3119 Mariner Way, Lake Worth
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
Lake Worth 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 | |
|---|---|---|---|---|
| 3120 Nautical Way | Single Family | 1,826 | B |
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| 3099 Mariner Way | Single Family | 2,095 | B |
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| 3100 Nautical Way | Single Family | 1,991 | B |
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| 3149 Mariner Way | Single Family | 1,733 | B |
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| 3120 Mariner Way | Single Family | 2,267 | B |
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| 6817 Florida Dr | Single Family | 1,495 | B |
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| 3079 Mariner Way | Single Family | 1,849 | B |
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| 6863 Florida Dr | Single Family | 1,496 | B |
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| 3080 Nautical Way | Single Family | 1,775 | B |
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| 3119 Nautical Way | Single Family | 2,522 | B |
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| 3169 Mariner Way | Single Family | 2,207 | B |
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| 6884 Florida Dr | Single Family | 1,498 | B |
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| 3168 Nautical Way | Single Family | 2,578 | B |
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| Starboard Dr | Church | 0 | L | |
| 3099 Nautical Way | Single Family | 2,402 | B |
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| 6789 Florida Dr | Single Family | 1,431 | B |
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| 3170 Mariner Way | Single Family | 1,698 | B |
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| 6883 Florida Dr | Single Family | 1,990 | B |
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| 3059 Mariner Way | Single Family | 1,843 | B |
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| 3060 Nautical Way | Single Family | 2,319 | B |
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| 3079 Nautical Way | Single Family | 2,086 | B |
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| 3189 Mariner Way | Single Family | 2,383 | B |
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| 3169 Starboard Dr | Single Family | 2,047 | B |
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| 3190 Nautical Way | Single Family | 2,202 | B |
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| 3120 Indian Trl | Single Family | 2,304 | B |
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| 6771 Florida Dr | Single Family | 2,170 | B |
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| 3100 Indian Trl | Single Family | 2,395 | B |
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| 3190 Mariner Way | Single Family | 2,230 | B |
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| 3069 Nautical Way | Single Family | 2,003 | B |
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| 6912 Florida Dr | Single Family | 1,579 | B |
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| 3100 Starboard Dr | Single Family | 1,361 | B |
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| 3040 Nautical Way | Single Family | 1,664 | B |
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| 3080 Indian Trl | Single Family | 2,392 | B |
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| 3189 Nautical Way | Single Family | 2,102 | B |
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| 3170 Indian Trl | Single Family | 1,787 | B |
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| 3150 Starboard Dr | Single Family | 1,571 | B |
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| 3189 Starboard Dr | Single Family | 1,916 | B |
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| 3076 Starboard Dr | Single Family | 1,700 | B |
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| 3209 Mariner Way | Single Family | 2,124 | B |
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| 3210 Nautical Way | Single Family | 2,294 | B |
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| 6863 S Congress Ave | Church | 6,500 | B |
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| 3039 Nautical Way | Single Family | 1,836 | B |
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| 3220 Mariner Way | Single Family | 2,581 | B |
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| 3060 Indian Trl | Single Family | 2,186 | B |
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| 3170 Starboard Dr | Single Family | 1,571 | B |
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| 3119 Indian Trl | Single Family | 2,569 | B |
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| 3190 Indian Trl | Single Family | 1,494 | 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 52 of all properties in this area. This suggests it would appeal to someone earning around $60,640 per year who should qualify for a mortgage between $121,280 and $151,600.
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 52 of all properties in this area. This corresponds to a rent of $1,042 per month and a monthly household income of $2,745 ($32,940 per year)
Nearby Companies
6883 Florida Dr
6883 Florida Dr
6883 Florida Dr
6883 Florida Dr
3168 Nautical Way
3214 Nautical Place S
3209 Nautical Way
3209 Nautical Way
3210 Nautical Way
3189 Nautical Way
3190 Indian Trl
3190 Indian Trl
3079 Nautical Way
3039 Nautical Way
3040 Nautical Way
6863 S Congress Ave
6863 S Congress Ave
6863 S Congress Ave