2685 Nw 48th St, Boca Raton
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 | |
|---|---|---|---|---|
| 2683 Nw 48th St | Single Family | 2,981 | B |
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| 2689 Nw 48th St | Single Family | 3,410 | B |
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| 2686 Nw 49th St | Single Family | 3,077 | B |
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| 2682 Nw 49th St | Single Family | 3,473 | B |
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| 2694 Nw 49th St | Single Family | 3,544 | B |
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| 2690 Nw 48th St | Single Family | 3,248 | B |
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| 2684 Nw 48th St | Single Family | 3,609 | B |
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| 2677 Nw 48th St | Single Family | 3,525 | B |
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| 4801 Nw 27th Ave | Single Family | 3,447 | B |
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| 2676 Nw 49th St | Single Family | 3,053 | B |
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| 2700 Nw 49th St | Single Family | 3,465 | B |
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| 2678 Nw 48th St | Single Family | 3,248 | B |
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| 4750 Nw 27th Ave | Single Family | 3,862 | B |
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| 4781 Nw 27th Ave | Single Family | 3,047 | B |
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| 2671 Nw 48th St | Single Family | 3,568 | B |
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| 4880 Nw 28th Ave | Single Family | 3,584 | B |
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| 2683 Nw 49th St | Single Family | 3,446 | B |
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| 2670 Nw 49th St | Single Family | 3,101 | B |
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| 2689 Nw 49th St | Single Family | 3,840 | B |
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| 2672 Nw 48th St | Single Family | 4,494 | B |
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| 2677 Nw 49th St | Single Family | 3,646 | B |
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| 4761 Nw 27th Ave | Single Family | 2,826 | B |
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| 2695 Nw 49th St | Single Family | 3,658 | B |
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| 4840 Nw 28th Ave | Single Family | 4,429 | B |
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| 4700 Nw 27th Ave | Single Family | 3,432 | B |
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| 2671 Nw 49th St | Single Family | 3,093 | B |
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| 2660 Nw 48th St | Single Family | 3,328 | B |
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| 2701 Nw 49th St | Single Family | 3,602 | B |
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| 4800 Nw 28th Ave | Single Family | 3,065 | B |
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| 4721 Nw 27th Ave | Single Family | 2,992 | B |
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| 2665 Nw 49th St | Single Family | 3,644 | B |
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| 4760 Nw 28th Ave | Single Family | 3,486 | B |
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| 4650 Nw 27th Ave | Single Family | 3,570 | B |
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| 2665 Nw 48th St | Single Family | 3,589 | B |
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| 2664 Nw 49th St | Single Family | 3,584 | B |
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| 2741 Nw 49th St | Single Family | 3,650 | B |
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| 4681 Nw 27th Ave | Single Family | 3,183 | B |
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| 2658 Nw 48th St | Single Family | 3,459 | B |
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| 2800 Nw 49th St | Single Family | 3,236 | B |
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| 4720 Nw 28th Ave | Single Family | 3,478 | B |
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| 2659 Nw 49th St | Single Family | 2,881 | B |
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Local Household Income
The median household income in this part of Florida is $95,812. The bottom 10% of the population earn less than $27,707 per year. The top 10% earn more than $356,660 per year. The top 1% earn more than $682,110 per year. Most renters earn between $39,432 (20th percentile) and $73,884 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $191,624 and $239,530.
The tax assessed value of this property places it in percentile 74 of all properties in this area. This suggests it would appeal to someone earning around $175,698 per year who should qualify for a mortgage between $351,396 and $439,245.
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 $1,432. Most renters earn between $3,286 and $6,157 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,042 (20th percentile) to $2,015 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 74 of all properties in this area. This corresponds to a rent of $1,886 per month and a monthly household income of $5,606 ($67,272 per year)
Nearby Companies
2694 Nw 49th St
2694 Nw 49th St
2685 Nw 48th St
2677 Nw 48th St
2670 Nw 49th St
2670 Nw 49th St
2670 Nw 49th St
2672 Nw 48th St
2672 Nw 48th St
2672 Nw 48th St
2672 Nw 48th St
4760 Nw 28th Ave
4880 Nw 28th Ave
4880 Nw 28th Ave
4880 Nw 28th Ave
4721 Nw 27th Ave
4761 Nw 27th Ave