6064 N Ocean Blvd, Ocean Ridge

6064 N Ocean Blvd is a 1,438 sq ft Single Family in Ocean Ridge. It was built in 1947. 6064 N Ocean Blvd sits on 0.63 acres of land. In 2015 similar properties sold for between $75,586 and $111,213. We estimate the income value of 6064 N Ocean Blvd at $209,186. The assumptions we used to calculate this value are include in the spreadsheet linked below. Ocean Ridge is in Palm Beach County, Florida.

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6064 N Ocean Blvd Property Summary

6064 N Ocean Blvd
Ocean Ridge
FL 33435

Property Size:1,438 sq ft
Year Built:1947
Property Class:B3
Lat, Long: 26.522, -80.050

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 6064 N Ocean Blvd, Ocean Ridge, FL 33435
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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 6064 N Ocean Blvd

Market Data

In 2015 class A single family properties in Ocean Ridge sold for $131.52 to 810.56 per sq ft with a median price per sq ft of $147.22. Class B properties sold for $89.38 to 131.51 per sq ft with a median of $111.07 and class C properties sold for $10.45 to 89.37 per sq ft with a median of $79.79.

Market Valuation

6064 N Ocean Blvd appears to be a B Class property. Suggested value: $93,928

Value111,213 93,928 75,586

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $209,186. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 6064 N Ocean Blvd:

  • The Household Income estimate assumes the tenant has a total household income of $326,514 and spends 39% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $10,612
Household Income - Renters $2,805
Market Rents $3,014
Price/Ft $1,064

Expense Estimates:

  • Census data records show 9% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 6064 N Ocean Blvd. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Monthly Rent3,014
Annual Rent per Sq Ft25.00
Gross Annual Rent36,172
Vacancies and Bad Debt14%
Vacancies and Bad Debt Amount5,064
HOA, Utilities and CAM0
Property Taxes11,020
Management Fees3,617
Cap Rate7
Estimated Value209,186
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.

The tax assessed value of this property places it in percentile 97 of all properties in this area. This suggests it would appeal to someone earning around $326,514 per year who should qualify for a mortgage between $653,028 and $816,285.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 97 of all properties in this area. This corresponds to a rent of $2,250 per month and a monthly household income of $5,503 ($66,036 per year)


  1. 6064 N Ocean Blvd, Ocean Ridge, FL on Zillow
  2. Recent Sales near 6064 N Ocean Blvd, Ocean Ridge, FL on Realtor.com
  3. 6064 N Ocean Blvd, Ocean Ridge, FL on Google Maps
  4. 6064 N Ocean Blvd Walkscore
  5. Ocean Ridge, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Jybc Properties, LLC (6073 Old Ocean Blvd)
  2. Protective Medical Funding, LLC (6102 N Ocean Blvd)
  3. Drg Management Consulting, Inc. (6110 Ridge Ln)
  4. Corvetteology, LLC (6000 N Ocean Blvd)
  5. Jasl, LLC (1 Corrine St)
  6. Rmr Family Limited Liability Company (1 Corrine St)
  7. Sb Farms, LLC (6064 North Ocean Blvd)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.