7198 Key Largo Way, Lake Worth
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%.
Boynton Beach 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 | |
|---|---|---|---|---|
| 7192 Key Largo Way | Single Family | 2,162 | B |
 |
| 7204 Key Largo Way | Single Family | 1,560 | B |
|
| 7186 Key Largo Way | Single Family | 2,162 | B |
|
| 7210 Key Largo Way | Single Family | 1,988 | B |
|
| 7216 Key Largo Way | Single Family | 2,162 | B |
|
| 7180 Key Largo Way | Single Family | 1,560 | B |
|
| 6780 Red Reef St | Single Family | 2,856 | B |
|
| 6786 Red Reef St | Single Family | 2,706 | B |
|
| 6776 Red Reef St | Single Family | 2,097 | B |
|
| 7193 Key Largo Way | Single Family | 1,988 | B |
|
| 7222 Key Largo Way | Single Family | 2,162 | B |
|
| 7174 Key Largo Way | Single Family | 2,487 | B |
|
| 6791 Barrier Reef St | Single Family | 2,856 | B |
|
| 6792 Red Reef St | Single Family | 2,097 | B |
|
| 6812 Long Key St | Single Family | 1,988 | B |
|
| 6799 Sugarloaf Key St | Single Family | 1,988 | B |
|
| 7228 Key Largo Way | Single Family | 1,988 | B |
|
| 7168 Craw Key Way | Single Family | 1,988 | B |
|
| 6785 Barrier Reef St | Single Family | 2,706 | B |
|
| 6805 Sugarloaf Key St | Single Family | 2,162 | B |
|
| 6818 Long Key St | Single Family | 2,162 | B |
|
| 6822 Sugarloaf Key St | Single Family | 1,988 | B |
|
| 7234 Key Largo Way | Single Family | 1,988 | B |
|
| 6811 Sugarloaf Key St | Single Family | 2,162 | B |
|
| 6824 Long Key St | Single Family | 1,799 | B |
|
| 6813 Big Pine Key St | Single Family | 1,978 | B |
|
| 6828 Sugarloaf Key St | Single Family | 1,560 | B |
|
| 7156 Craw Key Way | Single Family | 2,220 | B |
|
| 6817 Sugarloaf Key St | Single Family | 1,988 | B |
|
| 6800 Torch Key St | Single Family | 2,162 | B |
|
| 6804 Red Reef St | Single Family | 2,706 | B |
|
| 6781 Red Reef St | Single Family | 2,706 | B |
|
| 6779 Barrier Reef St | Single Family | 2,706 | B |
|
| 6819 Big Pine Key St | Single Family | 1,978 | B |
|
| 6830 Long Key St | Single Family | 1,560 | B |
|
| 6806 Torch Key St | Single Family | 1,988 | B |
|
| 6834 Sugarloaf Key St | Single Family | 1,871 | B |
|
| 6823 Sugarloaf Key St | Single Family | 2,162 | B |
|
| 6794 Coral Reef St | Single Family | 2,863 | B |
|
| 7150 Craw Key Way | Single Family | 1,871 | B |
|
| 6825 Big Pine Key St | Single Family | 2,162 | B |
|
| 6777 Red Reef St | Single Family | 1,823 | B |
|
| 6812 Torch Key St | Single Family | 2,162 | B |
|
| 6836 Long Key St | Single Family | 1,978 | B |
|
| 6829 Sugarloaf Key St | Single Family | 1,988 | B |
|
| 6840 Sugarloaf Key St | Single Family | 1,793 | B |
|
| 6818 Torch Key St | Single Family | 1,988 | B |
|
| 6796 Barrier Reef St | Single Family | 2,487 | B |
|
| 6831 Big Pine Key St | Single Family | 1,988 | 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 63 of all properties in this area. This suggests it would appeal to someone earning around $75,874 per year who should qualify for a mortgage between $151,748 and $189,685.
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 63 of all properties in this area. This corresponds to a rent of $1,144 per month and a monthly household income of $3,048 ($36,576 per year)
Nearby Companies
6847 Sugarloaf Key St
6780 Red Reef St
6780 Red Reef St
6780 Red Reef St
6782 Coral Reef St
7180 Key Largo Way
7144 Crawl Key Way
6807 Torch Key St
6826 Big Pine Key St
6813 Big Pine Key St
6822 Sugarloaf Key St
6778 Barrier Reef St
6760 Red Reef St
6760 Red Reef St
6760 Red Reef St
6773 Red Reef St
6773 Red Reef St
6773 Red Reef St
6773 Red Reef St
6772 Barrier Reef St
10332 Panama St