5481 Nw 87 Ter, Coral Springs
Broward County Real Estate - Pompano Beach
Pompano Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,845.
The median age for residents of Pompano Beach is 42.7. Around 23.7% of Pompano Beach households include school aged children and 33.8% of households include individuals aged 65 years or over. Census records indicate 62.6% of the Pompano Beach population are White, 28.8% are Black or African American, .2% American Indian, 1.3% Asian and 2.3% are Two or more Races.
There are 55,885 housing units in Pompano Beach. 13,703 (24.5%) of these were reported as vacant in the 2010 Census. Pompano Beach is a tourist destination, 55.6% (7,621) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 20,183 residential rental units in Pompano Beach. 17,190 of them were occupied in 2010 providing a residential rental vacancy rate of 14.4%.
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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 | |
---|---|---|---|---|
5445 Nw 87 Ter | Single Family | 3,659 | B | |
5501 Nw 87 Ter | Single Family | 2,691 | B | |
5464 Nw 86 Way | Single Family | 3,367 | B | |
5476 Nw 86 Way | Single Family | 3,158 | B | |
5452 Nw 86 Way | Single Family | 2,689 | B | |
5474 Nw 87 Ter | Single Family | 2,686 | B | |
5454 Nw 87 Ter | Single Family | 3,622 | B | |
5504 Nw 86 Way | Single Family | 3,062 | B | |
5513 Nw 87 Ter | Single Family | 2,473 | B | |
5423 Nw 87 Ter | Single Family | 2,743 | B | |
5440 Nw 86 Way | Single Family | 2,972 | B | |
5434 Nw 87 Ter | Single Family | 2,687 | B | |
5514 Nw 87 Ter | Single Family | 3,252 | B | |
5512 Nw 86 Way | Single Family | 3,117 | B | |
5477 Nw 88 Ter | Single Family | 2,710 | B | |
5414 Nw 87 Ter | Single Family | 3,439 | B | |
5455 Nw 86 Way | Single Family | 2,887 | B | |
5433 Nw 86 Way | Single Family | 2,884 | B | |
5455 Nw 88 Ter | Single Family | 2,971 | B | |
5511 Nw 88 Ter | Single Family | 2,743 | B | |
5477 Nw 86 Way | Single Family | 3,147 | B | |
5411 Nw 86 Way | Single Family | 2,711 | B | |
5433 Nw 88 Ter | Single Family | 2,595 | B | |
8751 Nw 55 Pl | Single Family | 2,600 | B | |
8702 Nw 54 St | Single Family | 3,584 | B | |
8779 Nw 55 Pl | Single Family | 2,596 | B | |
8674 Nw 54 St | Single Family | 3,186 | B | |
8733 Nw 55 Pl | Single Family | 2,645 | B | |
5501 Nw 86 Way | Single Family | 2,855 | B | |
8716 Nw 54 St | Single Family | 2,806 | B | |
5411 Nw 88 Ter | Single Family | 3,269 | B | |
8660 Nw 54 St | Single Family | 3,255 | B | |
8795 Nw 55 Pl | Single Family | 3,198 | B | |
8730 Nw 54 St | Single Family | 3,731 | B | |
8715 Nw 55 Pl | Single Family | 2,989 | B | |
5420 Nw 86 Ter | Single Family | 3,370 | B | |
8642 Nw 55 Pl | Single Family | 2,915 | B | |
5434 Nw 86 Ter | Single Family | 3,035 | B | |
8646 Nw 54 St | Single Family | 3,211 | B | |
5406 Nw 86 Ter | Single Family | 3,283 | B | |
8744 Nw 54 St | Single Family | 3,110 | B | |
5448 Nw 86 Ter | Single Family | 3,414 | B | |
8820 Nw 55 Pl | Single Family | 2,691 | B | |
5466 Nw 88 Ter | Single Family | 2,713 | B | |
8766 Nw 54 St | Single Family | 3,049 | B | |
8632 Nw 54 St | Single Family | 3,125 | B | |
5444 Nw 88 Ter | Single Family | 3,532 | B |
Local Household Income
The median household income in this part of Florida is $84,666. The bottom 10% of the population earn less than $25,890 per year. The top 10% earn more than $201,431 per year. The top 1% earn more than $564,745 per year. Most renters earn between $37,260 (20th percentile) and $67,668 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $169,332 and $211,665.
The tax assessed value of this property places it in percentile 88 of all properties in this area. This suggests it would appeal to someone earning around $187,640 per year who should qualify for a mortgage between $375,280 and $469,100.
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 $1,411. Most renters earn between $3,105 and $5,639 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,889 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 88 of all properties in this area. This corresponds to a rent of $2,160 per month and a monthly household income of $6,465 ($77,580 per year)
Nearby Companies
8632 Nw 54th St
5414 Nw 87th Ter
5422 Nw 88th Ter
5455 Nw 86th Way
5455 Nw 86 Way
5501 Nw 86th Way
5504 Nw 86 Way
8733 N W 55th Pl
8730 Nw 54th St