Broward County Real Estate - Fort Lauderdale

Fort Lauderdale

Fort Lauderdale is the eighth largest city in Florida is terms of population. Fort Lauderdale is located in Broward County and borders the Atlantic Ocean. Tourism is Fort Lauderdale's largest industry, with a focus on water recreation. The city is home to over 42,000 resident yachts and 100 marinas and boatyards. Fort Lauderdale also has a large convention center, attracting 30% of the city's visitors. Fort Lauderdale is a fast growing market for international trade. Many companies have established business operations in Fort Lauderdale with Latin American headquarters, including AT&T, AutoNation, CityCorp, Galaxy Latin America, Hewlett Packard, and others. Top employers for Fort Lauderdale are Tenet Healthcare, American Express, The Continental Group, Motorola, and Maxim Integrated Products.

Fort Lauderdale is in South East Florida. It's population as recorded in the 2010 Census was 165,521.

The median age for residents of Fort Lauderdale is 42.2. Around 21% of Fort Lauderdale households include school aged children and 26.2% of households include individuals aged 65 years or over. Census records indicate 62.6% of the Fort Lauderdale population are White, 30.9% are Black or African American, .2% American Indian, 1.4% Asian and 2.1% are Two or more Races.

There are 93,159 housing units in Fort Lauderdale. 18,373 (19.7%) of these were reported as vacant in the 2010 Census. Fort Lauderdale is a tourist destination, 50% (9,195) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 38,542 residential rental units in Fort Lauderdale. 33,763 of them were occupied in 2010 providing a residential rental vacancy rate of 12%.

Fort Lauderdale links:

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 
260 El Dorado Pkwy Single Family 2,586 B
220 El Dorado Pkwy Single Family 1,975 B
200 El Dorado Pkwy Single Family 1,985 B
280 El Dorado Pkwy Single Family 2,300 B
241 El Dorado Pkwy Single Family 2,313 B
221 El Dorado Pkwy Single Family 2,796 B
261 El Dorado Pkwy Single Family 2,771 B
201 El Dorado Pkwy Single Family 2,713 B
7491 Sw 3 St Single Family 2,580 B
241 W Tropical Way Single Family 4,235 B
7481 Sw 3 St Single Family 2,605 B
281 El Dorado Pkwy Single Family 2,867 B
221 W Tropical Way Single Family 2,856 B
191 El Dorado Pkwy Single Family 2,114 B
240 Sw 75 Ter Single Family 2,804 B
251 W Tropical Way Single Family 2,867 B
220 Sw 75 Ter Single Family 2,886 B
7461 Sw 3 St Single Family 2,860 B
260 Sw 75 Ter Single Family 3,197 B
200 Sw 75 Ter Single Family 2,308 B
291 El Dorado Pkwy Single Family 2,908 B
181 El Dorado Pkwy Single Family 2,904 B
280 Sw 75 Ter Single Family 3,017 B
261 W Tropical Way Single Family 2,695 B
211 W Tropical Way Single Family 2,466 B
190 Sw 75 Ter Single Family 2,349 B
160 El Dorado Pkwy Single Family 3,372 B
7441 Sw 3 St Single Family 2,915 B
300 El Dorado Pkwy Single Family 3,098 B
301 El Dorado Pkwy Single Family 2,828 B
290 Sw 75 Ter Single Family 2,753 B
301 Sw 74 Ter Single Family 2,954 B
180 Sw 75 Ter Single Family 2,857 B
161 El Dorado Pkwy Single Family 2,852 B
240 W Tropical Way Single Family 4,131 B
301 W Tropical Way Single Family 3,700 B
220 W Tropical Way Single Family 3,556 B
201 W Tropical Way Single Family 3,101 B
241 Sw 75 Ter Single Family 2,868 B

Local Household Income

The median household income in this part of Florida is $73,996. The bottom 10% of the population earn less than $22,547 per year. The top 10% earn more than $180,338 per year. The top 1% earn more than $516,739 per year. Most renters earn between $41,328 (20th percentile) and $69,936 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $147,992 and $184,990.

The tax assessed value of this property places it in percentile 83 of all properties in this area. This suggests it would appeal to someone earning around $138,154 per year who should qualify for a mortgage between $276,308 and $345,385.

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 $1,350. Most renters earn between $3,444 and $5,828 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,746 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 83 of all properties in this area. This corresponds to a rent of $1,807 per month and a monthly household income of $6,016 ($72,192 per year)

Nearby Companies

Bambit Technologies, Inc.
160 Sw 75th Ter
Rtt Investment, Inc.
221 El Dorado Pkwy
Panache 1000 Interiors Inc
240 El Dorado Pkwy
Copacetic Solutions, LLC
200 West Tropical Way
Demi Enterprises, LLC
200 West Tropical Way
A.F. Bravo Medical Building, LLC
220 West Tropical Way
Bravo Key Biscayne, LLC
220 West Tropical Way
1733 Third Ave N #19 LLC
7491 Sw 3rd St
Hrp Greensboro, Inc.
291 Sw 75 Terrace
Disclaimers and Disclosures

Public Records Data

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