7891 Mandarin 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 | |
|---|---|---|---|---|
| 7907 Mandarin Dr | Single Family | 4,353 | A |
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| 7875 Mandarin Dr | Single Family | 6,248 | A |
|
| 7892 Mandarin Dr | Single Family | 3,924 | A |
|
| 7876 Mandarin Dr | Single Family | 4,375 | A |
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| 7923 Mandarin Dr | Single Family | 3,996 | A |
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| 7859 Mandarin Dr | Single Family | 4,689 | A |
|
| 7908 Mandarin Dr | Single Family | 4,170 | A |
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| 7860 Mandarin Dr | Single Family | 4,082 | A |
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| 7924 Mandarin Dr | Single Family | 3,903 | A |
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| 7939 Mandarin Dr | Single Family | 4,679 | A |
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| 7843 Mandarin Dr | Single Family | 4,978 | A |
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| 7844 Mandarin Dr | Single Family | 3,665 | A |
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| 7940 Mandarin Dr | Single Family | 4,197 | A |
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| 7955 Mandarin Dr | Single Family | 5,810 | A |
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| 7827 Mandarin Dr | Single Family | 4,458 | A |
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| 7828 Mandarin Dr | Single Family | 3,771 | A |
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| 7898 Afton Villa Ct | Single Family | 4,630 | A |
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| 7874 Afton Villa Ct | Single Family | 6,345 | A |
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| 7956 Mandarin Dr | Single Family | 4,383 | A |
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| 7858 Afton Villa Ct | Single Family | 5,705 | A |
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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 73 of all properties in this area. This suggests it would appeal to someone earning around $170,526 per year who should qualify for a mortgage between $341,052 and $426,315.
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 73 of all properties in this area. This corresponds to a rent of $1,867 per month and a monthly household income of $5,551 ($66,612 per year)
Nearby Companies
7955 Mandarin Dr
7955 Mandarin Dr
7955 Mandarin Dr
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7955 Mandarin Dr
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