5350 Park Place Cir, Boca Raton
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:
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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 | |
|---|---|---|---|---|
| 5354 Park Place Cir | Single Family | 2,355 | B |
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| 5346 Park Place Cir | Single Family | 1,946 | B |
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| 5358 Park Place Cir | Single Family | 2,355 | B |
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| 5342 Park Place Cir | Single Family | 2,355 | B |
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| 5282 Park Place Cir | Single Family | 2,355 | B |
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| 5278 Park Place Cir | Single Family | 1,953 | B |
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| 5286 Park Place Cir | Single Family | 1,953 | B |
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| 5351 Park Place Cir | Single Family | 2,355 | B |
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| 5355 Park Place Cir | Single Family | 1,946 | B |
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| 5274 Park Place Cir | Single Family | 1,953 | B |
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| 5362 Park Place Cir | Single Family | 1,946 | B |
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| 5290 Park Place Cir | Single Family | 2,355 | B |
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| 5338 Park Place Cir | Single Family | 1,946 | B |
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| 5359 Park Place Cir | Single Family | 2,355 | B |
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| 5347 Park Place Cir | Single Family | 1,946 | B |
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| 5363 Park Place Cir | Single Family | 2,355 | B |
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| 5343 Park Place Cir | Single Family | 2,355 | B |
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| 5294 Park Place Cir | Single Family | 2,355 | B |
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| 5334 Park Place Cir | Single Family | 2,355 | B |
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| 5367 Park Place Cir | Single Family | 1,492 | B |
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| 5339 Park Place Cir | Single Family | 1,946 | B |
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| 5335 Sapphire Valley | Single Family | 1,698 | B |
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| 5298 Park Place Cir | Single Family | 1,493 | B |
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| 5279 Park Place Cir | Single Family | 2,355 | B |
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| 5283 Park Place Cir | Single Family | 2,355 | B |
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| 5331 Sapphire Valley | Single Family | 1,504 | B |
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| 5330 Park Place Cir | Single Family | 1,519 | B |
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| 5275 Park Place Cir | Single Family | 1,493 | B |
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| 5287 Park Place Cir | Single Family | 1,498 | B |
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| 5335 Park Place Cir | Single Family | 1,492 | B |
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| 5327 Sapphire Valley | Single Family | 1,651 | B |
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| 5291 Park Place Cir | Single Family | 2,362 | B |
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| 21407 Tudor Dr | Single Family | 1,967 | B |
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| 5323 Sapphire Valley | Single Family | 1,504 | B |
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| 5385 Grand Park Pl | Single Family | 1,930 | B |
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| 5387 Grand Park Pl | Single Family | 1,930 | B |
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| 5383 Grand Park Pl | Single Family | 1,930 | B |
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| 5334 Sapphire Valley | Single Family | 1,698 | B |
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| 5389 Grand Park Pl | Single Family | 1,930 | B |
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| 5381 Grand Park Pl | Single Family | 1,930 | B |
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| 21411 Tudor Dr | Single Family | 1,792 | B |
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| 5295 Park Place Cir | Single Family | 1,951 | B |
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| 5391 Grand Park Pl | Single Family | 2,141 | B |
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| 5379 Grand Park Pl | Single Family | 1,930 | B |
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| 5377 Grand Park Pl | Single Family | 2,141 | B |
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| 5330 Sapphire Valley | Single Family | 1,651 | B |
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| 5319 Sapphire Valley | Single Family | 1,651 | B |
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| 21415 Tudor Dr | Single Family | 1,792 | B |
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| 5395 Grand Park Pl | Single Family | 2,141 | 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 18 of all properties in this area. This suggests it would appeal to someone earning around $41,024 per year who should qualify for a mortgage between $82,048 and $102,560.
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 18 of all properties in this area. This corresponds to a rent of $1,020 per month and a monthly household income of $3,189 ($38,268 per year)
Nearby Companies
5310 Sapphire Vly
5227 Sapphire Vly
21403 Pagosa Ct
21403 Pagosa Ct
5335 Sapphire Vly
21423 Pagosa Ct
5343 Park Place Cir
5339 Park Place Cir
5363 Park Place Cir
5334 Park Place Cir
5315 Park Place Cir
5315 Park Place Cir
5395 Grand Park Pl
5401 Grand Park Pl
5401 Grand Park Pl
5411 Grand Park Pl
5493 Grand Park Pl
5475 Grand Park Pl
11229 Grand Park Ave
11111 Grand Park Ave
5381 Grand Park Pl