Pompano Beach (middle) and Blanche Ely (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.