7370 Valencia Dr, 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 | |
|---|---|---|---|---|
| 7388 Valencia Dr | Single Family | 3,716 | A |
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| 7352 Valencia Dr | Single Family | 4,640 | A |
|
| 7351 Valencia Dr | Single Family | 4,021 | A |
|
| 7406 Valencia Dr | Single Family | 3,533 | A |
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| 7316 Valencia Dr | Single Family | 7,648 | A |
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| 7424 Valencia Dr | Single Family | 7,036 | A |
|
| 7315 Valencia Dr | Single Family | 4,752 | A |
|
| 7680 Estrella Cir | Single Family | 3,744 | B |
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| 7676 Estrella Cir | Single Family | 4,017 | B |
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| 7684 Estrella Cir | Single Family | 3,707 | B |
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| 7291 Valencia Dr | Single Family | 5,087 | A |
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| 7442 Valencia Dr | Single Family | 4,151 | A |
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| 7292 Valencia Dr | Single Family | 4,970 | A |
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| 7672 Estrella Cir | Single Family | 3,502 | B |
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| 20989 Verano Way | Single Family | 3,179 | B |
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| 7664 Estrella Cir | Single Family | 4,654 | B |
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| 20981 Verano Way | Single Family | 3,137 | B |
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| 7460 Valencia Dr | Single Family | 4,100 | A |
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| 7690 Estrella Cir | Single Family | 3,743 | B |
|
Local Household Income
The median household income in this part of Florida is $95,812. The bottom 10% of the population earn less than $27,707 per year. The top 10% earn more than $356,660 per year. The top 1% earn more than $682,110 per year. Most renters earn between $39,432 (20th percentile) and $73,884 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $191,624 and $239,530.
The tax assessed value of this property places it in percentile 74 of all properties in this area. This suggests it would appeal to someone earning around $175,698 per year who should qualify for a mortgage between $351,396 and $439,245.
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 $1,432. Most renters earn between $3,286 and $6,157 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,042 (20th percentile) to $2,015 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 74 of all properties in this area. This corresponds to a rent of $1,886 per month and a monthly household income of $5,606 ($67,272 per year)
Nearby Companies
7424 Valencia Dr
7483 Valencia Dr
7483 Valencia Dr
7483 Valencia Dr
7483 Valencia Dr
7442 Valencia Dr
7316 Valencia Dr
7292 Valencia Dr
7292 Valencia Dr
7352 Valencia Dr
7352 Valencia Dr
7315 Valencia Dr
7684 Estrella Cir
20989 Verano Way