Palm Beach County Real Estate - Boca Raton

Boca Raton is in South East Florida. It's population as recorded in the 2010 Census was 84,392.

The median age for residents of Boca Raton is 45.4. Around 22.8% of Boca Raton households include school aged children and 33.8% of households include individuals aged 65 years or over. Census records indicate 88.4% of the Boca Raton population are White, 5.2% are Black or African American, .1% American Indian, 2.4% Asian and 1.6% are Two or more Races.

There are 44,539 housing units in Boca Raton. 7,761 (17.4%) of these were reported as vacant in the 2010 Census. Boca Raton is a tourist destination, 64% (4,973) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 12,218 residential rental units in Boca Raton. 10,963 of them were occupied in 2010 providing a residential rental vacancy rate of 9.7%.

Boca Raton 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

AddressTypeSq FtClass 
21640 Club Villa Ter Single Family 2,177 B
21628 Club Villa Ter Single Family 3,186 B
21646 Club Villa Ter Single Family 3,186 B
21652 Club Villa Ter Single Family 3,186 B
21682 Town Place Dr Single Family 3,186 B
21658 Club Villa Ter Single Family 2,489 B
21625 Town Place Dr Undefined - Reserved for Use by Department of Revenue 708 B
21688 Town Place Dr Single Family 2,345 B
21657 Town Place Dr Single Family 2,392 B
21651 Town Place Dr Single Family 3,211 B
21663 Town Place Dr Single Family 2,489 B
21645 Town Place Dr Single Family 2,392 B
21664 Club Villa Ter Single Family 2,489 B
21669 Town Place Dr Single Family 3,186 B
21639 Town Place Dr Single Family 2,392 B
21675 Town Place Dr Single Family 2,177 B
21694 Town Place Dr Single Family 3,186 B
21670 Club Villa Ter Single Family 3,044 B
21681 Town Place Dr Single Family 2,489 B
21700 Town Place Dr Single Family 2,320 B
21687 Town Place Dr Single Family 2,328 B
21693 Town Place Dr Single Family 2,345 B
21682 Club Villa Ter Single Family 2,487 B
21693 Club Villa Ter Single Family 3,044 B
21699 Town Place Dr Single Family 2,382 B
6030 Amberwoods Dr Single Family 2,170 B
6004 Amberwoods Dr Single Family 2,143 B
21688 Club Villa Ter Single Family 2,489 B
21612 Town Place Dr Single Family 3,084 B
21705 Town Place Dr Single Family 2,382 B
21711 Club Villa Ter Single Family 2,489 B
6016 Amberwoods Dr Single Family 2,203 B
21717 Club Villa Ter Single Family 2,269 B
21711 Town Place Dr Single Family 2,489 B
6026 Amberwoods Dr Single Family 2,259 B
21606 Town Place Dr Single Family 2,392 B
21723 Club Villa Ter Single Family 3,044 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

Jingpong Aviation, LLC.
21681 Town Place Dr
Legends Insurance Services, LLC
21711 Town Place Dr
Coworking Americas, LLC
21652 Club Villa Ter
O.O.P.S, L.L.C.
21664 Club Villa Ter
The Travel Store, Inc.
21676 Club Villa Ter
Catherine Lycouris Properties LLC
21682 Club Villa Ter
Reunited Druid Hills, LLC
21682 Club Villa Ter
Reunited Biscayne 115, LLC
21682 Club Villa Ter
Alexander Lycouris, LLC
21682 Club Villa Ter
Lisa Farah Levine, LLC
21570 Town Place Dr
Disclaimers and Disclosures

Public Records Data

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