The town of Davie, located in southeastern Florida, was developed in the early 1900s from drained swamp lands. It has always had a Western flare, boasting many horse farms, and in the past, it was home to large cattle operations. Residents and visitors to the town enjoy the events at the Bergeron Rodeo Grounds and cheering on the team at the Miami Dolphins Training Facility. While it is considered a suburb of Miami, the many green spaces, parks and riding trails distinguish Davie from other cities in the region. Davie is also home to the campuses of several major colleges. including the University of Florida and Florida Atlantic University.
Davie, FL is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Davie, 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.
Davie, FL is seeing rapid growth and Davie, FL's' housing market remains optimal with an average home price that is -100% below the 2023 national average. Davie, 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%.
Davie Housing Statistics The beautiful tropical weather, nearby beaches and surf attract many to this area of Florida. Single story ranches, luxury condos and gated communities are all available in Davie. The median home sale price is $220,000. That figure has been steadily rising since the beginning of the year and is a remarkable increase from just two years ago. The real estate market in Davie stays relatively fresh because of the 19 percent annual residency turnover. The housing inventory in Davie consists of 71 percent of the homes in town being owned and 21 percent being rented. There is an 8 percent vacancy rate. The vacancy rates for apartments is around 5 percent. There are also a wide range of houses for rent and rent to own homes in Davie.
Nightlife Nightlife in Davie runs the gamut from cowboy boots to wine bars. The entertainment options include all music genres and a variety of culinary choices. Esmeralda Trattoria on University Drive offers a full bar, tapas and live music. Country fans can boot scoot the night away at Cowboys Saloon. Sports fans can watch a game at the Carolina Ale House or Billy's. The family-owned Ye Olde Falcon Pub has a wide selection of beers and features great English style food including shepherds pie and fish and chips.
Shop Until You Drop There are shopping opportunities in Davie for all budgets. Find vintage furniture, jewelry and gift items at Thrifarella's. The selection of glassware, art and antiques will please any collector. Shoe aficionados will want to check out DSW Designer Shoe Warehouse located at the Davie Tower Shops. Bicyclists can shop for a new bike, parts for an old one, or get their bike serviced at Alex's Bicycle Pro Shop. Grifs Western shop can get you dressed for a night on the dance floor or the local rodeo. For a downright unusual store with a strange name, visit Silly Farm Supplies. Body glitter, henna, wigs, nail art, brushes, sponges and everything else that is face and body art can be found there.
Davie Neighborhoods Residents in Davie enjoy easy access to major highways like I-95, and it's a quick drive to Ft. Lauderdale/Hollywood International Airport. Life in the many neighborhoods of Davie offers a wide selection of employment opportunities and numerous housing options. There are 16 distinct neighborhoods found in Davie. A few are listed here in detail: