501 Belmont Ln, North Lauderdale
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 | |
---|---|---|---|---|
502 Belmont Ln | Condominium | 878 | A | |
503 Belmont Ln | Condominium | 1,154 | A | |
504 Belmont Ln | Condominium | 878 | A | |
510 Belmont Ln | Condominium | 1,321 | A | |
506 Belmont Ln | Condominium | 1,553 | A | |
507 Belmont Ln | Condominium | 1,480 | A | |
508 Belmont Ln | Condominium | 1,035 | A | |
509 Belmont Ln | Condominium | 1,276 | A | |
505 Belmont Ln | Condominium | 1,162 | A | |
601 Belmont Ln | Condominium | 1,162 | A | |
602 Belmont Ln | Condominium | 878 | A | |
603 Belmont Ln | Condominium | 1,154 | A | |
604 Belmont Ln | Condominium | 878 | A | |
605 Belmont Ln | Condominium | 1,162 | A | |
606 Belmont Ln | Condominium | 1,553 | A | |
607 Belmont Ln | Condominium | 1,480 | A | |
608 Belmont Ln | Condominium | 1,035 | A | |
609 Belmont Ln | Condominium | 1,276 | A | |
610 Belmont Ln | Condominium | 1,321 | A | |
110 Belmont Ln | Condominium | 1,321 | A | |
109 Belmont Ln | Condominium | 1,276 | A | |
108 Belmont Ln | Condominium | 1,035 | A | |
107 Belmont Ln | Condominium | 1,480 | A | |
106 Belmont Ln | Condominium | 1,553 | A | |
105 Belmont Ln | Condominium | 1,167 | A | |
104 Belmont Ln | Condominium | 878 | A | |
103 Belmont Ln | Condominium | 1,154 | A | |
101 Belmont Ln | Condominium | 1,162 | A | |
102 Belmont Ln | Condominium | 878 | A | |
201 Belmont Ln | Condominium | 1,162 | A | |
202 Belmont Ln | Condominium | 878 | A | |
203 Belmont Ln | Condominium | 1,154 | A | |
204 Belmont Ln | Condominium | 878 | A | |
210 Belmont Ln | Condominium | 1,321 | A | |
206 Belmont Ln | Condominium | 1,553 | A | |
207 Belmont Ln | Condominium | 1,480 | A | |
208 Belmont Ln | Condominium | 1,035 | A | |
209 Belmont Ln | Condominium | 1,276 | A | |
205 Belmont Ln | Condominium | 1,162 | A | |
1009 Belmont Ln | Condominium | 1,276 | A | |
1008 Belmont Ln | Condominium | 1,035 | A | |
1007 Belmont Ln | Condominium | 1,480 | A | |
1006 Belmont Ln | Condominium | 1,553 | A | |
1005 Belmont Ln | Condominium | 1,162 | A | |
1004 Belmont Ln | Condominium | 878 | A | |
1003 Belmont Ln | Condominium | 1,154 | A | |
1002 Belmont Ln | Condominium | 878 | A | |
1001 Belmont Ln | Condominium | 1,162 | A | |
1010 Belmont Ln | Condominium | 1,321 | A |
Local Household Income
The median household income in this part of Florida is $50,148. The bottom 10% of the population earn less than $16,295 per year. The top 10% earn more than $114,860 per year. The top 1% earn more than $370,169 per year. Most renters earn between $29,916 (20th percentile) and $45,504 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $100,296 and $125,370.
The tax assessed value of this property places it in percentile 18 of all properties in this area. This suggests it would appeal to someone earning around $22,794 per year who should qualify for a mortgage between $45,588 and $56,985.
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 $1,098. Most renters earn between $2,493 and $3,792 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $896 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 18 of all properties in this area. This corresponds to a rent of $877 per month and a monthly household income of $2,443 ($29,316 per year)
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