Real Estate Statistics
Average Price | $405K |
---|---|
Lowest Price | $1.2K |
Highest Price | $649K |
Total Listings | 42 |
Avg. Days On Market | 100 |
Avg. Price/SQFT | $300 |
Property Types (active listings)
Driftwood, Hollywood, FL Homes for Sale
- All Listings
- Under $100,000
- $300,000 - $400,000
- $400,000 - $500,000
- $500,000 - $600,000
- $600,000 - $700,000
Driftwood: Exploring the Charming Neighborhood In Hollywood
Introduction
Welcome to Driftwood, a vibrant and diverse neighborhood nestled within the city of Hollywood, Florida.
In this article, we will take you on a journey through the unique features, real estate trends, cultural diversity, and amenities that make Driftwood a sought-after community for residents and visitors alike.
Whether you're a potential homebuyer, a curious traveler, or simply interested in learning more about this picturesque neighborhood, we've got you covered.
A Snapshot of Driftwood
Let's begin by gaining a quick overview of Driftwood, Hollywood, FL. Understanding its demographics, housing market, and overall atmosphere will provide a solid foundation for our exploration.
Driftwood boasts a median real estate price of $331,315, positioning it higher than 43.3% of neighborhoods in Florida and 49.0% of neighborhoods in the entire United States. The average rent in Driftwood stands at $3,180, surpassing 68.0% of rentals in Florida. The neighborhood primarily consists of urban, diverse, and mainly owner-occupied homes constructed between 1940 and 1999. However, it's worth noting that Driftwood's vacancy rate of 11.2% is higher than 65.1% of U.S. neighborhoods.
Cultural Melting Pot
Driftwood is characterized by its rich cultural diversity, with a significant population of South American (20.9%) and Cuban (7.6%) ancestry. The neighborhood is also home to residents who speak Native American languages, contributing to its linguistic diversity. Spanish is the predominant language, spoken by 51.3% of Driftwood's residents. This blend of cultures fosters a unique and inclusive atmosphere that adds to the neighborhood's charm.
Economic Landscape and Occupations
Understanding the economic landscape of Driftwood is essential to grasp the opportunities and livelihoods available to its residents.
Occupations in Driftwood are distributed across various sectors, with 32.7% in executive/professional roles, 26.2% in sales/service, 23.1% in manufacturing/labor, and 17.8% in clerical/tech positions. This mix of professions contributes to the neighborhood's economic stability and creates a balanced community.
Education and Childhood Poverty
Education is a significant factor in any community, and Driftwood offers access to both public and private schooling options.
The neighborhood hosts seven good-rated public schools and three private/charter schools. Driftwood's middle-income status also means that it has a relatively low childhood poverty rate of 10.8%. This focus on education and child well-being further strengthens the sense of community in Driftwood.
Real Estate Opportunities
Now let's delve into the exciting world of real estate in Driftwood.
We'll explore available properties, pricing trends, and how the neighborhood compares to its neighboring areas.
Driftwood is renowned for its median-priced homes, which typically hover around $500,000.
Currently, there are 40 homes for sale, ranging from $365,000 to $660,000. The median listing price stands at $500,000, with an average of $378 per square foot. It's worth mentioning that Driftwood is experiencing a seller's market, with a 100% sale-to-list ratio and an average of 44 days to sell a property.
Exploring Nearby Amenities
What makes Driftwood an even more attractive neighborhood is its close proximity to various amenities and recreational options.
The neighborhood enjoys abundant amenities, grocery stores, cafes, and restaurants in its vicinity. This accessibility to everyday conveniences adds to the overall appeal of Driftwood as an ideal residential location.
Driftwood and Surrounding Neighborhoods
Driftwood is not just a standalone neighborhood; it is part of a larger community. Let's take a moment to explore the neighboring areas and understand how they complement Driftwood.
The adjacent neighborhoods of North Hollywood, Emerald Hills, Siesta Beach, Hollywood Hills, and West Hollywood create a diverse and interconnected network of communities within the region. Each neighborhood contributes to the overall charm and amenities available to residents in Driftwood.
