2493 Nw 46th 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:
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 | |
|---|---|---|---|---|
| 4575 Nw 24th Ter | Single Family | 5,125 | A |
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| 2485 Nw 46th St | Single Family | 7,870 | A |
|
| 2480 Nw 46th St | Single Family | 5,530 | A |
|
| 4700 Nw 25th Way | Single Family | 3,785 | B |
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| 4550 Nw 24th Ter | Single Family | 7,534 | A |
|
| 4732 Nw 25th Way | Single Family | 3,584 | B |
|
| 4545 Nw 24th Ter | Single Family | 5,768 | A |
|
| 2500 Nw 47th St | Single Family | 4,662 | B |
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| 4598 Nw 25th Way | Single Family | 3,785 | B |
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| 2501 Nw 46th St | Single Family | 4,500 | B |
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| 4798 Nw 25th Way | Single Family | 3,588 | B |
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| 4586 Nw 25th Way | Single Family | 4,215 | B |
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| 2470 Nw 46th St | Single Family | 6,945 | A |
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| 4800 Nw 25th Way | Single Family | 3,503 | B |
|
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 96 of all properties in this area. This suggests it would appeal to someone earning around $466,750 per year who should qualify for a mortgage between $933,500 and $1,166,875.
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 96 of all properties in this area. This corresponds to a rent of $3,283 per month and a monthly household income of $9,216 ($110,592 per year)
Nearby Companies
4800 Nw 25th Way
4798 Nw 25th Way
4586 Nw 25th Way
4586 Nw 25th Way
4575 Nw 24th Ter
4575 Nw 24th Ter
4545 Nw 24th Ter
4550 Nw 24th Ter
2480 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St
2470 Nw 46th St