3161 S Ocean Dr, Hallandale Beach
Broward County Real Estate - Hallandale
Hallandale is in South East Florida. Hallandale is approximately 14 miles from Miami (population 399,457) and around 12 miles from Hialeah (population 224,669).
Hallandale links:
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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 | |
---|---|---|---|---|
3177 S Ocean Dr | Cooperative | 1,088 | B | |
3199 S Ocean Dr | Condominium | 1,200 | B | |
3133 S Ocean Dr | Cooperative | 1,000 | B | |
3135 S Ocean Dr | Cooperative | 750 | B | |
3180 S Ocean Dr | Condominium | 1,422 | B | |
3140 S Ocean Dr | Condominium | 900 | B | |
3129 S Ocean Dr | Cooperative | 1,000 | B | |
3131 S Ocean Dr | Cooperative | 1,000 | B | |
3127 S Ocean Dr | Cooperative | 900 | B | |
3121 S Ocean Dr | Cooperative | 800 | B | |
688 Ocean Blvd | Single Family | 5,100 | B | |
2080 S Ocean Dr | Condominium | 1,470 | B | |
2100 S Ocean Dr | Condominium | 2,161 | B | |
2076 S Ocean Dr | Cooperative | 1,242 | B | |
3113 S Ocean Dr | Condominium | 1,250 | B | |
693 Golden Beach Dr | Single Family | 5,462 | B |
Local Household Income
The median household income in this part of Florida is $52,730. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $139,950 per year. The top 1% earn more than $421,659 per year. Most renters earn between $27,744 (20th percentile) and $50,700 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,460 and $131,825.
The tax assessed value of this property places it in percentile 55 of all properties in this area. This suggests it would appeal to someone earning around $59,266 per year who should qualify for a mortgage between $118,532 and $148,165.
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 $1,055. Most renters earn between $2,312 and $4,225 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $789 (20th percentile) to $1,495 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 55 of all properties in this area. This corresponds to a rent of $1,107 per month and a monthly household income of $3,106 ($37,272 per year)
Nearby Companies
1904 South Ocean Dr
1904 South Ocean Dr
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1880 South Ocean Dr
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1850 S Ocean Dr
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1800 South Ocean Dr
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1800 S Ocean Drive #3607
1800 South Ocean Dr
1830 S Ocean Drive Apt 2009
3113 Socean Dr
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3113 S Ocean Dr Apt 409
2080 S Ocean Dr
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3161 S Ocean Dr #1509
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2080 S Ocean Dr
3209 South Ocean Blvd #5k
3140 S Ocean Dr
3189 South Ocean Dr
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3177 S Ocean Dr
3161 S Ocean Dr
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3161 S Ocean Dr #601
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3140 S Ocean Dr Ste 1109
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3180 S Ocean Drive #1616
415 52nd Avenue South
3180 South Ocean Drive Apartment 417
3140 South Ocean Dr
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683 Ocean Blvd
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688 Ocean Blvd
688 Ocean Blvd
3199 S Ocean Dr
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3180 S Ocean Drive Apt 507
3180 South Ocean Drive #901