243 Tropic Dr, Laud By The Sea
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 | |
|---|---|---|---|---|
| 247 Tropic Dr | Single Family | 1,872 | B |
 |
| 250 Tropic Dr | Single Family | 2,055 | B |
|
| 235 Hibiscus Ave | Multi-family - less than 10 units | 2,305 | B |
|
| 251 Hibiscus Ave | Single Family | 2,125 | B |
|
| 249 Tropic Dr | Single Family | 2,441 | B |
|
| 240 Hibicus Ave | Condominium | 816 | B |
|
| 230 S Garden Ct | Vacant Residential | 0 | L | |
| 231 Hibiscus Ave | Multi-family - less than 10 units | 2,979 | B |
|
| 254 Tropic Dr | Single Family | 2,254 | B |
|
| 251 Tropic Dr | Single Family | 2,244 | B |
|
| Garden Ct | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 255 Hibiscus Ave | Single Family | 2,028 | B |
|
| 237 Garden Ct | Single Family | 3,073 | A |
|
| 244 Hibiscus Ave | Single Family | 1,562 | B |
|
| 234 Hibiscus Ave | Condominium | 640 | B |
|
| 248 Hibiscus Ave | Single Family | 1,814 | B |
|
| 240 Hibiscus Ave | Condominium | 816 | B |
|
| 235 Garden Ct | Single Family | 3,525 | A |
|
| 253 Tropic Dr | Single Family | 5,758 | A |
|
| 258 Tropic Dr | Single Family | 1,562 | B |
|
| 226 S Garden Ct | Vacant Residential | 0 | L | |
| 233 Garden Ct | Single Family | 2,941 | A |
|
| 259 Hibiscus Ave | Single Family | 1,622 | B |
|
| 252 Hibiscus Ave | Single Family | 1,686 | B |
|
| 229 Hibiscus Ave | Single Family | 2,140 | B |
|
| 229 Garden Ct | Single Family | 2,995 | A |
|
| 230 Hibiscus Ave | Condominium | 1,140 | B |
|
| 232 Hibiscus Ave | Condominium | 440 | B |
|
| 227 Garden Ct | Single Family | 2,986 | A |
|
| 256 Hibiscus Ave | Single Family | 1,723 | B |
|
| Allenwood Dr | Vacant Residential | 0 | L | |
| 259 Tropic Dr | Single Family | 2,894 | B |
|
| 262 Tropic Dr | Single Family | 1,741 | B |
|
| 231 Garden Ct | Single Family | 3,055 | A |
|
| 230 Shore Ct | Vacant Residential | 0 | L | |
| 245 Allenwood Dr | Single Family | 1,992 | B |
|
| 263 Hibiscus Ave | Single Family | 2,940 | B |
|
| 238 Hibiscus Ave | Condominium | 610 | B |
|
| 4149 Seagrape Dr | Multi-family - less than 10 units | 2,585 | B |
|
| 249 Allenwood Dr | Single Family | 1,624 | B |
|
| 4143 Seagrape Dr | Multi-family - less than 10 units | 1,654 | B |
|
| 4228 E Tradewinds Ave | Single Family | 3,002 | B |
|
| 260 Hibiscus Ave | Single Family | 2,087 | B |
|
| 226 Shore Ct | Vacant Residential | 0 | L | |
| 4137 Seagrape Dr | Multi-family - less than 10 units | 1,974 | B |
|
| Hibiscus Ave | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 4209 Seagrape Dr | Multi-family - less than 10 units | 2,192 | B |
|
| 250 S Tradewinds Ave | Single Family | 2,383 | 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 94 of all properties in this area. This suggests it would appeal to someone earning around $252,986 per year who should qualify for a mortgage between $505,972 and $632,465.
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 94 of all properties in this area. This corresponds to a rent of $2,109 per month and a monthly household income of $5,859 ($70,308 per year)
Nearby Companies
253 Allenwood Dr
238 Hibiscus Ave
233-235 Hibiscus Ave
229 Hibiscus Ave
229 Hibiscus Ave
229 Hibiscus Ave
229 Garden Ct
4136 Sea Grape Drive #3
4143 Sea Grape Dr
264 Hibiscus Ave
260 Hibiscus Ave
267 Hibiscus Ave
267 Hibiscus Ave
289 Tropic Dr
289 Tropic Dr