8625 Jasmine Way, Boca Raton
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 | |
|---|---|---|---|---|
| 8624 Jasmine Way | Condominium | 1,300 | B |
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| 8632 Jasmine Way | Condominium | 1,300 | B |
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| 8633 Jasmine Way | Condominium | 1,300 | B |
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| 8620 Jasmine Way | Condominium | 1,300 | B |
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| 8621 Jasmine Way | Condominium | 1,300 | B |
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| 8615 Jasmine Way | Condominium | 1,300 | B |
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| 8614 Jasmine Way | Condominium | 1,300 | B |
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| 8641 Jasmine Way | Condominium | 1,300 | B |
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| 8640 Jasmine Way | Condominium | 1,300 | B |
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| 8585 Jasmine Way | Condominium | 1,300 | B |
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| 8648 Jasmine Way | Condominium | 1,300 | B |
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| 8584 Jasmine Way | Condominium | 1,300 | B |
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| 8649 Jasmine Way | Condominium | 1,300 | B |
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| 8593 Jasmine Way | Condominium | 1,300 | B |
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| 8592 Jasmine Way | Condominium | 1,300 | B |
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| 8656 Jasmine Way | Condominium | 1,300 | B |
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| 8664 Jasmine Way | Condominium | 1,300 | B |
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| 8657 Jasmine Way | Condominium | 1,300 | B |
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| 8665 Jasmine Way | Condominium | 1,300 | B |
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| 8672 Jasmine Way | Condominium | 1,300 | B |
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| 8673 Jasmine Way | Condominium | 1,300 | B |
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| 8621 Flamingo Dr | Condominium | 1,300 | B |
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| 8625 Flamingo Dr | Condominium | 1,300 | B |
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| 8624 Flamingo Dr | Condominium | 1,300 | B |
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| 8620 Flamingo Dr | Condominium | 1,300 | B |
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| 8620 Sunbird Pl | Condominium | 1,300 | B |
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| 8653 Sunbird Pl | Condominium | 1,400 | B |
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| 8624 Sunbird Pl | Condominium | 1,300 | B |
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| 8614 Flamingo Dr | Condominium | 1,300 | B |
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| 8615 Flamingo Dr | Condominium | 1,300 | B |
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| 8633 Flamingo Dr | Condominium | 1,300 | B |
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| 8632 Flamingo Dr | Condominium | 1,300 | B |
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| 8614 Sunbird Pl | Condominium | 1,300 | B |
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| 8645 Sunbird Pl | Condominium | 1,200 | B |
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| 8649 Sunbird Pl | Condominium | 1,200 | B |
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| 8661 Sunbird Pl | Condominium | 1,200 | B |
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| 8657 Sunbird Pl | Condominium | 1,400 | B |
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| 8665 Sunbird Pl | Condominium | 1,200 | B |
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| 8632 Sunbird Pl | Condominium | 1,300 | B |
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| 8640 Flamingo Dr | Condominium | 1,300 | B |
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| 8641 Flamingo Dr | Condominium | 1,300 | B |
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| 8637 Sunbird Pl | Condominium | 1,400 | B |
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| 8633 Sunbird Pl | Condominium | 1,200 | B |
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| 8641 Sunbird Pl | Condominium | 1,400 | B |
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| 8669 Sunbird Pl | Condominium | 1,400 | B |
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| 8640 Sunbird Pl | Condominium | 1,300 | B |
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| 8680 Jasmine Way | Condominium | 1,300 | B |
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| 8681 Jasmine Way | Condominium | 1,300 | B |
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| 8592 Flamingo Dr | Condominium | 1,300 | B |
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Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 13 of all properties in this area. This suggests it would appeal to someone earning around $27,304 per year who should qualify for a mortgage between $54,608 and $68,260.
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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 13 of all properties in this area. This corresponds to a rent of $573 per month and a monthly household income of $2,060 ($24,720 per year)
Nearby Companies
8661 Sunbird Pl
8592 Flamingo Dr
18601 Horizon Ave
8680 Jasmine Way