9640 Majestic 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 | |
|---|---|---|---|---|
| 9650 Majestic Way | Single Family | 2,459 | B |
 |
| 9626 Majestic Way | Single Family | 2,835 | B |
|
| 9664 Majestic Way | Single Family | 2,455 | B |
|
| 9610 Majestic Way | Single Family | 2,459 | B |
|
| 9625 Majestic Way | Single Family | 2,549 | B |
|
| 9649 Majestic Way | Single Family | 2,538 | B |
|
| 9672 Majestic Way | Single Family | 2,581 | B |
|
| 9633 Majestic Way | Single Family | 2,459 | B |
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| 9600 Majestic Way | Single Family | 2,310 | B |
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| 9657 Majestic Way | Single Family | 2,459 | B |
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| 9617 Majestic Way | Single Family | 2,734 | B |
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| 9641 Majestic Way | Single Family | 2,744 | B |
|
| 9743 Sun Pointe Dr | Single Family | 2,677 | B |
|
| 9665 Majestic Way | Single Family | 2,101 | B |
|
| 9619 Majestic Way | Municipal Owned | 0 | L | |
| 9751 Sun Pointe Dr | Single Family | 2,655 | B |
|
| 9609 Majestic Way | Single Family | 2,455 | B |
|
| 9735 Sun Pointe Dr | Single Family | 2,361 | B |
|
| 9680 Majestic Way | Single Family | 2,459 | B |
|
| 9673 Majestic Way | Single Family | 2,459 | B |
|
| 9592 Majestic Way | Single Family | 2,204 | B |
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| 9601 Majestic Way | Single Family | 2,455 | B |
|
| 6020 Sun Berry Cir | Single Family | 2,595 | B |
|
| 9759 Sun Pointe Dr | Single Family | 2,272 | B |
|
| 6016 Sun Berry Cir | Single Family | 2,455 | B |
|
| 9681 Majestic Way | Single Family | 2,459 | B |
|
| 9727 Sun Pointe Dr | Single Family | 2,485 | B |
|
| 6024 Sun Berry Cir | Single Family | 2,783 | B |
|
| 6161 Country Fair Cir | Single Family | 1,864 | B |
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| 9688 Majestic Way | Single Family | 2,212 | B |
|
| 6157 Country Fair Cir | Single Family | 1,956 | B |
|
| 6165 Country Fair Cir | Single Family | 1,950 | B |
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| 6012 Sun Berry Cir | Single Family | 2,543 | B |
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| 6153 Country Fair Cir | Single Family | 1,544 | B |
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| 9593 Majestic Way | Single Family | 2,333 | B |
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| 6169 Country Fair Cir | Single Family | 1,611 | B |
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| 6149 Country Fair Cir | Single Family | 1,302 | B |
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| 9724 El Clair Ranch Rd | Single Family | 2,489 | B |
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| 9732 El Clair Ranch Rd | Single Family | 2,902 | B |
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| 6173 Country Fair Cir | Single Family | 1,334 | B |
|
| 9767 Sun Pointe Dr | Single Family | 2,581 | B |
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| 9689 Majestic Way | Single Family | 2,219 | B |
|
| 6008 Sun Berry Cir | Single Family | 2,693 | B |
|
| 6145 Country Fair Cir | Single Family | 1,320 | B |
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| 9740 El Clair Ranch Rd | Single Family | 2,084 | B |
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| 6177 Country Fair Cir | Single Family | 1,544 | B |
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| 6028 Sun Berry Cir | Single Family | 2,715 | B |
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| 9696 Majestic Way | Single Family | 2,455 | B |
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| 9585 Majestic Way | Single Family | 2,611 | 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 75 of all properties in this area. This suggests it would appeal to someone earning around $100,188 per year who should qualify for a mortgage between $200,376 and $250,470.
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 75 of all properties in this area. This corresponds to a rent of $1,287 per month and a monthly household income of $3,479 ($41,748 per year)
Nearby Companies
6158 Country Fair Cir
6158 Country Fair Cir
6165 Country Fair Cir
9592 Majestic Way
9592 Majestic Way
6172 Country Fair Cir
6177 Country Fair Cir
9609 Majestic Way
9601 Majestic Way
9601 Majestic Way
9767 Sun Pointe Dr
9751 Sun Pointe Dr
9751 Sun Pointe Dr
9672 Majestic Way
6157 Country Fair Cir
9727 Sun Pointe Dr