2559 Nw 31st 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 | |
---|---|---|---|---|
2575 Nw 31st St | Single Family | 2,349 | B | |
2549 Nw 31st St | Single Family | 2,486 | B | |
3098 Nw 25th Ter | Single Family | 2,031 | B | |
2585 Nw 31st St | Single Family | 2,052 | B | |
2525 Nw 31st St | Single Family | 2,721 | B | |
2558 Nw 32nd St | Single Family | 1,984 | B | |
3099 Nw 25th Ter | Single Family | 2,096 | B | |
2544 Nw 32nd St | Single Family | 1,846 | B | |
2572 Nw 32nd St | Single Family | 1,870 | B | |
3099 Nw 25th Way | Single Family | 2,483 | B | |
3088 Nw 25th Ter | Single Family | 2,551 | B | |
2530 Nw 32nd St | Single Family | 2,081 | B | |
2586 Nw 32nd St | Single Family | 2,015 | B | |
2597 Nw 31st St | Single Family | 2,104 | B | |
2515 Nw 31st St | Single Family | 2,470 | B | |
3089 Nw 25th Ter | Single Family | 2,086 | B | |
3089 Nw 25th Way | Single Family | 2,772 | B | |
3098 Nw 26th Ave | Single Family | 2,086 | B | |
2516 Nw 32nd St | Single Family | 1,822 | B | |
3068 Nw 25th Ter | Single Family | 2,616 | B | |
2610 Nw 32nd St | Single Family | 1,984 | B | |
2559 Nw 32nd St | Single Family | 1,817 | B | |
3069 Nw 25th Ter | Single Family | 2,582 | B | |
3088 Nw 26th Ave | Single Family | 2,056 | B | |
2601 Nw 31st St | Single Family | 2,483 | B | |
2579 Nw 32nd St | Single Family | 1,755 | B | |
3069 Nw 25th Way | Single Family | 2,684 | B | |
2501 Nw 31st St | Single Family | 2,300 | B | |
3098 Nw 25th Way | Single Family | 2,343 | B | |
2529 Nw 32nd St | Single Family | 1,807 | B | |
2599 Nw 32nd St | Single Family | 1,743 | B | |
2500 Nw 32nd St | Single Family | 1,994 | B | |
2618 Nw 32nd St | Single Family | 1,798 | B | |
3068 Nw 26th Ave | Single Family | 2,171 | B | |
3048 Nw 25th Ter | Single Family | 1,987 | B | |
3088 Nw 25th Way | Single Family | 2,556 | B | |
3244 Nw 25th Ter | Single Family | 2,214 | B | |
3049 Nw 25th Way | Single Family | 2,170 | B | |
3245 Nw 25th Ter | Single Family | 1,983 | B | |
2615 Nw 31st St | Single Family | 2,031 | B | |
3099 Nw 26th Ave | Single Family | 2,130 | B | |
3245 Nw 25th Way | Single Family | 2,084 | B | |
3048 Nw 26th Ave | Single Family | 2,398 | B | |
3244 Nw 26th Ave | Single Family | 2,238 | B | |
2636 Nw 32nd St | Single Family | 1,845 | B | |
2501 Nw 32nd St | Single Family | 1,763 | 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 53 of all properties in this area. This suggests it would appeal to someone earning around $102,509 per year who should qualify for a mortgage between $205,018 and $256,273.
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 53 of all properties in this area. This corresponds to a rent of $1,455 per month and a monthly household income of $4,641 ($55,692 per year)
Nearby Companies
2501 Nw 32nd St
3049 Nw 26th Ave
3049 Nw 26th Ave
2618 Nw 32 St
2544 Nw 32nd St
3244 Nw 26th Ave