4432 Broadway St, Lake Worth
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
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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 | |
|---|---|---|---|---|
| 4420 Broadway St | Multi-family - less than 10 units | 2,200 | B |
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| 4448 Broadway St | Store, one story | 4,440 | B |
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| 4421 Marilyn Dr | Single Family | 2,246 | B |
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| 4400 Broadway St | Multi-family - less than 10 units | 2,186 | B |
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| 4415 Marilyn Dr | Single Family | 1,012 | B |
|
| 3180 S Military Trl | Auto sales, auto repair and storage or auto service shop | 6,763 | B |
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| 4431 Broadway St | Single Family | 1,793 | B |
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| 4389 Marilyn Dr | Single Family | 1,262 | B |
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| 4421 Broadway St | Single Family | 1,396 | B |
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| 4443 Broadway St | Single Family | 1,634 | B |
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| 3170 S Military Trl | Store, one story | 5,328 | B |
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| 4386 Broadway St | Single Family | 1,254 | B |
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| 4409 Broadway St | Single Family | 1,477 | B |
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| 4447 Broadway St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2,730 | B |
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| 4397 Broadway St | Single Family | 1,838 | B |
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| 4424 Marilyn Dr | Single Family | 2,059 | B |
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| 4371 Marilyn Dr | Single Family | 1,868 | B |
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| 4387 Broadway St | Single Family | 1,849 | B |
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| 3116 S Military Trl | Restaurant, cafeteria | 2,238 | B |
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| 4410 Marilyn Dr | Single Family | 1,931 | B |
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| 4358 Broadway St | Multi-family - less than 10 units | 5,292 | B |
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| 4396 Marilyn Dr | Single Family | 1,310 | B |
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| 3222 S Military Trl | Packing plant (fruit and vegetable or meat packing) | 10,602 | B |
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| 4367 Broadway St | Single Family | 1,340 | B |
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| 4361 Marilyn Dr | Multi-family - less than 10 units | 2,658 | B |
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| 4380 Marilyn Dr | Single Family | 1,736 | B |
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| 3064 S Military Trl | Mixed use - store and office or store and residential or residential combination | 14,507 | B |
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| 4363 Broadway St | Single Family | 2,109 | B |
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| 10th Ave N | Office building, non-professional service building, one story | 0 | L | |
| 4433 10th Ave N | Office building, non-professional service building, one story | 1,357 | B |
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| 4441 10th Ave N | Mixed use - store and office or store and residential or residential combination | 3,121 | B |
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| 4409 10th Ave N | Multi-family - less than 10 units | 3,369 | C |
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| 4368 Marilyn Dr | Multi-family - less than 10 units | 2,420 | B |
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| 4342 Broadway St | Multi-family - less than 10 units | 8,820 | B |
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| 4353 Broadway St | Single Family | 1,356 | B |
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| 4331 Marilyn Dr | Single Family | 1,251 | B |
|
Local Household Income
The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.
The tax assessed value of this property places it in percentile 55 of all properties in this area. This suggests it would appeal to someone earning around $49,931 per year who should qualify for a mortgage between $99,862 and $124,828.
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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 55 of all properties in this area. This corresponds to a rent of $1,077 per month and a monthly household income of $2,950 ($35,400 per year)
Nearby Companies
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3044 S Military Trl
3044 S Military Trl
3044 S Military Trl
3044 S Military Trl
3044 S Military Trl
3044 S Military Trl
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3064 S Military Trl
3064 S Military Trl
3064 S Military Trl
3090 S Military Trl
3090 S Military Trl
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3170 S Military Trl
3170 S Military Trl
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4448 Broadway St
4447 Broadway St
4447 Broadway St
4444 Broadway St
4424 Marilyn Dr
4442 Broadway St
4432 Broadway St
4396 Marilyn Dr
4386 Broadway St
4441 10th Ave N
4433 10th Ave N