7365 Forest Park Way, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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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 | |
|---|---|---|---|---|
| 7373 Forest Park Way | Single Family | 1,833 | B |
 |
| 7357 Forest Park Way | Single Family | 1,920 | B |
|
| 7381 Forest Park Way | Single Family | 2,083 | B |
|
| 7349 Forest Park Way | Single Family | 1,636 | B |
|
| 10550 Conway Trl | Single Family | 2,581 | B |
|
| 7389 Forest Park Way | Single Family | 1,778 | B |
|
| 10558 Conway Trl | Single Family | 2,473 | B |
|
| 10551 Conway Trl | Single Family | 2,733 | B |
|
| 7397 Forest Park Way | Single Family | 2,602 | B |
|
| 10566 Conway Trl | Single Family | 2,139 | B |
|
| 10559 Conway Trl | Single Family | 2,710 | B |
|
| 7405 Forest Park Way | Single Family | 1,636 | B |
|
| 7398 Forest Park Way | Single Family | 2,776 | B |
|
| 10567 Conway Trl | Single Family | 2,581 | B |
|
| 10574 Conway Trl | Single Family | 2,581 | B |
|
| 7413 Forest Park Way | Single Family | 2,139 | B |
|
| 7406 Forest Park Way | Single Family | 2,710 | B |
|
| 7410 Greenport Cv | Single Family | 3,990 | B |
|
| 10575 Conway Trl | Single Family | 2,681 | B |
|
| 7418 Greenport Cv | Single Family | 3,095 | B |
|
| 10582 Conway Trl | Single Family | 2,591 | B |
|
| 7420 Briella Dr | Condominium | 1,877 | B |
|
| 7422 Briella Dr | Condominium | 1,543 | B |
|
| 7419 Briella Dr | Condominium | 1,674 | B |
|
| 7421 Briella Dr | Condominium | 1,877 | B |
|
| 7421 Forest Park Way | Single Family | 1,920 | B |
|
| 7417 Briella Dr | Condominium | 1,543 | B |
|
| 7416 Briella Dr | Condominium | 1,877 | B |
|
| 7414 Briella Dr | Condominium | 1,674 | B |
|
| 7415 Briella Dr | Condominium | 1,877 | B |
|
| 7414 Forest Park Way | Single Family | 2,678 | B |
|
| 7426 Briella Dr | Condominium | 1,543 | B |
|
| 7425 Briella Dr | Condominium | 1,877 | B |
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| 7424 Briella Dr | Condominium | 1,674 | B |
|
| 7427 Briella Dr | Condominium | 1,543 | B |
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| 7402 Greenport Cv | Single Family | 3,095 | B |
|
| 7412 Briella Dr | Condominium | 1,543 | B |
|
| 7410 Briella Dr | Condominium | 1,674 | B |
|
| 7411 Briella Dr | Condominium | 1,877 | B |
|
| 10583 Conway Trl | Single Family | 2,710 | B |
|
| 10590 Conway Trl | Single Family | 1,862 | B |
|
| 7407 Briella Dr | Condominium | 1,543 | B |
|
| 7409 Briella Dr | Condominium | 1,674 | B |
|
| 7408 Briella Dr | Condominium | 1,543 | B |
|
| 7406 Briella Dr | Condominium | 1,877 | B |
|
| 7426 Greenport Cv | Single Family | 3,997 | B |
|
| 7431 Briella Dr | Condominium | 1,543 | B |
|
| 7429 Briella Dr | Condominium | 1,674 | B |
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| 7428 Briella Dr | Condominium | 1,674 | B |
|
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 84 of all properties in this area. This suggests it would appeal to someone earning around $126,385 per year who should qualify for a mortgage between $252,770 and $315,963.
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 84 of all properties in this area. This corresponds to a rent of $1,481 per month and a monthly household income of $4,033 ($48,396 per year)
Nearby Companies
10568 Richfield Way
7349 Forest Park Way
7394 Briella Dr
7391 Briella Dr
7403 Briella Dr
7421 Briella Dr
7420 Briella Dr
7417 Briella Dr