6309 San Michel Way, 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:
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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 | |
|---|---|---|---|---|
| 6303 San Michel Way | Single Family | 2,584 | B |
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| 6315 San Michel Way | Single Family | 2,713 | B |
|
| 6297 San Michel Way | Single Family | 2,923 | B |
|
| 6321 San Michel Way | Single Family | 2,173 | B |
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| 6291 San Michel Way | Single Family | 2,390 | B |
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| 6327 San Michel Way | Single Family | 2,825 | B |
|
| 6285 San Michel Way | Single Family | 2,390 | B |
|
| 6333 San Michel Way | Single Family | 2,913 | B |
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| 6304 San Michel Way | Single Family | 2,390 | B |
|
| 6298 San Michel Way | Single Family | 2,826 | B |
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| 6292 San Michel Way | Single Family | 2,374 | B |
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| 6339 San Michel Way | Single Family | 2,969 | B |
|
| 6279 San Michel Way | Single Family | 2,629 | B |
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| 6310 San Michel Way | Single Family | 2,825 | B |
|
| 6286 San Michel Way | Single Family | 2,390 | B |
|
| 6345 San Michel Way | Single Family | 3,534 | B |
|
| 6273 San Michel Way | Single Family | 2,273 | B |
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| 6280 San Michel Way | Single Family | 2,390 | B |
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| 6316 San Michel Way | Single Family | 2,688 | B |
|
| 6351 San Michel Way | Single Family | 2,913 | B |
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| 6261 San Michel Way | Single Family | 2,688 | B |
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| 6268 San Michel Way | Single Family | 2,431 | B |
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| 6322 San Michel Way | Single Family | 2,431 | B |
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| 6357 San Michel Way | Single Family | 2,593 | B |
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| 6255 San Michel Way | Single Family | 2,431 | B |
|
| 6244 San Michel Way | Single Family | 3,418 | B |
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| 6328 San Michel Way | Single Family | 2,431 | B |
|
| 6364 San Michel Way | Single Family | 2,586 | B |
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| 6249 San Michel Way | Single Family | 2,086 | B |
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| 6369 San Michel Way | Single Family | 2,173 | B |
|
| 6334 San Michel Way | Single Family | 3,307 | B |
|
| 6489 San Michel Way | Single Family | 2,988 | B |
|
| 6358 San Michel Way | Single Family | 2,384 | B |
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| 6495 San Michel Way | Single Family | 3,719 | B |
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| 6238 San Michel Way | Single Family | 3,307 | B |
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| 6483 San Michel Way | Single Family | 3,000 | B |
|
| 16775 Chartley Ct | Single Family | 4,015 | B |
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| 6243 San Michel Way | Single Family | 2,346 | B |
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| 6477 San Michel Way | Single Family | 3,549 | B |
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| 6381 San Michel Way | Single Family | 2,998 | B |
|
| 6201 Morikami Park Rd | Public county school | 111,368 | B |
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| 6352 San Michel Way | Single Family | 2,390 | B |
|
| 16785 Chartley Ct | Single Family | 3,560 | B |
|
| 6340 San Michel Way | Single Family | 2,431 | B |
|
| 6232 San Michel Way | Single Family | 2,053 | B |
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| 6237 San Michel Way | Single Family | 2,674 | B |
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| 6471 San Michel Way | Single Family | 3,261 | B |
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| 6393 San Michel Way | Single Family | 2,390 | B |
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| 6346 San Michel Way | Single Family | 2,394 | 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 81 of all properties in this area. This suggests it would appeal to someone earning around $116,266 per year who should qualify for a mortgage between $232,532 and $290,665.
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 81 of all properties in this area. This corresponds to a rent of $1,397 per month and a monthly household income of $3,787 ($45,444 per year)
Nearby Companies
6201 Morikami Park Rd
6237 San Michel Way
6237 San Michel Way
6309 San Michel Way