7501 Carmela Way, 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 | |
|---|---|---|---|---|
| 7493 Carmela Way | Single Family | 2,999 | B |
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| 7509 Carmela Way | Single Family | 3,158 | B |
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| 7485 Carmela Way | Single Family | 3,182 | B |
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| 7517 Carmela Way | Single Family | 3,203 | B |
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| 7502 Carmela Way | Single Family | 3,165 | B |
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| 7510 Carmela Way | Single Family | 3,205 | B |
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| 7494 Carmela Way | Single Family | 3,158 | B |
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| 7477 Carmela Way | Single Family | 3,158 | B |
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| 7518 Carmela Way | Single Family | 3,164 | B |
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| 7525 Carmela Way | Single Family | 3,164 | B |
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| 7486 Carmela Way | Single Family | 3,166 | B |
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| 7526 Carmela Way | Single Family | 3,158 | B |
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| 7469 Carmela Way | Single Family | 3,182 | B |
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| 7534 Carmela Way | Single Family | 3,182 | B |
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| 7478 Carmela Way | Single Family | 3,167 | B |
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| 7533 Carmela Way | Single Family | 3,182 | B |
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| 6598 Sand City Way | Single Family | 3,223 | B |
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| 6590 Sand City Way | Single Family | 3,089 | B |
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| 6606 Sand City Way | Single Family | 3,165 | B |
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| 6582 Sand City Way | Single Family | 3,205 | B |
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| 7461 Carmela Way | Single Family | 3,190 | B |
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| 7470 Carmela Way | Single Family | 3,214 | B |
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| 6614 Sand City Way | Single Family | 3,158 | B |
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| 6574 Sand City Way | Single Family | 3,158 | B |
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| 6622 Sand City Way | Single Family | 3,158 | B |
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| 6566 Sand City Way | Single Family | 3,168 | B |
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| 7462 Carmela Way | Single Family | 3,158 | B |
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| 6599 Capistrano Beach Trl | Single Family | 2,674 | B |
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| 6591 Capistrano Beach Trl | Single Family | 2,625 | B |
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| 7453 Carmela Way | Single Family | 3,158 | B |
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| 6607 Capistrano Beach Trl | Single Family | 2,278 | B |
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| 6583 Capistrano Beach Trl | Single Family | 2,278 | B |
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| 6615 Capistrano Beach Trl | Single Family | 2,756 | B |
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| 6558 Sand City Way | Single Family | 3,188 | B |
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| 6575 Capistrano Beach Trl | Single Family | 2,278 | B |
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| 6623 Capistrano Beach Trl | Single Family | 2,689 | B |
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| 6567 Capistrano Beach Trl | Single Family | 2,592 | B |
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| 7454 Carmela Way | Single Family | 3,158 | 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 97 of all properties in this area. This suggests it would appeal to someone earning around $326,514 per year who should qualify for a mortgage between $653,028 and $816,285.
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 97 of all properties in this area. This corresponds to a rent of $2,250 per month and a monthly household income of $5,503 ($66,036 per year)
Nearby Companies
7509 Carmela Way
7493 Carmela Way
6606 Sand City Way
6606 Sand City Way
6606 Sand City Way
6606 Sand City Way
6590 Sand City Way