Playland Estates median real estate price is $61,331, which is less expensive than 97.2% of Florida neighborhoods and 94.8% of all U.S. neighborhoods.
The average rental price in Playland Estates is currently $1,266, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.7% of the neighborhoods in Florida.
Playland Estates is an urban neighborhood (based on population density) located in Hollywood, Florida.
Playland Estates real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Playland Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Playland Estates. The current real estate vacancy rate here is 31.0%. This is higher than the rate of vacancies in 94.6% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.