4568 Myrtle Ln, West Palm Beach
Palm Beach County Real Estate - West Palm Beach
West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.
The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.
There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.
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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 | |
|---|---|---|---|---|
| 4574 Myrtle Ln | Multi-family - less than 10 units | 1,771 | B |
 |
| 4572 Myrtle Ln | Single Family | 1,690 | B |
|
| 4585 Vilma Ln | Multi-family - less than 10 units | 3,218 | B |
|
| 4551 Vilma Ln | Single Family | 1,579 | B |
|
| 4601 Vilma Ln | Multi-family - less than 10 units | 2,892 | B |
|
| 4601 Myrtle Ln | Multi-family - less than 10 units | 0 | B | |
| 1649 N Military Trl | Store, one story | 2,520 | B |
|
| 4559 Vilma Ln | Multi-family - less than 10 units | 2,190 | B |
|
| 4615 Vilma Ln | Multi-family - less than 10 units | 1,577 | B |
|
| 4557 Myrtle Ln | Single Family | 1,445 | B |
|
| 4630 Myrtle Ln | Multi-family - less than 10 units | 1,877 | B |
|
| 4641 Myrtle Ln | Multi-family - less than 10 units | 1,381 | B |
|
| 4651 Vilma Ln | Single Family | 1,244 | B |
|
| 4629 Myrtle Ln | Multi-family - less than 10 units | 1,686 | B |
|
| 4554 Myla Ln | Multi-family - less than 10 units | 5,564 | B |
|
| 4642 Myrtle Ln | Multi-family - less than 10 units | 2,765 | B |
|
| 1611 N Military Trl | Store, one story | 9,760 | B |
|
| 4586 Myla Ln | Multi-family - less than 10 units | 1,894 | B |
|
| 4639 Vilma Ln | Multi-family - less than 10 units | 1,536 | B |
|
| 4602 Myla Ln | Multi-family - less than 10 units | 1,874 | B |
|
| 4572 Myla Ln | Single Family | 1,404 | B |
|
| 1649 N Military Trl | Store, one story | 7,200 | B |
|
| 1601 N Military Trl | Store, one story | 3,696 | B |
|
| 1681 N Military Trl | Auto sales, auto repair and storage or auto service shop | 7,602 | B |
|
| 4645 Myrtle Ln | Multi-family - less than 10 units | 2,072 | B |
|
| 4616 Myla Ln | Multi-family - less than 10 units | 2,182 | B |
|
| 4636 Myrtle Ln | Single Family | 942 | B |
|
| 4628 Myla Ln | Multi-family - less than 10 units | 3,770 | B |
|
| 4655 Vilma Ln | Multi-family - less than 10 units | 2,443 | B |
|
| 4646 Vilma Ln | Single Family | 705 | B |
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| 4657 Myrtle Ln | Multi-family - less than 10 units | 2,072 | B |
|
| 4642 Myla Ln | Multi-family - less than 10 units | 2,804 | B |
|
| 4638 Myrtle Ln | Multi-family - less than 10 units | 1,631 | B |
|
| 1701 N Military Trl | Auto sales, auto repair and storage or auto service shop | 5,400 | B |
|
| 4671 Vilma Ln | Multi-family - less than 10 units | 2,500 | B |
|
| 4652 Vilma Ln | Multi-family - less than 10 units | 1,408 | B |
|
| 1583 N Military Trl | Store, one story | 15,460 | B |
|
Local Household Income
The median household income in this part of Florida is $47,354. The bottom 10% of the population earn less than $12,913 per year. The top 10% earn more than $158,251 per year. The top 1% earn more than $683,394 per year. Most renters earn between $26,016 (20th percentile) and $44,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,708 and $118,385.
The tax assessed value of this property places it in percentile 42 of all properties in this area. This suggests it would appeal to someone earning around $40,370 per year who should qualify for a mortgage between $80,740 and $100,925.
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 $1,000. Most renters earn between $2,168 and $3,715 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $716 (20th percentile) to $1,364 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 42 of all properties in this area. This corresponds to a rent of $937 per month and a monthly household income of $2,671 ($32,052 per year)
Nearby Companies
1701 N Military Trl
1701 N Military Trl
4664 Vilma Ln
4647 Myrtle Ln
4616 Myrtle Ln
4551 Vilma Ln
4551 Vilma Ln
1601 North Military Trl
4572 Myrtle Ln
1611 N Military Trl
1607 N Military Trl
4583 Myrtle Ln
1649 N Military Trl