2045 N Waterway Dr, North Palm Beach
Palm Beach County Real Estate - North Palm Beach
North Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 12,015. North Palm Beach is approximately 68 miles from Hialeah (population 224,669) and around 48 miles from Fort Lauderdale (population 165,521).
The median age for residents of North Palm Beach is 51.8. Around 16.5% of North Palm Beach households include school aged children and 41.9% of households include individuals aged 65 years or over. Census records indicate 93.3% of the North Palm Beach population are White, 2.6% are Black or African American, 0% American Indian, 1.6% Asian and 1.3% are Two or more Races.
There are 7,710 housing units in North Palm Beach. 1,617 (20.9%) of these were reported as vacant in the 2010 Census. North Palm Beach is a tourist destination, 62.7% (1,014) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,826 residential rental units in North Palm Beach. 1,596 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
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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 | |
|---|---|---|---|---|
| 2043 N Waterway Dr | Single Family | 2,051 | B |
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| 2065 N Waterway Dr | Single Family | 1,546 | B |
|
| 2060 Joy Rene Ln | Multi-family - less than 10 units | 2,672 | B |
|
| 2031 N Waterway Dr | Single Family | 1,779 | B |
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| 2040 Joy Rene Ln | Multi-family - less than 10 units | 2,414 | B |
|
| 2080 Joy Rene Ln | Multi-family - less than 10 units | 2,113 | B |
|
| 2060 N Waterway Dr | Single Family | 1,619 | B |
|
| 2046 N Waterway Dr | Single Family | 1,443 | B |
|
| 2077 N Waterway Dr | Single Family | 4,271 | B |
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| 2076 N Waterway Dr | Single Family | 1,600 | B |
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| 2021 N Waterway Dr | Multi-family - less than 10 units | 2,292 | B |
|
| 2032 N Waterway Dr | Vacant Residential | 0 | L | |
| 2016 Joy Rene Ln | Multi-family - less than 10 units | 4,692 | B |
|
| 2014 N Waterway Dr | Multi-family - less than 10 units | 1,719 | B |
|
| 2091 N Waterway Dr | Single Family | 5,816 | A |
|
| 2090 Joy Rene Ln | Single Family | 3,133 | B |
|
| 2086 N Waterway Dr | Single Family | 7,062 | A |
|
| 2057 Joy Rene Ln | Multi-family - less than 10 units | 2,286 | B |
|
| 2043 Vista Dr | Vacant Residential | 0 | L | |
| 2037 Joy Rene Ln | Multi-family - less than 10 units | 3,693 | B |
|
| 2057 Vista Dr | Single Family | 1,816 | B |
|
| 11673 Ellison Wilson Rd | Multi-family - less than 10 units | 1,712 | B |
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| 2075 Vista Dr | Single Family | 1,325 | B |
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| 2031 Vista Dr | Single Family | 2,036 | B |
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| 2081 Joy Rene Ln | Multi-family - less than 10 units | 2,782 | B |
|
| Vista Dr | Vacant Residential | 0 | L | |
| 2092 Joy Rene Ln | Single Family | 1,956 | B |
|
| 2019 Joy Rene Ln | Multi-family - less than 10 units | 1,807 | B |
|
| 2015 Vista Dr | Multi-family - less than 10 units | 1,952 | B |
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| 2081 Vista Dr | Single Family | 2,235 | B |
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| 2091 Joy Rene Ln | Single Family | 3,042 | B |
|
| Vitex Ln | Vacant Residential | 0 | L | |
| 11800 Ellison Wilson Rd | Multi-family - less than 10 units | 1,667 | B |
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| 2085 Vitex Ln | Vacant Residential | 0 | L | |
| 11810 Ellison Wilson Rd | Single Family | 657 | B |
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| 11845 Ellison Wilson Rd | Single Family | 1,467 | B |
|
| 11656 Ellison Wilson Rd | Multi-family - less than 10 units | 5,832 | B |
|
| 11820 Ellison Wilson Rd | Single Family | 1,070 | B |
|
| 2032 Vista Dr | Single Family | 2,166 | B |
|
| 2052 Vista Dr | Single Family | 2,862 | B |
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| 2058 Vitex Ln | Vacant Residential | 0 | L | |
| 2066 Vitex Ln | Single Family | 1,757 | B |
|
| 1810 Old Okeechobee Rd # A | Vacant Residential | 0 | L | |
| 2016 Vista Dr | Single Family | 1,355 | B |
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| 2050 Vitex Ln | Single Family | 1,832 | B |
|
Local Household Income
The median household income in this part of Florida is $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.
The tax assessed value of this property places it in percentile 43 of all properties in this area. This suggests it would appeal to someone earning around $73,551 per year who should qualify for a mortgage between $147,102 and $183,878.
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 $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 43 of all properties in this area. This corresponds to a rent of $1,174 per month and a monthly household income of $3,876 ($46,512 per year)
Nearby Companies
2092 Joy Rene Ln
2065 N Waterway Dr
2065 N Waterway Dr
2065 N Waterway Dr
2031 N Waterway Dr
11760 Ellison Wilson Rd
11760 Ellison Wilson Rd
11820 Ellison Wilson Rd