6924 Balboa Island Ct, 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:
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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 | |
|---|---|---|---|---|
| 6916 Balboa Island Ct | Single Family | 3,798 | B |
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| 6932 Balboa Island Ct | Single Family | 3,807 | B |
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| 6940 Balboa Island Ct | Single Family | 3,690 | B |
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| 6908 Balboa Island Ct | Single Family | 3,798 | B |
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| 6925 Balboa Island Ct | Single Family | 3,798 | B |
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| 6909 Balboa Island Ct | Single Family | 3,743 | B |
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| 6941 Balboa Island Ct | Single Family | 3,805 | B |
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| 6900 Balboa Island Ct | Single Family | 3,798 | B |
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| 6948 Balboa Island Ct | Single Family | 3,678 | B |
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| 6893 Balboa Island Ct | Single Family | 3,785 | B |
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| 6949 Balboa Island Ct | Single Family | 3,800 | B |
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| 13285 Vedra Lake Cir | Single Family | 2,818 | B |
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| 13105 Vedra Lake Cir | Single Family | 3,088 | B |
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| 6892 Balboa Island Ct | Single Family | 3,736 | B |
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| 6956 Balboa Island Ct | Single Family | 3,681 | B |
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| 13279 Vedra Lake Cir | Single Family | 2,798 | B |
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| 13111 Vedra Lake Cir | Single Family | 3,127 | B |
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| 6957 Balboa Island Ct | Single Family | 3,776 | B |
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| 7159 Imperial Beach Cir | Single Family | 2,674 | B |
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| 13273 Vedra Lake Cir | Single Family | 3,056 | B |
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| 13117 Vedra Lake Cir | Single Family | 3,071 | B |
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| 6877 Balboa Island Ct | Single Family | 3,743 | B |
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| 7151 Imperial Beach Cir | Single Family | 2,763 | B |
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| 6884 Balboa Island Ct | Single Family | 3,647 | B |
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| 7167 Imperial Beach Cir | Single Family | 2,592 | B |
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| 7175 Imperial Beach Cir | Single Family | 2,787 | B |
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| 13267 Vedra Lake Cir | Single Family | 3,276 | B |
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| 13123 Vedra Lake Cir | Single Family | 3,071 | B |
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| 7155 Arcadia Bay Ct | Single Family | 3,230 | B |
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| 7183 Imperial Beach Cir | Single Family | 2,592 | B |
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| 7143 Imperial Beach Cir | Single Family | 2,674 | B |
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| 6876 Balboa Island Ct | Single Family | 3,678 | B |
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| 7154 Arcadia Bay Ct | Single Family | 4,058 | 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 98 of all properties in this area. This suggests it would appeal to someone earning around $382,868 per year who should qualify for a mortgage between $765,736 and $957,170.
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 98 of all properties in this area. This corresponds to a rent of $2,483 per month and a monthly household income of $6,090 ($73,080 per year)
Nearby Companies
13285 Vedra Lake Cir
7154 Arcadia Bay Ct