Hollywood, Florida

Broward County Real Estate - Hollywood

Hollywood

Hollywood is located in Broward County, Florida. Top employers are Memorial Healthcare System, The Continental Group, City of Hollywood, Westin Diplomat Resort and Spa, Memorial Regional Hospital South, and BrandsMart USA. HEICO and Invicta Watch Group both have their headquarters in Hollywood.

Hollywood is in South East Florida. It's population as recorded in the 2010 Census was 140,768.

The median age for residents of Hollywood is 41.1. Around 28.3% of Hollywood households include school aged children and 27.3% of households include individuals aged 65 years or over. Census records indicate 72.6% of the Hollywood population are White, 16.7% are Black or African American, .3% American Indian, 2.4% Asian and 3.2% are Two or more Races. Hollywood has a significant Hispanic population. 32.5% (45,825) of Hollywood residents are of Hispanic or Latino origin. Of these 4.29% are of Mexican origin, 19.24% Puerto Rican, 20.2% Cuban and 56.25% are of other Hispanic or Latino origin.

There are 71,070 housing units in Hollywood. 12,632 (17.7%) of these were reported as vacant in the 2010 Census. Hollywood is a tourist destination, 45.7% (5,774) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 26,933 residential rental units in Hollywood. 23,588 of them were occupied in 2010 providing a residential rental vacancy rate of 12%.

Hollywood links:

Sue Goldthorp

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My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Hollywood, Florida.

Hollywood is located in Broward County. It has a population of approximately 140,768 people. The population increased 3.2% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 3.8% for Broward County and a 1.7% increase for the country as a whole. Hollywood occupies 27.37 of the 1209.79 square miles in Broward County. It had a population density of 5143.9 persons per square mile in 2010. This compared to 1444.9 for the county, 350.6 for Florida and 87.4 for the country.

8.8% ( 71,070) of the 810,795 housing units in Broward County are in Hollywood (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Hollywood has a 62.7% homeownership rate compared to Broward County's 68.2% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Broward County 1,748,066 $73,668 3.8% $51,782 810,795 $225,300
Hollywood 140,768 $3,8573.2%$45,611 71,070$222,800

Hollywood's medium household income in 2011 was $45,611. Broward County's medium household income was $51,782, which is higher than the medium income for Florida as a whole: $47,827. 13.9% of the population in Hollywood lives below the poverty line, compared to 14.7% in Florida, 13.0% of the population in Broward County and 14.3% nationwide. Additional Information:

Hollywood Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Hollywood. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $3,857 million, Hollywood's economic activity represents 5.24% of Broward County's $73,668MM in economic activity. Broward County represents 11.68% of the Florida economy.

Hollywood Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $401 10.4%
Merchant wholesaler sales $1,279 33.2%
Retail sales $1,782 46.2%
Accommodation and food services sales $395 10.2%
Total $3,857100%

Broward County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Dania 29,639 $1,3843.2%$44,608 15,671$186,300
Deerfield Beach 75,018 $12,4383.2%$38,822 42,671$149,200
Fort Lauderdale 165,521 $10,3553.2%$50,648 93,159$291,600
Hallandale 37,113 $6683.3%$34,645 27,057$171,200
Hollywood 140,768 $3,8573.2%$45,611 71,070$222,800
Pompano Beach 99,845 $9,9233.1%$39,943 55,885$193,300

Broward County is located in Southeast Florida. This region is responsible for 37.7% of Florida's economic activity. Broward County represents 31.0% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Indian River County 138,028 $2,455 1.8% $46,363 76,251 $179,300
St. Lucie County 277,789 $5,576 2.2% $44,947 137,581 $157,600
Martin County 146,318 $4,347 1.7% $53,612 78,356 $238,200
Palm Beach County 1,320,134 $38,668 2.8% $52,951 668,159 $236,600
Broward County 1,748,066 $73,668 3.8% $51,782 810,795 $225,300
Miami-Dade County 2,496,435 $110,643 3.8% $43,957 990,558 $246,800
Monroe County 73,090 $2,136 2.4% $53,889 52,552 $463,100
Total 6,410,776 $237,494 2.6% $49,643 2,814,252 $249,557

Hollywood Real Estate

There are 123,514 properties in Hollywood. The following table shows a summary of them based on 2014 sales data.

