642 Normandy N, Delray Beach
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 | |
|---|---|---|---|---|
| 663 Normandy N | Condominium | 760 | B |
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| 639 Normandy N | Condominium | 760 | B |
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| 638 Normandy N | Condominium | 907 | B |
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| 637 Normandy N | Condominium | 907 | B |
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| 636 Normandy N | Condominium | 907 | B |
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| 635 Normandy N | Condominium | 907 | B |
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| 634 Normandy N | Condominium | 907 | B |
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| 629 Normandy N | Condominium | 907 | B |
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| 628 Normandy N | Condominium | 907 | B |
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| 627 Normandy N | Condominium | 907 | B |
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| 626 Normandy N | Condominium | 907 | B |
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| 625 Normandy N | Condominium | 907 | B |
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| 640 Normandy N | Condominium | 760 | B |
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| 662 Normandy N | Condominium | 907 | B |
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| 661 Normandy N | Condominium | 907 | B |
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| 641 Normandy N | Condominium | 907 | B |
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| 643 Normandy N | Condominium | 907 | B |
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| 644 Normandy N | Condominium | 907 | B |
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| 645 Normandy N | Condominium | 907 | B |
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| 646 Normandy N | Condominium | 907 | B |
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| 647 Normandy N | Condominium | 760 | B |
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| 648 Normandy N | Condominium | 760 | B |
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| 649 Normandy N | Condominium | 907 | B |
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| 650 Normandy N | Condominium | 907 | B |
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| 651 Normandy N | Condominium | 907 | B |
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| 652 Normandy N | Condominium | 907 | B |
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| 653 Normandy N | Condominium | 907 | B |
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| 654 Normandy N | Condominium | 907 | B |
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| 655 Normandy N | Condominium | 760 | B |
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| 656 Normandy N | Condominium | 760 | B |
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| 657 Normandy N | Condominium | 907 | B |
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| 658 Normandy N | Condominium | 907 | B |
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| 659 Normandy N | Condominium | 907 | B |
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| 660 Normandy N | Condominium | 907 | B |
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| 630 Normandy N | Condominium | 907 | B |
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| 631 Normandy N | Condominium | 760 | B |
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| 633 Normandy N | Condominium | 907 | B |
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| 632 Normandy N | Condominium | 760 | B |
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| 664 Normandy N | Condominium | 760 | B |
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| 666 Normandy N | Condominium | 907 | B |
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| 665 Normandy N | Condominium | 907 | B |
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| 667 Normandy N | Condominium | 907 | B |
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| 672 Normandy N | Condominium | 760 | B |
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| 671 Normandy N | Condominium | 760 | B |
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| 670 Normandy N | Condominium | 907 | B |
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| 669 Normandy N | Condominium | 907 | B |
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| 668 Normandy N | Condominium | 907 | B |
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| 400 Normandy I | Condominium | 760 | B |
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| 399 Normandy I | Condominium | 760 | B |
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Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 5 of all properties in this area. This suggests it would appeal to someone earning around $8,647 per year who should qualify for a mortgage between $17,294 and $21,618.
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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 5 of all properties in this area. This corresponds to a rent of $619 per month and a monthly household income of $1,345 ($16,140 per year)
Nearby Companies
616 Normandy