29 Ne 24 Ave, Pompano Beach
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 | |
---|---|---|---|---|
31 Ne 24 Ave | Single Family | 1,416 | A | |
33 Ne 24 Ave | Single Family | 2,144 | A | |
35 Ne 24 Ave | Single Family | 2,144 | A | |
37 Ne 24 Ave | Single Family | 2,144 | A | |
2312 Ne 2 St | Single Family | 1,416 | A | |
39 Ne 24 Ave | Single Family | 1,416 | A | |
2310 Ne 2 St | Single Family | 1,416 | A | |
2308 Ne 2 St | Single Family | 1,416 | A | |
41 Ne 24 Ave | Single Family | 1,416 | A | |
2306 Ne 2 St | Single Family | 1,416 | A | |
2304 Ne 2 St | Single Family | 2,144 | A | |
24 Ne 24 Ave | Office building, non-professional service building, one story | 10,629 | B | |
2302 Ne 2 St | Single Family | 2,144 | A | |
2300 Ne 2 St | Single Family | 1,416 | A | |
30 Ne 23 Ave | Single Family | 1,416 | A | |
2335 E Atlantic Blvd | Financial institution (bank, saving and loan company, mortgage company, credit services) | 954 | B | |
32 Ne 23 Ave | Single Family | 1,416 | A | |
34 Ne 23 Ave | Single Family | 2,144 | A | |
36 Ne 23 Ave | Single Family | 2,144 | A | |
38 Ne 23 Ave | Single Family | 2,144 | A | |
40 Ne 23 Ave | Single Family | 1,416 | A | |
42 Ne 23 Ave | Single Family | 1,416 | A | |
Ne 25 Ave | Parking lot (commercial or patron) or mobile home park | 0 | B | |
2317 Ne 2 St | Multi-family - less than 10 units | 4,339 | B | |
2313 Ne 2 St | Multi-family - 10 units or more | 7,065 | B | |
23 Ne 25 Ave | Parking lot (commercial or patron) or mobile home park | 0 | B | |
35 Ne 25 Ave | Professional service building | 2,991 | B | |
2401 E Atlantic Blvd | Office building, non-professional service building, multi-story | 27,728 | B | |
2305 Ne 2 St | Multi-family - less than 10 units | 2,204 | B | |
2240 Ne 2 St | Single Family | 2,501 | A | |
2401 Ne 2 St | Privately owned hospital | 18,314 | B | |
2244 Ne 2 St | Single Family | 2,501 | A | |
2248 Ne 2 St | Single Family | 2,462 | A | |
2252 Ne 2 St | Single Family | 3,060 | A | |
2301 Ne 2 St | Multi-family - less than 10 units | 4,100 | B | |
31 Ne 23 St | Multi-family - less than 10 units | 2,667 | B | |
27 Ne 23 Ave | Multi-family - less than 10 units | 2,700 | B | |
23 Ne 23 Ave | Multi-family - less than 10 units | 2,218 | B | |
19 Ne 23 Ave | Multi-family - less than 10 units | 2,700 | B | |
205 Ne 24 Ave | Single Family | 1,277 | B | |
2413 Ne 2 St | Multi-family - less than 10 units | 2,063 | B | |
2236 Ne 2 St | Single Family | 2,522 | A | |
2232 Ne 2 St | Single Family | 2,501 | A | |
2228 Ne 2 St | Single Family | 2,516 | A | |
2224 Ne 2 St | Single Family | 2,501 | A | |
2313 E Atlantic Blvd | Office building, non-professional service building, one story | 2,553 | B | |
206 Ne 24 Ave | Multi-family - less than 10 units | 2,072 | A | |
208 Ne 23 Ave | Multi-family - less than 10 units | 2,400 | B | |
2305 E Atlantic Blvd | Office building, non-professional service building, one story | 3,887 | B |
Local Household Income
The median household income in this part of Florida is $56,949. The bottom 10% of the population earn less than $16,557 per year. The top 10% earn more than $178,330 per year. The top 1% earn more than $647,000 per year. Most renters earn between $30,996 (20th percentile) and $54,672 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $113,898 and $142,373.
The tax assessed value of this property places it in percentile 45 of all properties in this area. This suggests it would appeal to someone earning around $50,377 per year who should qualify for a mortgage between $100,754 and $125,943.
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 $1,118. Most renters earn between $2,583 and $4,556 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $840 (20th percentile) to $1,543 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 45 of all properties in this area. This corresponds to a rent of $1,076 per month and a monthly household income of $3,093 ($37,116 per year)
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