1040 Tennessee 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 | |
|---|---|---|---|---|
| 1050 Tennessee Ave | Single Family | 1,678 | B |
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| 1030 Tennessee Ave | Single Family | 1,811 | B |
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| 1033 Wyoming Ave | Single Family | 1,824 | B |
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| 1037 Wyoming Ave | Single Family | 1,748 | B |
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| 1025 Wyoming Ave | Single Family | 2,030 | B |
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| 1060 Tennessee Ave | Single Family | 1,925 | B |
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| 1020 Tennessee Ave | Single Family | 2,255 | B |
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| 1041 Tennessee Ave | Single Family | 1,614 | B |
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| 1051 Tennessee Ave | Single Family | 1,998 | B |
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| 1031 Tennessee Ave | Single Family | 1,930 | B |
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| 1043 Wyoming Ave | Single Family | 1,436 | B |
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| 1017 Wyoming Ave | Single Family | 2,005 | B |
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| 1061 Tennessee Ave | Single Family | 1,998 | B |
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| 1021 Tennessee Ave | Single Family | 1,930 | B |
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| 1096 Tennessee Ave | Single Family | 1,499 | B |
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| 1010 Tennessee Ave | Single Family | 1,904 | B |
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| 1049 Wyoming Ave | Single Family | 1,634 | B |
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| 1009 Wyoming Ave | Single Family | 1,743 | B |
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| 1040 Atkinson Ave | Single Family | 2,151 | B |
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| 1030 Wyoming Ave | Single Family | 1,846 | B |
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| 1024 Wyoming Ave | Single Family | 1,677 | B |
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| 1036 Wyoming Ave | Single Family | 1,606 | B |
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| 1050 Atkinson Ave | Single Family | 1,746 | B |
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| 1030 Atkinson Ave | Single Family | 1,479 | B |
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| 1071 Tennessee Ave | Single Family | 1,931 | B |
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| 1011 Tennessee Ave | Single Family | 1,930 | B |
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| 1100 Tennessee Ave | Single Family | 1,725 | B |
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| 1042 Wyoming Ave | Single Family | 2,055 | B |
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| 1060 Atkinson Ave | Single Family | 1,685 | B |
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| 1016 Wyoming Ave | Single Family | 1,931 | B |
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| 1020 Atkinson Ave | Single Family | 1,751 | B |
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| 1055 Wyoming Ave | Single Family | 1,500 | B |
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| 1000 Tennessee Ave | Single Family | 2,251 | B |
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| 1101 Tennessee Ave | Single Family | 1,614 | B |
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| 1048 Wyoming Ave | Single Family | 1,761 | B |
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| 1070 Atkinson Ave | Single Family | 2,348 | B |
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| 1008 Wyoming Ave | Single Family | 1,673 | B |
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| 1010 Atkinson Ave | Single Family | 2,331 | B |
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| 1001 Wyoming Ave | Single Family | 3,896 | B |
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| 1021 Long Island Ave | Single Family | 1,657 | B |
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| 1017 Long Island Ave | Single Family | 1,607 | B |
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| 1025 Long Island Ave | Single Family | 1,868 | B |
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| 1112 Tennessee Ave | Single Family | 2,205 | B |
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| 1001 Tennessee Ave | Single Family | 2,038 | B |
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| 1061 Wyoming Ave | Single Family | 1,836 | B |
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| 1013 Long Island Ave | Single Family | 1,621 | B |
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| 1029 Long Island Ave | Single Family | 1,763 | B |
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| 1054 Wyoming Ave | Single Family | 1,836 | B |
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| 1080 Atkinson Ave | Single Family | 1,880 | 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 88 of all properties in this area. This suggests it would appeal to someone earning around $113,036 per year who should qualify for a mortgage between $226,072 and $282,590.
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 88 of all properties in this area. This corresponds to a rent of $1,574 per month and a monthly household income of $3,641 ($43,692 per year)
Nearby Companies
1040 Tennessee Ave
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1041 Atkinson Ave
1041 Atkinson Ave
1041 Atkinson Ave
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1030 Tennessee Ave
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1051 Atkinson Ave
1051 Atkinson Ave