Driftwood Real Estate Market Insights
For those interested in buying or investing in real estate in Driftwood, it's essential to have a clear understanding of the local market trends.
Driftwood's median sale price of $465,000 places it among the more affordable options compared to nearby cities like Miami, Pompano Beach, Plantation, Davie, and Pembroke Pines. With a walk score of 49, around 11,388 residents, and 1,618 jobs, Driftwood offers a balanced and dynamic living experience. Real estate experts at Redfin can provide valuable guidance and expertise in finding the perfect home.
Exploring Open Houses
If you're interested in getting a firsthand look at the available properties in Driftwood, there are two open houses worth considering.
The first open house features a beautifully renovated 3-bed, 2-bath home with modern amenities priced at $490,000.
The second option is a split-level 3-bed, 2-bath home with a pool, priced at $440,000. Additionally, there's another 2-bed, 2-bath home listed at $249,000. Each of these properties offers unique features and potential, making them excellent choices for prospective buyers.
Real Estate Brokerages in Driftwood
Navigating the real estate market can be overwhelming, but Driftwood offers a range of options with various brokerages.
The neighborhood features listings from different real estate brokerages, providing potential buyers and renters with a wide array of choices. Whether you're looking for a cozy family home, a modern apartment, or an investment property, these brokerages can cater to your needs and preferences.
Driftwood Neighborhood Community
Being a part of a close-knit community can significantly impact one's living experience. Let's explore the various community-driven activities and events in Driftwood.
The Driftwood Civic North neighborhood and the Driftwood Hollywood neighborhood foster a strong sense of community and offer numerous opportunities for residents to connect and engage. From local events to social gatherings, these community-centric initiatives contribute to the warm and inviting atmosphere of Driftwood.
Engaging with Local Platforms
To stay updated with the latest news, events, and developments in Driftwood, residents and enthusiasts can make use of various online platforms.
Online services are encouraged in Driftwood, with the city website providing essential updates and information Additionally, platforms like Abode Real Estate can be valuable resources for engaging with neighbors, reporting issues, and promoting community-based initiatives.
Browse Homes for Sale in Other Hollywood Neighborhoods
Conclusion
Driftwood, located in the heart of Hollywood, FL, offers a unique blend of culture, real estate opportunities, and a thriving community.
With its diverse population, attractive properties, and abundance of amenities, Driftwood has become a desirable destination for individuals and families seeking a vibrant and welcoming neighborhood to call home.
For those interested in exploring this charming community further, the available real estate listings and local resources are readily accessible. Whether you're considering buying, renting, or investing, Driftwood has something to offer everyone.
Frequently Asked Questions
Q. Is Driftwood a safe neighborhood?
A. Driftwood is generally considered a safe neighborhood, but it's always advisable to exercise caution and familiarize yourself with the specific area you're interested in before making any decisions.
Q. What are the popular housing styles in Driftwood?
A. Driftwood features a mix of housing styles, including single-family homes, townhouses, and apartments. The neighborhood's real estate offers a variety of options to suit different preferences.
Q. Are there recreational parks in Driftwood?
A. Yes, Driftwood boasts several recreational parks and green spaces where residents can enjoy outdoor activities and leisure.
Q. How do I find a reliable real estate agent in Driftwood?
A. Finding a trustworthy real estate agent is crucial when buying or selling a property. You can start by researching local real estate agencies and reading reviews from previous clients.
Q. Are there community events in Driftwood?
A. Yes, Driftwood hosts various community events throughout the year, providing residents with opportunities to connect and participate in local activities.
Fort Lauderdale Area City Guide
- Coconut Creek
- Cooper City
- Coral Springs
- Dania Beach
- Davie
- Deerfield Beach
- Fort Lauderdale
- Hallandale Beach
- Hillsboro Beach
- Hollywood
- Lauderdale By The Sea
- Lauderdale Lakes
- Lauderhill
- Lighthouse Point
- Margate
- Miramar
- North Lauderdale
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- Pembroke Park
- Pembroke Pines
- Plantation
- Pompano Beach
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- Sunrise
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