Broward County Real Estate - Hollywood

Hollywood

Hollywood is located in Broward County, Florida. Top employers are Memorial Healthcare System, The Continental Group, City of Hollywood, Westin Diplomat Resort and Spa, Memorial Regional Hospital South, and BrandsMart USA. HEICO and Invicta Watch Group both have their headquarters in Hollywood.

Hollywood is in South East Florida. It's population as recorded in the 2010 Census was 140,768.

The median age for residents of Hollywood is 41.1. Around 28.3% of Hollywood households include school aged children and 27.3% of households include individuals aged 65 years or over. Census records indicate 72.6% of the Hollywood population are White, 16.7% are Black or African American, .3% American Indian, 2.4% Asian and 3.2% are Two or more Races. Hollywood has a significant Hispanic population. 32.5% (45,825) of Hollywood residents are of Hispanic or Latino origin. Of these 4.29% are of Mexican origin, 19.24% Puerto Rican, 20.2% Cuban and 56.25% are of other Hispanic or Latino origin.

There are 71,070 housing units in Hollywood. 12,632 (17.7%) of these were reported as vacant in the 2010 Census. Hollywood is a tourist destination, 45.7% (5,774) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 26,933 residential rental units in Hollywood. 23,588 of them were occupied in 2010 providing a residential rental vacancy rate of 12%.

Hollywood links:

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

AddressTypeSq FtClass 
5641 Raleigh St Single Family 844 B
5631 Raleigh St Single Family 1,143 B
5636 Farragut St Single Family 886 B
5630 Farragut St Single Family 854 B
5640 Farragut St Single Family 995 B
5701 Raleigh St Single Family 918 B
5627 Raleigh St Single Family 881 B
5636 Raleigh St Single Family 1,120 B
5626 Farragut St Single Family 918 B
5700 Farragut St Single Family 883 B
5640 Raleigh St Single Family 1,188 B
5630 Raleigh St Single Family 1,123 B
5707 Raleigh St Single Family 1,250 B
5621 Raleigh St Single Family 908 B
5700 Raleigh St Single Family 935 B
5626 Raleigh St Single Family 1,006 B
5620 Farragut St Single Family 1,601 B
5706 Farragut St Single Family 918 B
5706 Raleigh St Single Family 1,063 B
5620 Raleigh St Single Family 1,056 B
5711 Raleigh St Single Family 953 B
5615 Raleigh St Single Family 1,453 B
5637 Hood St Single Family 938 B
5641 Hood St Single Family 908 B
5631 Hood St Single Family 1,232 B
5614 Farragut St Single Family 988 B
5710 Farragut St Single Family 918 B
5637 Farragut St Single Family 782 B
5631 Farragut St Single Family 1,118 B
5641 Farragut St Single Family 971 B
5701 Hood St Single Family 1,177 B
5627 Hood St Single Family 976 B
5710 Raleigh St Single Family 1,006 B
5614 Raleigh St Single Family 1,006 B
5627 Farragut St Single Family 908 B
5701 Farragut St Single Family 1,470 B
5715 Raleigh St Single Family 1,116 B
5611 Raleigh St Single Family 968 B
5707 Hood St Single Family 1,049 B
5621 Hood St Single Family 1,151 B
5610 Farragut St Single Family 918 B
5714 Farragut St Single Family 1,909 B
5621 Farragut St Single Family 962 B
5707 Farragut St Single Family 1,119 B
5714 Raleigh St Single Family 1,212 B
5610 Raleigh St Single Family 908 B
5711 Hood St Single Family 1,254 B
5615 Hood St Single Family 1,089 B
5615 Farragut St Single Family 1,663 B

Local Household Income

The median household income in this part of Florida is $59,157. The bottom 10% of the population earn less than $15,502 per year. The top 10% earn more than $169,823 per year. The top 1% earn more than $510,625 per year. Most renters earn between $29,088 (20th percentile) and $54,276 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,314 and $147,893.

The tax assessed value of this property places it in percentile 16 of all properties in this area. This suggests it would appeal to someone earning around $21,360 per year who should qualify for a mortgage between $42,720 and $53,400.

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 $1,103. Most renters earn between $2,424 and $4,523 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $806 (20th percentile) to $1,561 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 16 of all properties in this area. This corresponds to a rent of $752 per month and a monthly household income of $2,270 ($27,240 per year)

Nearby Companies

Doyka Transportation LLC
5637 Raleigh St
Oslo Automotive, LLC
5637 Raleigh St
Upgrade Automotive LLC
5637 Raleigh St
Riky'S Enterprises, Inc.
5606 Raleigh St
Scott Sigmon, LLC
5727 Farragut St
5721 Farragut St LLC
5721 Farragut St
Aladin Services LLC
5706 Farragut St
New Generation Trees, LLC
5711 Farragut St
M&M Fiber Optic LLC
5711 Farragut St
5714 Simms St LLC
5714 Simms St
Euro Stone & Tile Corp
5714 Simms St
Disclaimers and Disclosures

Public Records Data

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