Hollywood Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 56 0.05 1 $260,000 $251August 1st, 2014August 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 569 0.46 0n/an/an/an/a
Health Care 24 0.02 0n/an/an/an/a
Hotel & Motel 1,011 0.82 19 $1,800,000 $513January 1st, 2014August 1st, 2014
Industrial 941 0.76 34 $376,000 $71January 1st, 2014September 1st, 2014
Miscellaneous Property 45 0.04 0n/an/an/an/a
Mobile/Manufactured 564 0.46 31 $32,000 $25January 1st, 2014September 1st, 2014
Multifamily 3,821 3.09 234 $186,900 $97January 1st, 2014October 1st, 2014
Office 690 0.56 22 $762,500 $129January 1st, 2014September 1st, 2014
Residential 113,636 92.00 6,452 $190,000 $119January 1st, 2014October 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 1,722 1.39 83 $825,000 $143January 1st, 2014September 1st, 2014
Senior Housing 21 0.02 1 $454,000 $51May 1st, 2014May 1st, 2014
Special Purpose 369 0.30 11 $240,000 $64January 1st, 2014September 1st, 2014
Sports & Entertaining 45 0.04 2 $627,550 $32February 1st, 2014June 1st, 2014

Agricultural Real Estate in Hollywood, Florida

56( .05%) of the properties in Hollywood are classified as Agricultural. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $260,000. The median sales price was $260,000. In 2014 the median sales price for Agricultural in Hollywood was $251 per sq ft.

Commercial Real Estate in Hollywood, Florida

0( .00%) of the properties in Hollywood are classified as Commercial.

Government Real Estate in Hollywood, Florida

569( .46%) of the properties in Hollywood are classified as Government.

Health Care Real Estate in Hollywood, Florida

24( .02%) of the properties in Hollywood are classified as Health Care.

Hotel & Motel Real Estate in Hollywood, Florida

1,011( .82%) of the properties in Hollywood are classified as Hotel & Motel. 19 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $30,822,600. The median sales price was $1,800,000. In 2014 the median sales price for A Class Hotel & Motel in Hollywood was $2,488 per sq ft, B Class properties sold for $513/ft and C Class $148/ft.

Industrial Real Estate in Hollywood, Florida

941( .76%) of the properties in Hollywood are classified as Industrial. 34 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $28,920,950. The median sales price was $376,000. In 2014 the median sales price for A Class Industrial in Hollywood was $150 per sq ft, B Class properties sold for $71/ft and C Class $19/ft.

Miscellaneous Real Estate in Hollywood, Florida

45( .04%) of the properties in Hollywood are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Hollywood, Florida

564( .46%) of the properties in Hollywood are classified as Mobile/Manufactured. 31 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $1,133,200. The median sales price was $32,000. In 2014 the median sales price for A Class Mobile/Manufactured in Hollywood was $49 per sq ft, B Class properties sold for $25/ft and C Class $10/ft.

Multifamily Real Estate in Hollywood, Florida

3,821( 3.09%) of the properties in Hollywood are classified as Multifamily. 234 of them sold between January 1st, 2014 and October 1st, 2014. The total value of these sales was $104,175,126. The median sales price was $186,900. In 2014 the median sales price for A Class Multifamily in Hollywood was $209 per sq ft, B Class properties sold for $97/ft and C Class $57/ft.

Office Real Estate in Hollywood, Florida

690( .56%) of the properties in Hollywood are classified as Office. 22 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $35,737,500. The median sales price was $762,500. In 2014 the median sales price for A Class Office in Hollywood was $434 per sq ft, B Class properties sold for $129/ft and C Class $51/ft.

Residential Real Estate in Hollywood, Florida

113,636( 92.00%) of the properties in Hollywood are classified as Residential. 6,452 of them sold between January 1st, 2014 and October 1st, 2014. The total value of these sales was $1,497,713,746. The median sales price was $190,000. In 2014 the median sales price for A Class Residential in Hollywood was $161 per sq ft, B Class properties sold for $119/ft and C Class $72/ft.

Residential Real Estate in Hollywood, Florida

0( .00%) of the properties in Hollywood are classified as Residential.

Retail Real Estate in Hollywood, Florida

1,722( 1.39%) of the properties in Hollywood are classified as Retail. 83 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $362,920,600. The median sales price was $825,000. In 2014 the median sales price for A Class Retail in Hollywood was $535 per sq ft, B Class properties sold for $143/ft and C Class $63/ft.

Senior Housing Real Estate in Hollywood, Florida

21( .02%) of the properties in Hollywood are classified as Senior Housing. 1 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $454,000. The median sales price was $454,000. In 2014 the median sales price for Senior Housing in Hollywood was $51 per sq ft.

Special Purpose Real Estate in Hollywood, Florida

369( .30%) of the properties in Hollywood are classified as Special Purpose. 11 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $5,601,800. The median sales price was $240,000. In 2014 the median sales price for Special Purpose in Hollywood was $64 per sq ft.

