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:
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%.
Region | Population 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 | $3,857 | 3.2% | $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.
Activity | Value (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 | $3,857 | 100% |
Broward County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Dania | 29,639 | $1,384 | 3.2% | $44,608 | 15,671 | $186,300 |
Deerfield Beach | 75,018 | $12,438 | 3.2% | $38,822 | 42,671 | $149,200 |
Fort Lauderdale | 165,521 | $10,355 | 3.2% | $50,648 | 93,159 | $291,600 |
Hallandale | 37,113 | $668 | 3.3% | $34,645 | 27,057 | $171,200 |
Hollywood | 140,768 | $3,857 | 3.2% | $45,611 | 71,070 | $222,800 |
Pompano Beach | 99,845 | $9,923 | 3.1% | $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.
Region | Population 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.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 56 | 0.05 | 1 | $260,000 | $251 | August 1st, 2014 | August 1st, 2014 |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 569 | 0.46 | 0 | n/a | n/a | n/a | n/a |
Health Care | 24 | 0.02 | 0 | n/a | n/a | n/a | n/a |
Hotel & Motel | 1,011 | 0.82 | 19 | $1,800,000 | $513 | January 1st, 2014 | August 1st, 2014 |
Industrial | 941 | 0.76 | 34 | $376,000 | $71 | January 1st, 2014 | September 1st, 2014 |
Miscellaneous Property | 45 | 0.04 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 564 | 0.46 | 31 | $32,000 | $25 | January 1st, 2014 | September 1st, 2014 |
Multifamily | 3,821 | 3.09 | 234 | $186,900 | $97 | January 1st, 2014 | October 1st, 2014 |
Office | 690 | 0.56 | 22 | $762,500 | $129 | January 1st, 2014 | September 1st, 2014 |
Residential | 113,636 | 92.00 | 6,452 | $190,000 | $119 | January 1st, 2014 | October 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 1,722 | 1.39 | 83 | $825,000 | $143 | January 1st, 2014 | September 1st, 2014 |
Senior Housing | 21 | 0.02 | 1 | $454,000 | $51 | May 1st, 2014 | May 1st, 2014 |
Special Purpose | 369 | 0.30 | 11 | $240,000 | $64 | January 1st, 2014 | September 1st, 2014 |
Sports & Entertaining | 45 | 0.04 | 2 | $627,550 | $32 | February 1st, 2014 | June 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
Property Usage | Property Count | Total 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
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
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 |
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