Pompano Beach Real Estate
History
Pompano Beach was settled about 1900, and incorporated as a town in 1908. Its name is derived from the Florida pompano (Trachinotus carolinus), a fish found off the Atlantic coast. Pompano Beach experienced significant growth during the Florida land boom of the 1920s. In 1950, the population of the city reached 5,682. Like most of southeast Florida, Pompano Beach experienced great growth in the late 20th century as many people moved there from northern parts of the United States. A substantial seasonal population also spends its winters in the area. In 2004, John Rayson was elected as the first official mayor of Pompano. In recent years, an effort to rejuvenate rundown areas, an example of urban blight, near the city's beach has gained momentum and is undergoing a multibillion dollar building boom.
Real Estate
Pompano Beach is in northeast Broward County along the Atlantic Ocean. It includes about three (3) miles of beachfront that extends from the intersection of Florida State Road A1A and Terra Mar Drive to the Hillsboro Inlet. The city has also been listed as one of the top real estate markets being featured in CNN, Money and the Wall Street Journal as one of the country's top vacation home markets.
Redevelopment
As of 2004, the population estimated by the U.S. Census Bureau was 88,874; however, due to a recent annexation of neighboring Pompano Beach Highlands and Collier Manor-Cresthaven, the population of the city has surpassed 100,000. Pompano Beach is currently in the middle of a redevelopment process of its neglected beachfront which promises to reinvent the city.
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