5235 Grande Palm Cir, Delray Beach
Palm Beach County Real Estate - Delray Beach
Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.
The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.
There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
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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 | |
|---|---|---|---|---|
| 5239 Grande Palm Cir | Single Family | 1,711 | B |
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| 5231 Grande Palm Cir | Single Family | 1,711 | B |
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| 5227 Grande Palm Cir | Single Family | 1,711 | B |
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| 5243 Grande Palm Cir | Single Family | 1,711 | B |
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| 5223 Grande Palm Cir | Single Family | 1,711 | B |
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| 5247 Grande Palm Cir | Single Family | 1,711 | B |
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| 5237 Magellan Way W | Single Family | 2,110 | B |
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| 5219 Grande Palm Cir | Single Family | 1,711 | B |
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| 5251 Grande Palm Cir | Single Family | 1,711 | B |
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| 5229 Magellan Way W | Single Family | 2,110 | B |
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| 5245 Magellan Way W | Single Family | 1,977 | B |
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| 5236 Grande Palm Cir | Single Family | 2,193 | B |
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| 5253 Magellan Way W | Single Family | 1,977 | B |
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| 5221 Magellan Way W | Single Family | 1,926 | B |
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| 5242 Grande Palm Cir | Single Family | 2,193 | B |
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| 5215 Grande Palm Cir | Single Family | 1,647 | B |
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| 5255 Grande Palm Cir | Single Family | 1,711 | B |
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| 5230 Grande Palm Cir | Single Family | 2,188 | B |
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| 5248 Grande Palm Cir | Single Family | 2,118 | B |
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| 5213 Magellan Way W | Single Family | 1,736 | B |
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| 5261 Magellan Way W | Single Family | 2,110 | B |
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| 5224 Grande Palm Cir | Single Family | 2,363 | B |
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| 5259 Grande Palm Cir | Single Family | 1,711 | B |
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| 5211 Grande Palm Cir | Single Family | 1,647 | B |
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| 5205 Magellan Way W | Single Family | 1,736 | B |
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| 5269 Magellan Way W | Single Family | 1,633 | B |
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| 5218 Grande Palm Cir | Single Family | 2,193 | B |
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| 5263 Grande Palm Cir | Single Family | 1,711 | B |
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| 5197 Magellan Way W | Single Family | 1,810 | B |
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| 5260 Grande Palm Cir | Single Family | 1,751 | B |
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| 5267 Grande Palm Cir | Single Family | 1,769 | B |
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| 5212 Grande Palm Cir | Single Family | 2,356 | B |
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| 5288 Grande Palm Cir | Single Family | 1,763 | B |
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| 5275 Grande Palm Cir | Single Family | 1,711 | B |
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| 5189 Magellan Way W | Single Family | 1,693 | B |
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| 5271 Grande Palm Cir | Single Family | 1,788 | B |
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| 5561 Grande Palm Cir | Single Family | 1,647 | B |
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| 5279 Grande Palm Cir | Single Family | 1,711 | B |
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| 5560 Grande Palm Cir | Single Family | 1,735 | B |
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| 5181 Magellan Way W | Single Family | 1,903 | B |
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| 5296 Grande Palm Cir | Single Family | 2,146 | B |
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| 5557 Grande Palm Cir | Single Family | 1,647 | B |
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| 5283 Grande Palm Cir | Single Family | 1,763 | B |
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| 5302 Grande Palm Cir | Single Family | 2,330 | B |
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| 5205 Bolero Cir | Single Family | 2,045 | B |
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| 5554 Grande Palm Cir | Single Family | 2,193 | B |
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| 5308 Grande Palm Cir | Single Family | 2,356 | B |
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| 5553 Grande Palm Cir | Single Family | 1,647 | B |
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| 5287 Grande Palm Cir | Single Family | 1,671 | 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 52 of all properties in this area. This suggests it would appeal to someone earning around $60,640 per year who should qualify for a mortgage between $121,280 and $151,600.
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 52 of all properties in this area. This corresponds to a rent of $1,042 per month and a monthly household income of $2,745 ($32,940 per year)
Nearby Companies
5242 Grande Palm Cir
5229 Magellan Way W
5228 Bolero Cir
5197 Magellan Way West