8400 Cypress Ln, 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 | |
|---|---|---|---|---|
| 8394 Cypress Ln | Condominium | 1,974 | B |
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| 8410 Cypress Ln | Condominium | 1,974 | B |
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| 8383 Cypress Ln | Condominium | 1,216 | B |
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| 8416 Cypress Ln | Condominium | 1,974 | B |
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| 8368 Cypress Ln | Condominium | 2,602 | B |
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| 8427 Cypress Ln | Condominium | 1,216 | B |
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| 8362 Cypress Ln | Condominium | 2,627 | B |
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| 8436 Cypress Ln | Condominium | 1,216 | B |
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| 8358 Cypress Ln | Condominium | 2,721 | B |
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| 8356 Cypress Ln | Condominium | 2,305 | B |
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| 8352 Cypress Ln | Condominium | 2,687 | B |
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| 8350 Cypress Ln | Condominium | 2,288 | B |
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| 8357 Cypress Ln | Condominium | 1,216 | B |
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| 8334 Cypress Ln | Condominium | 1,216 | B |
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| 21648 Cypress Rd | Condominium | 1,216 | B |
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| 21643 Cypress Rd | Condominium | 1,216 | B |
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| 21676 Cypress Rd | Condominium | 1,216 | B |
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| 21675 Cypress Rd | Condominium | 1,216 | B |
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| 21682 Cypress Rd | Condominium | 1,216 | B |
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| 8341 Hampton Wood Dr | Single Family | 2,515 | B |
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| 21691 Cypress Rd | Condominium | 1,216 | B |
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| 8331 Hampton Wood Dr | Single Family | 2,339 | B |
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| 8321 Hampton Wood Dr | Single Family | 2,339 | B |
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| 21698 Cypress Rd | Condominium | 1,216 | B |
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| 21699 Cypress Rd | Condominium | 1,216 | 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 33 of all properties in this area. This suggests it would appeal to someone earning around $54,816 per year who should qualify for a mortgage between $109,632 and $137,040.
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 33 of all properties in this area. This corresponds to a rent of $901 per month and a monthly household income of $3,166 ($37,992 per year)
Nearby Companies
8357 Cypress Ln
8331 Hampton Wood Dr
21643 Cypress Rd
21643 Cypress Rd
21682 Cypress Road Ste 11f
21675 Cypress Rd
21682 Cypress Rd
21682 Cypress Rd
21698 Cypress Rd Apt 44e
12780 Cypress Rd
8427 Cypress Lane #10-F