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 
7030 Sw 5 Ct Single Family 1,994 B
7031 Sw 6 St Single Family 1,774 B
7041 Sw 6 St Single Family 1,794 B
541 Sw 70 Ter Single Family 1,996 B
7040 Sw 5 Ct Single Family 1,897 B
531 Sw 70 Ter Single Family 2,150 B
7031 Sw 5 Ct Single Family 2,082 B
7041 Sw 5 Ct Single Family 1,701 B
551 Sw 70 Ter Single Family 1,935 B
7051 Sw 6 St Single Family 2,094 B
521 Sw 70 Ter Single Family 2,087 B
7051 Sw 5 Ct Single Family 1,821 B
7050 Sw 5 Ct Single Family 1,914 B
600 Sw 70 Ter Single Family 2,032 B
7101 Sw 5 Ct Single Family 2,075 B
540 Sw 70 Ave Single Family 1,477 B
530 Sw 70 Ave Single Family 1,621 B
7101 Sw 6 St Single Family 1,988 B
7030 Sw 5 St Single Family 2,300 B
7040 Sw 5 St Single Family 2,078 B
601 Sw 71 Ave Single Family 1,883 B
550 Sw 70 Ave Single Family 2,564 B
7020 Sw 5 St Single Family 2,088 B
520 Sw 70 Ave Single Family 2,028 B
7050 Sw 5 St Single Family 2,156 B
601 Sw 70 Ter Single Family 1,626 B
7010 Sw 5 St Single Family 1,630 B
7111 Sw 5 Ct Single Family 1,489 B
510 Sw 70 Ave Single Family 1,727 B
7100 Sw 5 Ct Single Family 1,886 B
610 Sw 70 Ter Single Family 1,765 B
7100 Sw 5 St Single Family 2,029 B
7111 Sw 6 St Single Family 1,848 B
611 Sw 71 Ave Single Family 1,748 B
600 Sw 70 Ave Single Family 1,586 B
611 Sw 70 Ter Single Family 1,690 B
600 Sw 71 Ave Single Family 2,226 B
500 Sw 70 Ave Single Family 1,840 B
7110 Sw 5 St Single Family 2,021 B
7121 Sw 5 Ct Single Family 2,055 B
7110 Sw 5 Ct Single Family 1,755 B
620 Sw 70 Ter Single Family 1,670 B
7121 Sw 6 St Single Family 1,974 B
420 Sw 70 Ter Single Family 1,794 B
621 Sw 71 Ave Single Family 1,362 B
610 Sw 70 Ave Single Family 1,945 B
541 Sw 70 Ave Single Family 1,729 B
610 Sw 71 Ave Single Family 1,778 B

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 42 of all properties in this area. This suggests it would appeal to someone earning around $76,742 per year who should qualify for a mortgage between $153,484 and $191,855.

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 42 of all properties in this area. This corresponds to a rent of $1,413 per month and a monthly household income of $4,429 ($53,148 per year)

Nearby Companies

Beauvais Group Home Inc.
621 Sw 70th Ter
Vinny'S Sign'S, Inc.
621 Sw 70th Ave
Contreras Coalition LLC
630 Sw 70th Ave
Competition Rigging, Inc.
601 Sw 71 Terrace
Ca Tub Reglaze Corp
7101 Sw 6 St
Seema Management 2 Inc
631 Sw 71st Ave
R3b3l4lif3 LLC
7041 Sw 6 St
Denis Pro Kitchen, LLC
7041 Sw 6 St
Disclaimers and Disclosures

Public Records Data

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