517 Sw 12 St, 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 | |
|---|---|---|---|---|
| 521 Sw 12 St | Single Family | 1,233 | B |
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| 515 Sw 12 St | Single Family | 1,460 | B |
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| 525 Sw 12 St | Single Family | 1,142 | B |
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| 520 Sw 11 Ct | Single Family | 2,444 | B |
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| 522 Sw 11 Ct | Single Family | 2,389 | B |
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| 427 Sw 12 St | Multi-family - less than 10 units | 4,464 | B |
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| 605 Sw 12 St | Vacant Residential | 0 | L | |
| 510 Sw 11 Ct | Single Family | 1,475 | B |
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| 516 Sw 12 St | Single Family | 1,078 | C |
|
| 600 Sw 11 Ct | Single Family | 0 | A | |
| 512 Sw 12 St | Single Family | 1,236 | B |
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| 520 Sw 12 St | Single Family | 1,496 | C |
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| 508 Sw 12 St | Single Family | 1,287 | C |
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| 504 Sw 11 Ct | Single Family | 1,202 | B |
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| 604 Sw 11 Ct | Single Family | 1,344 | B |
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| 423 Sw 12 St | Multi-family - less than 10 units | 1,150 | B |
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| 500 Sw 12 St | Multi-family - less than 10 units | 3,662 | B |
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| 420 Sw 11 Ct | Single Family | 1,657 | B |
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| 600 Sw 12 St | Single Family | 2,880 | B |
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| 608 Sw 11 Ct | Single Family | 1,530 | B |
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| 420 Sw 12 St | Single Family | 1,470 | C |
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| 417 Sw 12 St | Multi-family - less than 10 units | 2,552 | B |
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| 416 Sw 11 Ct | Single Family | 1,777 | B |
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| 625 Sw 12 St | Multi-family - less than 10 units | 3,042 | B |
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| 517 Sw 12 Ct | Single Family | 1,274 | B |
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| 513 Sw 12 Ct | Single Family | 1,290 | B |
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| 521 Sw 12 Ct | Single Family | 1,119 | B |
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| 515 Sw 11 Ct | Single Family | 1,274 | C |
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| 521 Sw 11 Ct | Single Family | 1,662 | B |
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| 509 Sw 12 Ct | Single Family | 1,274 | B |
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| 511 Sw 11 Ct | Single Family | 1,327 | B |
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| 525 Sw 11 Ct | Single Family | 1,495 | B |
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| 505 Sw 12 Ct | Single Family | 1,148 | B |
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| 601 Sw 12 Ct | Single Family | 1,201 | B |
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| 505 Sw 11 Ct | Single Family | 1,131 | B |
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| 412 Sw 12 St | Multi-family - less than 10 units | 1,618 | B |
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| 612 Sw 11 Ct | Single Family | 1,066 | B |
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| 601 Sw 11 Ct | Single Family | 1,257 | C |
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| 412 Sw 11 Ct | Single Family | 1,340 | B |
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| 630 Sw 12 St | Single Family | 2,464 | C |
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| 501 Sw 12 Ct | Single Family | 1,371 | B |
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| 605 Sw 12 Ct | Single Family | 1,261 | B |
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| 501 Sw 11 Ct | Single Family | 1,106 | B |
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| 421 Sw 12 Ct | Single Family | 1,220 | B |
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| 609 Sw 12 Ct | Single Family | 1,372 | B |
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| 611 Sw 11 Ct | Single Family | 1,146 | C |
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| 423 Sw 11 Ct | Single Family | 1,156 | C |
|
Local Household Income
The median household income in this part of Florida is $62,848. The bottom 10% of the population earn less than $15,373 per year. The top 10% earn more than $229,625 per year. The top 1% earn more than $716,082 per year. Most renters earn between $29,352 (20th percentile) and $56,148 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $125,696 and $157,120.
The tax assessed value of this property places it in percentile 44 of all properties in this area. This suggests it would appeal to someone earning around $55,358 per year who should qualify for a mortgage between $110,716 and $138,395.
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 $2,446 and $4,679 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $810 (20th percentile) to $1,568 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 44 of all properties in this area. This corresponds to a rent of $991 per month and a monthly household income of $3,002 ($36,024 per year)
Nearby Companies
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1141 Sw 8th Ave
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