389 Normandy I, Delray Beach
Palm Beach County Real Estate - Loxahatchee
Loxahatchee is in South East Florida. Loxahatchee is approximately 43 miles from Miami (population 399,457) and around 39 miles from Hialeah (population 224,669).
Loxahatchee links:
Links
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 | |
|---|---|---|---|---|
| 385 Normandy I | Condominium | 907 | B |
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| 388 Normandy I | Condominium | 907 | B |
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| 393 Normandy I | Condominium | 907 | B |
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| 392 Normandy I | Condominium | 760 | B |
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| 391 Normandy I | Condominium | 760 | B |
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| 397 Normandy I | Condominium | 907 | B |
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| 387 Normandy I | Condominium | 907 | B |
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| 386 Normandy I | Condominium | 907 | B |
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| 394 Normandy I | Condominium | 907 | B |
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| 395 Normandy I | Condominium | 907 | B |
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| 396 Normandy I | Condominium | 907 | B |
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| 390 Normandy I | Condominium | 907 | B |
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| 431 Normandy I | Condominium | 760 | B |
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| 432 Normandy I | Condominium | 760 | B |
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| 430 Normandy I | Condominium | 907 | B |
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| 429 Normandy I | Condominium | 907 | B |
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| 428 Normandy I | Condominium | 907 | B |
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| 427 Normandy I | Condominium | 907 | B |
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| 426 Normandy I | Condominium | 907 | B |
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| 425 Normandy I | Condominium | 907 | B |
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| 424 Normandy I | Condominium | 760 | B |
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| 423 Normandy I | Condominium | 760 | B |
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| 422 Normandy I | Condominium | 907 | B |
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| 421 Normandy I | Condominium | 907 | B |
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| 420 Normandy I | Condominium | 907 | B |
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| 419 Normandy I | Condominium | 907 | B |
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| 417 Normandy I | Condominium | 907 | B |
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| 418 Normandy I | Condominium | 907 | B |
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| 416 Normandy I | Condominium | 760 | B |
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| 398 Normandy I | Condominium | 907 | B |
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| 399 Normandy I | Condominium | 760 | B |
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| 400 Normandy I | Condominium | 760 | B |
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| 401 Normandy I | Condominium | 907 | B |
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| 402 Normandy I | Condominium | 907 | B |
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| 403 Normandy I | Condominium | 907 | B |
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| 404 Normandy I | Condominium | 907 | B |
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| 405 Normandy I | Condominium | 907 | B |
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| 406 Normandy I | Condominium | 907 | B |
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| 407 Normandy I | Condominium | 760 | B |
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| 408 Normandy I | Condominium | 760 | B |
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| 409 Normandy I | Condominium | 907 | B |
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| 410 Normandy I | Condominium | 907 | B |
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| 411 Normandy I | Condominium | 907 | B |
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| 412 Normandy I | Condominium | 907 | B |
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| 413 Normandy I | Condominium | 907 | B |
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| 414 Normandy I | Condominium | 907 | B |
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| 415 Normandy I | Condominium | 760 | B |
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| 658 Normandy N | Condominium | 907 | B |
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| 659 Normandy N | Condominium | 907 | B |
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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 7 of all properties in this area. This suggests it would appeal to someone earning around $12,093 per year who should qualify for a mortgage between $24,186 and $30,233.
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 7 of all properties in this area. This corresponds to a rent of $655 per month and a monthly household income of $1,478 ($17,736 per year)
Nearby Companies
616 Normandy