Sports & Entertaining Real Estate in Hollywood, Florida

45( .04%) of the properties in Hollywood are classified as Sports & Entertaining. 2 of them sold between February 1st, 2014 and June 1st, 2014. The total value of these sales was $1,255,100. The median sales price was $627,550. In 2014 the median sales price for Sports & Entertaining in Hollywood was $32 per sq ft.

Hollywood, Broward County Market Data

Hollywood Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 37 72,295
Government Property 384 18,555,187
Health Care 24 1,196,524
Hotel & Motel 183 2,011,568
Industrial 898 19,210,115
Land 1,799 1,431,735
Miscellaneous Property 43 576,671
Mobile/Manufactured 566 696,832
Multifamily 3,712 26,753,840
Office 633 8,196,677
Residential 114,882 219,696,175
Retail 1,443 21,489,664
Senior Housing 29 848,506
Special Purpose 360 4,677,708
Sports & Entertaining 41 674,836

Hollywood Median Property Values per Sq Ft

Hollywood Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $370$36 $181$26 $105$18
Auto sales, auto repair and storage or auto service shop 2016 $496$56 $190$29 $100$20
Bowling alley, skating rink, pool hall or enclosed arena 2016 $474$38 $225$29 $90$17
Centrally assessed 2016 $320$67 $163$33 $106$18
Church 2016 $287$36 $204$26 $84$18
Club, lodge or union hall 2016 $320$36 $163$26 $106$18
College 2016 $320$65 $163$28 $106$21
Community Shopping Center 2016 $496$56 $190$29 $100$20
Condominium 2016 $174$16 $125$16 $93$16
Cooperative 2016 $196$16 $141$16 $93$16
County Owned 2016 $320$65 $163$28 $106$21
Department Store 2016 $496$56 $190$29 $100$20
Drive-in Restaurant 2016 $496$56 $190$29 $100$20
Enclosed theater or auditorium 2016 $496$38 $190$29 $100$17
Federal Owned 2016 $320$65 $163$28 $106$21
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $496$56 $190$29 $100$20
Forest, park or recreational area 2016 $320$65 $163$28 $106$21
Golf course or driving range 2016 $474$38 $225$29 $90$17
Government Undefined 2016 $320$65 $163$28 $106$21
Grazing land soil capability Class IV 2016 $287$27 $204$15 $84$9
Home for the aged 2016 $298$24 $214$18 $102$14
Hospital 2016 $320$65 $163$28 $106$21
Hotel or motel 2016 $637$33 $366$33 $177$33
Light manufacturing 2016 $292$19 $105$16 $72$14
Miscellaneous Residential (migrant camp or boarding home.) 2016 $196$33 $141$33 $93$33
Mixed use - store and office or store and residential or residential combination 2016 $496$56 $190$29 $100$20
Mobile Home 2016 $73$6 $48$6 $35$6
Mortuary, cemetery or crematorium 2016 $298$36 $214$26 $102$18
Multi-family - 10 units or more 2016 $224$23 $130$19 $101$16
Multi-family - less than 10 units 2016 $176$23 $118$19 $85$16
Municipal Owned 2016 $320$65 $163$28 $106$21
Nightclub, cocktail lounge or bar 2016 $474$38 $225$29 $90$17
Office building, non-professional service building, multi-story 2016 $370$35 $181$29 $105$22
Office building, non-professional service building, one story 2016 $370$35 $181$29 $105$22
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $149$19 $93$16 $64$14
Orchard Groves, Citrus, etc. 2016 $287$27 $204$15 $84$9
Ornamentals, miscellaneous agricultural 2016 $287$27 $204$15 $84$9
Orphanage, other non-profit or charitable services 2016 $298$36 $214$26 $102$18
Poultry, bees, tropical fish, rabbits, etc. 2016 $287$27 $204$15 $84$9
Private school or college 2016 $320$36 $163$26 $106$18
Privately owned hospital 2016 $221$29 $111$22 $39$14
Professional service building 2016 $370$35 $181$29 $105$22
Public county school 2016 $320$65 $163$28 $106$21
Regional Shopping Center 2016 $496$56 $190$29 $100$20
Restaurant, cafeteria 2016 $496$56 $190$29 $100$20
Service station 2016 $496$56 $190$29 $100$20
Single Family 2016 $187$16 $150$16 $111$16
State Owned 2016 $320$65 $163$28 $106$21
Store, one story 2016 $369$56 $141$29 $95$20
Supermarket 2016 $496$56 $190$29 $100$20
Undefined - Reserved for Use by Department of Revenue 2016 $176$16 $118$16 $85$16
Utility 2016 $320$67 $163$33 $106$18
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $149$19 $93$16 $64$14