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 
1383 Nw 4th St Single Family 2,208 B
450 Nw 14th Ave Single Family 2,335 B
1373 Nw 4th St Single Family 2,459 B
1398 Nw 4th St Single Family 2,095 B
1400 Nw 4th St Single Family 2,107 B
1366 Nw 14th Ct Single Family 2,274 B
1390 Nw 4th St Single Family 2,165 B
1401 Nw 4th St Single Family 1,896 B
1398 Nw 14th Ct Single Family 2,218 B
1430 Nw 4th St Single Family 1,701 B
1382 Nw 4th St Single Family 2,196 B
1334 Nw 14th Ct Single Family 3,236 B
451 Nw 14th Ave Single Family 1,703 B
1365 Nw 4th St Single Family 2,406 B
1441 Nw 4th St Single Family 1,364 B
1372 Nw 4th St Single Family 2,042 B
1460 Nw 4th St Single Family 1,880 B
499 Nw 14th Ave Single Family 1,370 B
1322 Nw 14th Ct Single Family 2,473 B
1355 Nw 4th St Single Family 2,623 B
1364 Nw 4th St Single Family 2,009 B
1479 Nw 4th St Single Family 1,817 B
1379 Nw 14th Ct Single Family 1,894 B
1500 Nw 5th St Single Family 2,168 B
1357 Nw 14th Ct Single Family 2,200 B
500 Nw 14th Ave Single Family 2,604 B
1500 Nw 4th St Single Family 1,703 B
1339 Nw 14th Ct Single Family 1,903 B
501 Nw 14th Ave Single Family 1,817 B
1354 Nw 4th St Single Family 4,042 B
1515 Nw 4th St Single Family 1,544 B
1321 Nw 14th Ct Single Family 1,861 B
1502 Nw 5th St Single Family 1,930 B
545 Nw 13th Dr Single Family 2,361 B
1524 Nw 4th St Single Family 1,809 B
525 Nw 14th Ave Single Family 1,486 B
1301 Nw 14th Ct Single Family 1,242 B
1346 Nw 4th St Single Family 1,954 B
527 Nw 13th Dr Single Family 1,995 B
400 Nw 14th Ct Single Family 2,203 B
550 Nw 14th Ave Single Family 2,483 B
450 Nw 14th Ct Single Family 1,963 B
1531 Nw 4th St Single Family 1,579 B
563 Nw 13th Dr Single Family 2,109 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 31 of all properties in this area. This suggests it would appeal to someone earning around $59,640 per year who should qualify for a mortgage between $119,280 and $149,100.

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 31 of all properties in this area. This corresponds to a rent of $1,171 per month and a monthly household income of $3,815 ($45,780 per year)

Nearby Companies

Rvkdc,LLC
550 Nw 14th Ave
Dym General Services, LLC
550 Nw 14th Ave
Geo Cleaning Services Corp
550 Nw 14th Ave
D & Y General Service, Inc.
550 Nw 14th Ave
Q W Planning LLC
1379 Nw 14th Ct
Dmarko Enterprises LLC
527 Nw 13th Dr
Amberleaf Photography LLC
1373 Nw 4th St
Coastal Lawn, Inc
1399 Nw 4th St
Red Carpet Holdings, LLC
1479 Nw Fourth St
Disclaimers and Disclosures

Public Records Data

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