242 Nw 86 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%.
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 | |
|---|---|---|---|---|
| 264 Nw 86 Ter | Single Family | 2,608 | B |
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| 226 Nw 86 Ter | Single Family | 3,107 | B |
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| 237 Nw 86 Ter | Single Family | 2,368 | B |
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| 220 Nw 86 Ter | Single Family | 2,791 | B |
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| 280 Nw 86 Ter | Single Family | 2,687 | B |
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| 8595 Nw 2 Mnr | Single Family | 3,202 | B |
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| 299 Nw 87 Ter | Single Family | 3,122 | B |
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| 313 Nw 87 Ter | Single Family | 2,637 | B |
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| 273 Nw 87 Ter | Single Family | 2,525 | B |
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| 215 Nw 86 Ter | Single Family | 2,528 | B |
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| 208 Nw 86 Ter | Single Family | 2,885 | B |
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| 331 Nw 87 Ter | Single Family | 2,629 | B |
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| 8577 Nw 2 Mnr | Single Family | 2,504 | B |
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| 299 Nw 86 Ter | Single Family | 2,865 | B |
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| 8588 Nw 2 Mnr | Single Family | 2,188 | B |
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| 288 Nw 86 Ter | Single Family | 3,172 | B |
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| 257 Nw 87 Ter | Single Family | 3,018 | B |
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| 8597 Nw 2 St | Single Family | 2,074 | B |
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| 200 Nw 86 Ter | Single Family | 2,894 | B |
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| 357 Nw 87 Ter | Single Family | 3,165 | B |
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| 8566 Nw 2 Mnr | Single Family | 2,469 | B |
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| 8593 Nw 3 St | Single Family | 1,943 | B |
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| 8562 Nw 3 St | Single Family | 2,833 | B |
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| 8555 Nw 2 Mnr | Single Family | 2,629 | B |
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| 231 Nw 87 Ter | Single Family | 3,123 | B |
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| 302 Nw 87 Ter | Single Family | 3,484 | B |
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| 280 Nw 87 Ter | Single Family | 2,470 | B |
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| 8573 Nw 2 St | Single Family | 3,168 | B |
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| 8588 Nw 2 St | Single Family | 2,343 | B |
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| 8575 Nw 3 St | Single Family | 2,099 | B |
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| 375 Nw 87 Ter | Single Family | 2,547 | B |
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| 324 Nw 87 Ter | Single Family | 2,793 | B |
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| 8546 Nw 3 St | Single Family | 2,761 | B |
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| 246 Nw 87 Ter | Single Family | 2,694 | B |
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| 8544 Nw 2 Mnr | Single Family | 2,216 | B |
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| 8533 Nw 2 Mnr | Single Family | 2,766 | B |
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| 211 Nw 87 Ter | Single Family | 2,667 | B |
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| 8560 Shadow Ct | Condominium | 1,320 | B |
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| 8551 Nw 3 St | Single Family | 2,171 | B |
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| 8559 Nw 2 St | Single Family | 2,083 | B |
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| 8586 Nw 2 St | Single Family | 2,692 | B |
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| 346 Nw 87 Ter | Single Family | 3,213 | B |
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| 8564 Shadow Ct | Condominium | 1,320 | B |
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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 72 of all properties in this area. This suggests it would appeal to someone earning around $130,799 per year who should qualify for a mortgage between $261,598 and $326,998.
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 72 of all properties in this area. This corresponds to a rent of $1,712 per month and a monthly household income of $5,122 ($61,464 per year)
Nearby Companies
8582 Nw 2nd St
288 Northwest 86th Ter
8546 Nw 3rd St
8546 Nw 3rd St
288 Nw 86th Ter
8562 Nw 3rd St