1971 Sw 124 Way, Miramar
Broward County Real Estate - Pembroke Pines
Pembroke Pines is in South East Florida. It's population as recorded in the 2010 Census was 154,750.
The median age for residents of Pembroke Pines is 39.5. Around 37.5% of Pembroke Pines households include school aged children and 30.7% of households include individuals aged 65 years or over. Census records indicate 67.2% of the Pembroke Pines population are White, 19.8% are Black or African American, .2% American Indian, 4.9% Asian and 3.2% are Two or more Races. Pembroke Pines has a significant Hispanic population. 41.3% (64,061) of Pembroke Pines residents are of Hispanic or Latino origin. Of these 2.58% are of Mexican origin, 16.37% Puerto Rican, 30.94% Cuban and 50.08% are of other Hispanic or Latino origin.
There are 61,703 housing units in Pembroke Pines. 4,830 (7.8%) of these were reported as vacant in the 2010 Census. There are 14,882 residential rental units in Pembroke Pines. 13,777 of them were occupied in 2010 providing a residential rental vacancy rate of 7%.
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Broward County
Broward County is part of the southeast Florida region along with Miami-Dade, Indian River, St. Lucie, Martin, Palm Beach, and Monroe counties. Broward County has 29 recognized cities and towns, the largest being Fort Lauderdale, Pembroke Pines, and Hollywood. 95% of the properties in Broward County are residential, implying that it is a largely suburban area. Broward County is centrally located between major metropolitan areas in Miami-Dade and Palm Beach Counties. The county?s population is over 1.5 million, making it the second most populous in Florida.
Broward County identified these industries as focuses for its expansion efforts: advanced materials and High-Tech Manufacturing, aviation/aerospace, international trade, marine industries, and headquarters and management operations. Major private sector employers are American Express, Nova Southeastern University, AutoNation, Kaplan Higher Education, and The Answer Group. Top public employers are Broward County School District, Broward County Government, North Broward Hospital District, Memorial Healthcare System, and the City of Fort Lauderdale.
Port Everglades and Fort Lauderdale-Hollywood International Airport are major contributors to the region?s economy. Port Everglades is the third most trafficked port for cruise passengers in the nation. It is also a major destination for container cargo and imported petroleum. FLL is the 21st-busiest airport in the United States and the Florida Department of Transportation estimates its economic impact at $10.6 billion.
The county seat and largest city, with a population over 165,000, is Fort Lauderdale. The eighth-largest city in the state is a travel destination, especially for LGBT tourists. Fort Lauderdale and the adjacent Wilton Manors are among the most friendly cities to LGBT people and are among the cities with the highest proportions of same-sex couples.
Nova Southeastern University is a major private school located in the suburb of Davie. Broward College has campuses throughout the county. City College and the Art Institute of Fort Lauderdale are located in the city, as are satellite campuses of Florida Atlantic University and Florida International University.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1961 Sw 124 Way | Single Family | 2,033 | B |
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| 12410 Sw 20 St | Single Family | 2,417 | B |
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| 1941 Sw 124 Way | Single Family | 1,786 | B |
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| 12420 Sw 20 St | Single Family | 2,177 | B |
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| 12529 Sw 21 St | Single Family | 3,545 | B |
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| 12509 Sw 21 St | Single Family | 3,254 | B |
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| 1940 Sw 124 Way | Single Family | 1,825 | B |
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| 12549 Sw 21 St | Single Family | 3,200 | B |
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| 1921 Sw 124 Way | Single Family | 1,868 | B |
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| 12430 Sw 20 St | Single Family | 2,824 | B |
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| 12569 Sw 21 St | Single Family | 3,613 | B |
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| 1920 Sw 124 Way | Single Family | 1,958 | B |
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| 1961 Sw 125 Ave | Single Family | 2,737 | B |
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| 1901 Sw 124 Way | Single Family | 2,084 | B |
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| 12440 Sw 20 St | Single Family | 2,470 | B |
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| 1941 Sw 125 Ave | Single Family | 1,786 | B |
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| 12589 Sw 21 St | Single Family | 3,541 | B |
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| 1900 Sw 124 Way | Single Family | 2,012 | B |
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| 12508 Sw 21 St | Single Family | 3,832 | B |
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| 1921 Sw 125 Ave | Single Family | 2,417 | B |
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| 12500 Sw 20 St | Single Family | 1,868 | B |
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| 1861 Sw 124 Way | Single Family | 1,868 | B |
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| 12609 Sw 21 St | Single Family | 3,104 | B |
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| 12548 Sw 21 St | Single Family | 3,832 | B |
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| 1860 Sw 124 Way | Single Family | 2,470 | B |
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| 1901 Sw 125 Ave | Single Family | 1,980 | B |
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| 12528 Sw 21 St | Single Family | 3,545 | B |
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| 12568 Sw 21 St | Single Family | 3,613 | B |
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| 12510 Sw 20 St | Single Family | 2,386 | B |
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| 1841 Sw 124 Way | Single Family | 2,014 | B |
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| 12588 Sw 21 St | Single Family | 3,832 | B |
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| 1960 Sw 125 Ave | Single Family | 2,337 | B |
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| 12629 Sw 21 St | Single Family | 3,256 | B |
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| 1840 Sw 124 Way | Single Family | 1,868 | B |
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| 1861 Sw 125 Ave | Single Family | 2,033 | B |
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| 12608 Sw 21 St | Single Family | 3,914 | B |
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| 1920 Sw 125 Ave | Single Family | 1,786 | B |
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Local Household Income
The median household income in this part of Florida is $87,115. The bottom 10% of the population earn less than $27,136 per year. The top 10% earn more than $202,982 per year. The top 1% earn more than $512,338 per year. Most renters earn between $42,576 (20th percentile) and $72,900 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $174,230 and $217,788.
The tax assessed value of this property places it in percentile 75 of all properties in this area. This suggests it would appeal to someone earning around $134,875 per year who should qualify for a mortgage between $269,750 and $337,188.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,506. Most renters earn between $3,548 and $6,075 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,076 (20th percentile) to $1,953 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 75 of all properties in this area. This corresponds to a rent of $1,874 per month and a monthly household income of $5,680 ($68,160 per year)
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