6112 Coral Lake Dr, 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%.

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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

AddressTypeSq FtClass 
6111 Coral Lake Dr Condominium 1,090 B
6110 Coral Lake Dr Condominium 1,090 B
6109 Coral Lake Dr Condominium 1,090 B
6201 Coral Lake Dr Condominium 1,090 B
6108 Coral Lake Dr Condominium 1,090 B
6202 Coral Lake Dr Condominium 1,090 B
6107 Coral Lake Dr Condominium 990 B
6203 Coral Lake Dr Condominium 1,090 B
6723 Coral Lake Dr Condominium 1,090 A
6725 Coral Lake Dr Condominium 1,090 A
6726 Coral Lake Dr Condominium 1,090 A
6727 Coral Lake Dr Condominium 1,090 A
6722 Coral Lake Dr Condominium 1,090 A
6721 Coral Lake Dr Condominium 1,090 A
6720 Coral Lake Dr Condominium 1,090 A
6724 Coral Lake Dr Condominium 1,090 A
6204 Coral Lake Dr Condominium 1,090 B
6106 Coral Lake Dr Condominium 990 B
6717 Coral Lake Dr Condominium 1,090 A
6718 Coral Lake Dr Condominium 990 A
6719 Coral Lake Dr Condominium 990 A
6715 Coral Lake Dr Condominium 1,090 A
6716 Coral Lake Dr Condominium 1,090 A
6714 Coral Lake Dr Condominium 1,090 A
6713 Coral Lake Dr Condominium 1,090 A
6730 Coral Lake Dr Condominium 990 A
6731 Coral Lake Dr Condominium 990 A
6728 Coral Lake Dr Condominium 1,090 A
6729 Coral Lake Dr Condominium 1,090 A
6732 Coral Lake Dr Condominium 1,090 A
6735 Coral Lake Dr Condominium 1,090 A
6734 Coral Lake Dr Condominium 1,090 A
6733 Coral Lake Dr Condominium 1,090 A
6736 Coral Lake Dr Condominium 1,090 A
6205 Coral Lake Dr Condominium 1,090 B
6105 Coral Lake Dr Condominium 1,090 B
6206 Coral Lake Dr Condominium 990 B
6104 Coral Lake Dr Condominium 1,090 B
6103 Coral Lake Dr Condominium 1,090 B
6207 Coral Lake Dr Condominium 990 B
6102 Coral Lake Dr Condominium 1,090 B
6208 Coral Lake Dr Condominium 1,090 B
6101 Coral Lake Dr Condominium 1,090 B
6209 Coral Lake Dr Condominium 1,090 B
6210 Coral Lake Dr Condominium 1,090 B
5231 Nw 26 Ct Single Family 1,997 B
6211 Coral Lake Dr Condominium 1,090 B
5220 Nw 27 St Single Family 2,220 B
5220 Nw 26 Ct Single Family 1,729 B

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 12 of all properties in this area. This suggests it would appeal to someone earning around $23,576 per year who should qualify for a mortgage between $47,152 and $58,940.

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 12 of all properties in this area. This corresponds to a rent of $907 per month and a monthly household income of $2,776 ($33,312 per year)

Nearby Companies

Coral Gate, LLC
6700 Coral Lake Dr
Disclaimers and Disclosures

Public Records Data

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