505 N Riverside Dr, 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%.
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 | |
|---|---|---|---|---|
| 501 N Riverside Dr | Condominium | 1,480 | B |
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| 501 N Riverside Dr | Condominium | 1,180 | B |
|
| 500 N Riverside Dr | Multi-family - less than 10 units | 2,226 | B |
|
| 3210 Ne 5 St | Condominium | 1,510 | A |
|
| 3203 Ne 5 St | Single Family | 1,386 | B |
|
| 516 N Riverside Dr | Cooperative | 1,200 | B |
|
| 3205 Colony Club Rd | Condominium | 849 | B |
|
| 3209 Ne 5 St | Multi-family - less than 10 units | 2,279 | B |
|
| 521 N Riverside Dr | Condominium | 1,200 | B |
|
| 521 N Riverside Dr | Condominium | 1,200 | B |
|
| 3209 Colony Club Dr | Condominium | 650 | B |
|
| 3209 Colony Club Rd | Condominium | 920 | B |
|
| 3204 Ne 5 St | Multi-family - less than 10 units | 2,057 | B |
|
| 518 N Riverside Dr | Single Family | 3,916 | B |
|
| 3204 Colony Club Rd | Condominium | 872 | B |
|
| 3213 Colony Club Rd | Condominium | 920 | B |
|
| 3213 Ne 5 St | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| Ne 5 St | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
| 420 N Riverside Dr | Home for the aged | 3,801 | B |
|
| 421 Sunset Dr | Multi-family - less than 10 units | 2,673 | B |
|
| 430 Sunset Dr | Single Family | 2,569 | A |
|
| 3216 Colony Club Rd | Cooperative | 1,361 | B |
|
| 3217 Colony Club Rd | Cooperative | 849 | B |
|
| 524 N Riverside Dr | Single Family | 1,535 | B |
|
| 3236 Ne 5 St | Condominium | 2,200 | A |
|
| 3236 Ne 5 St | Condominium | 2,200 | A |
|
| 426 Sunset Dr | Single Family | 2,562 | A |
|
| Sunset Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 422 Sunset Dr | Single Family | 2,562 | A |
|
| 3208 Colony Club Rd | Condominium | 948 | B |
|
| 418 Sunset Dr | Single Family | 2,562 | A |
|
| 3221 Ne 5 St | Single Family | 2,863 | B |
|
| 416 N Riverside Dr | Single Family | 1,707 | B |
|
| 417 Sunset Dr | Multi-family - less than 10 units | 2,004 | B |
|
| 414 Sunset Dr | Single Family | 2,569 | A |
|
| 424 N Riverside Dr | Condominium | 840 | B |
|
| 3220 Ne 5 St | Single Family | 1,886 | B |
|
| 419 N Riverside Dr | Multi-family - 10 units or more | 13,478 | B |
|
| 3225 Ne 5 St | Vacant Residential | 0 | L | |
| 3212 Colony Club Rd | Condominium | 814 | B |
|
| 555 N Riverside Dr | Condominium | 595 | B |
|
| 3210 Colony Club Rd | Miscellaneous Residential (migrant camp or boarding home.) | 954 | B |
|
| 412 Sunset Dr | Multi-family - 10 units or more | 6,476 | B |
|
| 3224 Ne 5 St | Multi-family - less than 10 units | 1,607 | B |
|
| 3200 Ne 5 Ct | Multi-family - less than 10 units | 1,066 | B |
|
| 3229 Ne 5 St | Vacant Residential | 0 | L |
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 44 of all properties in this area. This suggests it would appeal to someone earning around $49,605 per year who should qualify for a mortgage between $99,210 and $124,013.
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 44 of all properties in this area. This corresponds to a rent of $1,066 per month and a monthly household income of $3,078 ($36,936 per year)
Nearby Companies
3216 Colony Club Rd
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521 N Riverside Dr
521 N Riverside Drive # 306
521 North Riverside Drive # 306
555 N Riverside Dr
3213 Ne 5th St
3210 Ne 5th St
3232 Ne 5th St
501 N Riverside Drive #601
501 North Riverside Dr
501 N Riverside Dr
3213 Ne 5th St
3213 Ne 5th St
505 N Riverside Dr
3236 Ne 5th Street #402
3247 Ne 5th St
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401 Sunset Dr
422 Sunset Dr