3464 Gondolier 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 | |
|---|---|---|---|---|
| 3448 Gondolier Way | Single Family | 1,754 | B |
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| 3466 Gondolier Way | Single Family | 1,472 | B |
|
| 3463 Palomino Dr | Single Family | 1,903 | B |
|
| 3447 Palomino Dr | Single Family | 1,786 | B |
|
| 3481 Palomino Dr | Single Family | 1,791 | B |
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| 3473 Gondolier Way | Single Family | 1,666 | B |
|
| 3498 Gondolier Way | Single Family | 1,868 | B |
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| 3432 Gondolier Way | Single Family | 2,053 | B |
|
| 3443 Gondolier Way | Single Family | 1,912 | B |
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| 3431 Palomino Dr | Single Family | 1,912 | B |
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| 3497 Palomino Dr | Single Family | 1,800 | B |
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| 6728 Rigger Rd | Single Family | 1,799 | B |
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| 6713 Riparian Rd | Single Family | 2,105 | B |
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| 3514 Gondolier Way | Single Family | 1,385 | B |
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| 3416 Gondolier Way | Single Family | 1,754 | B |
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| 6714 Riparian Rd | Single Family | 1,783 | B |
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| 3464 Palomino Dr | Single Family | 1,257 | B |
|
| 3415 Palomino Dr | Single Family | 2,003 | B |
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| 3513 Palomino Dr | Single Family | 2,450 | B |
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| 3448 Palomino Dr | Single Family | 1,776 | B |
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| 6724 Rigger Rd | Single Family | 1,697 | B |
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| 6745 Venetian Dr | Single Family | 2,213 | B |
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| 3482 Palomino Dr | Single Family | 1,576 | B |
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| 6697 Riparian Rd | Single Family | 1,206 | B |
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| 3432 Palomino Dr | Single Family | 2,195 | B |
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| 3496 Palomino Dr | Single Family | 1,774 | B |
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| 6698 Riparian Rd | Single Family | 1,495 | B |
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| 3530 Gondolier Way | Single Family | 1,912 | B |
|
| 6700 Rigger Rd | Single Family | 1,927 | B |
|
| 6727 Rigger Rd | Single Family | 1,540 | B |
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| 3529 Palomino Dr | Single Family | 1,948 | B |
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| 3416 Palomino Dr | Single Family | 1,800 | B |
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| 3512 Palomino Dr | Vacant Residential | 0 | L | |
| 3463 Artesian Dr | Single Family | 1,556 | B |
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| 3481 Artesian Dr | Single Family | 1,860 | B |
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| 3390 Gondolier Way | Single Family | 1,070 | B |
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| 6695 Venetian Dr | Single Family | 2,232 | B |
|
| 3447 Artesian Dr | Single Family | 1,788 | B |
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| 6774 Venetian Dr | Single Family | 1,354 | B |
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| 3465 Artesian Dr | Single Family | 1,069 | B |
|
| 6684 Riparian Rd | Single Family | 1,526 | B |
|
| 6711 Rigger Rd | Single Family | 2,221 | B |
|
| 6684 Rigger Rd | Vacant Residential | 0 | L | |
| 3389 Artesian Dr | Single Family | 1,378 | B |
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| 3477 Artesian Dr | Single Family | 1,170 | B |
|
| 6681 Venetian Dr | Vacant Residential | 0 | L | |
| 6726 Venetian Dr | Single Family | 1,716 | B |
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| 6804 Venetian Dr | Single Family | 1,841 | B |
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| 3374 Gondolier Way | Single Family | 1,681 | B |
|
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 47 of all properties in this area. This suggests it would appeal to someone earning around $55,415 per year who should qualify for a mortgage between $110,830 and $138,538.
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 47 of all properties in this area. This corresponds to a rent of $1,012 per month and a monthly household income of $2,630 ($31,560 per year)
Nearby Companies
6711 Rigger Rd
6711 Rigger Rd
6728 Riggers Rd
3464 Gondolier Way