11259 Island Lakes Ln, Boca Raton
Palm Beach County Real Estate - Loxahatchee
Loxahatchee is in South East Florida. Loxahatchee is approximately 43 miles from Miami (population 399,457) and around 39 miles from Hialeah (population 224,669).
Loxahatchee links:
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 11311 Lake Tree Ct | Single Family | 3,381 | B |
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| 11247 Island Lakes Ln | Single Family | 3,234 | B |
|
| 11258 Island Lakes Ln | Single Family | 2,628 | B |
|
| 11252 Island Lakes Ln | Single Family | 2,979 | B |
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| 11241 Island Lakes Ln | Single Family | 3,120 | B |
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| 11264 Island Lakes Ln | Single Family | 3,213 | B |
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| 11321 Lake Tree Ct | Single Family | 3,234 | B |
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| 11246 Island Lakes Ln | Single Family | 3,023 | B |
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| 11310 Lake Tree Ct | Single Family | 2,982 | B |
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| 11270 Island Lakes Ln | Single Family | 3,063 | B |
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| 11240 Island Lakes Ln | Single Family | 2,780 | B |
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| 11235 Island Lakes Ln | Single Family | 3,095 | B |
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| 11331 Lake Tree Ct | Single Family | 3,213 | B |
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| 11320 Lake Tree Ct | Single Family | 3,454 | B |
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| 11283 Island Lakes Ln | Single Family | 3,644 | B |
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| 11276 Island Lakes Ln | Single Family | 2,736 | B |
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| 11234 Island Lakes Ln | Single Family | 3,332 | B |
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| 11341 Lake Tree Ct | Single Family | 3,231 | B |
|
| 11229 Island Lakes Ln | Single Family | 2,982 | B |
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| 11282 Island Lakes Ln | Single Family | 2,976 | B |
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| 11228 Island Lakes Ln | Single Family | 2,856 | B |
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| 11289 Island Lakes Ln | Single Family | 2,971 | B |
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| 11340 Lake Tree Ct | Single Family | 3,295 | B |
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| 11223 Island Lakes Ln | Single Family | 3,025 | B |
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| 11351 Lake Tree Ct | Single Family | 3,621 | B |
|
| 20380 Hacienda Ct | Single Family | 3,074 | B |
|
| 11288 Island Lakes Ln | Single Family | 3,018 | B |
|
Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 86 of all properties in this area. This suggests it would appeal to someone earning around $173,589 per year who should qualify for a mortgage between $347,178 and $433,973.
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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 86 of all properties in this area. This corresponds to a rent of $1,867 per month and a monthly household income of $5,984 ($71,808 per year)
Nearby Companies
11241 Island Lakes Ln
11241 Island Lakes Ln
11217 Island Lakes Ln
11217 Island Lakes Ln
11360 Lake Tree Ct
11320 Lake Tree Ct