6243 Island Way, Margate
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%.
Pompano Beach 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 | |
|---|---|---|---|---|
| 6237 Island Way | Single Family | 2,326 | B |
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| 6249 Island Way | Single Family | 1,654 | B |
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| 6231 Island Way | Single Family | 1,410 | B |
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| 6255 Island Way | Single Family | 1,654 | B |
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| 3071 Martello Dr | Single Family | 1,716 | B |
|
| 6261 Island Way | Single Family | 1,654 | B |
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| 6225 Island Way | Single Family | 1,654 | B |
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| 3074 Martello Dr | Single Family | 1,517 | B |
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| 6215 Vista Del Mar | Single Family | 1,575 | B |
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| 3067 Martello Dr | Single Family | 1,700 | B |
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| 3042 San Carlos Dr | Single Family | 1,694 | B |
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| 3070 Martello Dr | Single Family | 1,620 | B |
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| 6267 Island Way | Single Family | 1,183 | B |
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| 6214 Vista Del Mar | Single Family | 2,331 | B |
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| 6225 Vista Del Mar | Single Family | 1,617 | B |
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| 6219 Island Way | Single Family | 2,003 | B |
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| 3038 San Carlos Dr | Single Family | 1,555 | B |
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| 3063 Martello Dr | Single Family | 2,003 | B |
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| 3087 Doubloon Dr | Single Family | 1,617 | B |
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| 3066 Martello Dr | Single Family | 1,620 | B |
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| 6235 Vista Del Mar | Single Family | 1,945 | B |
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| 6224 Vista Del Mar | Single Family | 1,739 | B |
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| 6273 Island Way | Single Family | 1,333 | B |
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| 3083 Doubloon Dr | Single Family | 1,700 | B |
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| 3034 San Carlos Dr | Single Family | 1,555 | B |
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| 6262 Harbor Bnd | Single Family | 2,283 | B |
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| 3059 Martello Dr | Single Family | 2,326 | B |
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| 3062 Martello Dr | Single Family | 1,700 | B |
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| 6245 Vista Del Mar | Single Family | 2,117 | B |
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| 6234 Vista Del Mar | Single Family | 2,117 | B |
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| 3079 Doubloon Dr | Single Family | 1,694 | B |
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| 3043 San Carlos Dr | Single Family | 1,694 | B |
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| 6213 Island Way | Single Family | 2,003 | B |
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| 6272 Harbor Bnd | Single Family | 2,117 | B |
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| 6279 Island Way | Single Family | 1,417 | B |
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| 3030 San Carlos Dr | Single Family | 2,326 | B |
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| 6256 Harbor Bnd | Single Family | 2,105 | B |
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| 3039 San Carlos Dr | Single Family | 1,405 | B |
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| 6213 Flores Del Mar | Single Family | 2,117 | B |
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| 3058 Martello Dr | Single Family | 1,694 | B |
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| 3055 Martello Dr | Single Family | 2,003 | B |
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| 3075 Doubloon Dr | Single Family | 1,620 | B |
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| 3090 Doubloon Dr | Single Family | 1,654 | B |
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| 6255 Vista Del Mar | Single Family | 1,608 | B |
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| 6244 Vista Del Mar | Single Family | 1,945 | B |
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| 6223 Flores Del Mar | Single Family | 1,739 | B |
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| 3026 San Carlos Dr | Single Family | 1,885 | B |
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| 6282 Island Way | Single Family | 1,700 | B |
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| 3086 Doubloon Dr | Single Family | 2,054 | B |
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Local Household Income
The median household income in this part of Florida is $61,545. The bottom 10% of the population earn less than $21,166 per year. The top 10% earn more than $141,056 per year. The top 1% earn more than $347,811 per year. Most renters earn between $37,476 (20th percentile) and $58,572 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $123,090 and $153,863.
The tax assessed value of this property places it in percentile 70 of all properties in this area. This suggests it would appeal to someone earning around $90,679 per year who should qualify for a mortgage between $181,358 and $226,698.
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 $1,297. Most renters earn between $3,123 and $4,881 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,015 (20th percentile) to $1,595 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 70 of all properties in this area. This corresponds to a rent of $1,493 per month and a monthly household income of $4,486 ($53,832 per year)
Nearby Companies
3085 Sunset Ln
3086 Doubloon Dr
3094 Sunset Ln
3094 Sunset Ln
6243 Island Way
6243 Island Way
6243 Island Way
6262 Harbor Bnd
3074 Martello Dr
6234 Vista Del Mar
6285 Ocean Dr
3101 Vista Del Mar
3101 Vista Del Mar
6224 Duval Dr
6224 Duval Dr
6211 Duval Dr
3034 Sunset Ln
3058 Sunset Ln
3079 Doubloon Dr
6254 Duval Dr
6254 Duval Dr
6254 Duval Dr
6290 Duval Dr
702 S Varr Ave
6272 Duval Dr
3018 San Carlo Dr
3031 San Carlos Dr
3043 San Carlos Dr
3043 San Carlos Dr
3026 San Carlos Dr
3039 San Carlos Dr
3067 Martello Dr
6282 Harbor Bnd
6255 Island Way