Sitting in northwest Broward County and away from the larger cities on the coast, Coral Springs, Florida, is a quiet alternative to city living. The town has had a interesting history, from its establishment over a large section of marsh in 1963 to its world record for creating the largest hamburger and milkshake for its 25th anniversary in 1988.
Coral Springs, FL is a great place for affordable rent-to-own homes! With a median household income of over $77,488 and a median rent of $1,567, the Coral Springs, FL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Coral Springs, FL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Coral Springs, FL is seeing rapid growth and Coral Springs, FL's' housing market remains not optimal with an average home price that is 70% above the 2023 national average. Coral Springs, FL is part of Broward county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2023 for county Broward is 1.08% which is above the national average, which is 0.99%.
Housing Statistics The price of a home in Coral Springs tends to run high, at an average of almost $332,000 dollars. A townhouse for sale can cost an average of over $229,000. A single family home can set you back over $386,000. Renters can also expect to pay more, with gross rent prices of over $1,000. At these prices a rent to own home arrangement could be ideal, but prepare for a thorough search. Only 5 percent of properties in the area are vacant.
School Systems Coral Springs is part of the Broward County School System based in Fort Lauderdale. Your children can enjoy a traditional education, as well as a selection of alternative and magnet programs. Among these are a S.T.E.M (Science, Technology, Math, and Engineering) program, a specialized broadcasting and print journalism program, the Cambridge program, and an International Baccalaureate program.
Transportation and Commutes The Sawgrass Expressway is a main road in the city, beginning at the Florida Turnpike to the east and looping around to Coral Springs' western border. It continues far into southern Miami-Dade County. The Turnpike is another option for southern commuters or those looking to travel north, but both are toll roads. Those looking to avoid tolls can take Highway 441 or Interstate 95 to the east. Local public transportation is provided by Broward County Transit, which can take you anywhere in the county. Two main routes travel down University Drive and Highway 441 and can go as far as Miami-Dade County.
Local Sports Florida Panthers fans will appreciate that the team's official practice facility is located in town. The Saveology Iceplex on Sportsplex Drive also hosts skating lessons, freestyle skating sessions and its own hockey programs. It also serves as a venue for birthdays year round. Eastward on Wiles Road near the Betti Stradling Memorial Park is the American Dragon Martial Arts Academy, providing lessons for children and adults, as well as kickboxing classes. If your child expresses an interest in karate lessons, the academy also offers a birthday package that includes fun activities and lessons, and he or she will be an honorary black belt for the day. For quieter activities, head to the Country Club of Coral Springs on West Sample Road. It offers an 18 hole course, as well as member events and tournaments. Lessons are also available at the club's golf academy.
Arts and Culture The centrally located Coral Springs Center for the Arts is a popular destination. It provides a year-round schedule full of music, movies, stand-up comedy and family friendly productions. Also housed in the facility are meeting rooms for private events, a dance studio and the Coral Springs Museum of Art. The Center for the Arts sees over 200,000 visitors a year. The aforementioned Museum of Art was established in 1997 and highlights local artists with traditional and postmodern art styles. This museum's philosophy is all about letting patrons immerse themselves in the art as opposed to the "look, don't touch" mentality of other museums. New exhibits arrive every three months, but their permanent collection includes the work displayed in two gardens: the Sculpture Garden and the Peace Garden. Both showcase local flora and are certified as Natural Wildlife Habitats. Annually, the museum sees over 30,000 visitors.