220 Florida Ave, Fort Lauderdale
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:
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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 | |
|---|---|---|---|---|
| 240 Florida Ave | Single Family | 1,690 | B |
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| 210 Florida Ave | Single Family | 1,784 | B |
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| 271 Delaware Ave | Single Family | 1,617 | B |
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| 250 Florida Ave | Single Family | 1,808 | B |
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| 281 Delaware Ave | Single Family | 1,269 | B |
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| 261 Delaware Ave | Single Family | 1,574 | B |
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| 221 Florida Ave | Single Family | 1,349 | B |
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| 231 Florida Ave | Single Family | 1,316 | B |
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| 170 Florida Ave | Single Family | 1,442 | B |
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| 260 Florida Ave | Single Family | 1,781 | B |
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| 291 Delaware Ave | Single Family | 1,159 | B |
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| 241 Florida Ave | Single Family | 2,018 | B |
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| 171 Florida Ave | Single Family | 1,518 | B |
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| 211 Carolina Ave | Single Family | 1,424 | B |
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| 251 Florida Ave | Single Family | 1,707 | B |
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| 301 Delaware Ave | Single Family | 1,405 | B |
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| 221 Carolina Ave | Single Family | 1,265 | B |
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| 201 Carolina Ave | Single Family | 1,330 | B |
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| 270 Florida Ave | Single Family | 1,791 | B |
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| 150 Florida Ave | Single Family | 1,635 | B |
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| 270 Delaware Ave | Single Family | 1,272 | B |
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| 170 Georgia Ave | Single Family | 1,497 | B |
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| 261 Florida Ave | Single Family | 1,562 | B |
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| 131 Florida Ave | Single Family | 1,709 | B |
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| 190 Georgia Ave | Single Family | 1,383 | B |
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| 141 Carolina Ave | Single Family | 1,194 | B |
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| 290 Delaware Ave | Single Family | 1,694 | B |
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| 311 Delaware Ave | Single Family | 1,159 | B |
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| 130 Georgia Ave | Single Family | 1,693 | B |
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| 251 Carolina Ave | Single Family | 1,843 | B |
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| 200 Georgia Ave | Single Family | 1,235 | B |
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| 130 Florida Ave | Single Family | 1,483 | B |
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| 300 Delaware Ave | Single Family | 1,160 | B |
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| 271 Florida Ave | Single Family | 1,616 | B |
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| 280 Florida Ave | Single Family | 1,952 | B |
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| 131 Carolina Ave | Single Family | 1,946 | B |
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| 210 Georgia Ave | Single Family | 1,380 | B |
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| 321 Delaware Ave | Single Family | 1,925 | B |
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| 301 Carolina Ave | Single Family | 1,341 | B |
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| 310 Delaware Ave | Single Family | 1,777 | B |
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| 111 Florida Ave | Single Family | 1,718 | C |
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| 121 Carolina Ave | Single Family | 1,468 | B |
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| 281 Florida Ave | Single Family | 1,317 | B |
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| 3180 Auburn Blvd | Single Family | 979 | B |
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| 220 Georgia Ave | Single Family | 1,362 | B |
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| 321 Carolina Ave | Single Family | 1,334 | B |
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| 110 Georgia Ave | Single Family | 1,523 | B |
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| 210 Carolina Ave | Vacant Residential | 0 | L | |
| 220 Carolina Ave | Single Family | 1,495 | B |
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Local Household Income
The median household income in this part of Florida is $47,457. The bottom 10% of the population earn less than $12,917 per year. The top 10% earn more than $121,280 per year. The top 1% earn more than $225,687 per year. Most renters earn between $25,092 (20th percentile) and $40,260 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,914 and $118,643.
The tax assessed value of this property places it in percentile 66 of all properties in this area. This suggests it would appeal to someone earning around $66,213 per year who should qualify for a mortgage between $132,426 and $165,533.
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 $1,064. Most renters earn between $2,091 and $3,355 per month. They typically spend 42% of their monthly income on rent. Most rents fall in the $830 (20th percentile) to $1,394 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 66 of all properties in this area. This corresponds to a rent of $1,194 per month and a monthly household income of $2,925 ($35,100 per year)
Nearby Companies
250 Florida Ave
250 Florida Ave
220 Florida Ave
111 Florida Ave
131 Florida Ave
131 Florida Ave
131 Florida Ave
210 Florida Ave
150 Florida Ave
131 Carolina Ave
240 Carolina Ave