20999 Covington 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:
Links
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 | |
|---|---|---|---|---|
| 20991 Covington Dr | Condominium | 908 | B |
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| 20995 Covington Dr | Condominium | 908 | B |
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| 21004 Covington Dr | Condominium | 908 | B |
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| 21000 Covington Dr | Condominium | 1,332 | B |
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| 20975 Covington Dr | Condominium | 1,332 | B |
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| 20987 Covington Dr | Condominium | 1,332 | B |
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| 21008 Covington Dr | Condominium | 908 | B |
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| 20967 Covington Dr | Condominium | 908 | B |
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| 20971 Covington Dr | Condominium | 908 | B |
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| 21012 Covington Dr | Condominium | 1,332 | B |
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| 20963 Covington Dr | Condominium | 1,332 | B |
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| 20952 Covington Dr | Condominium | 908 | B |
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| 20956 Covington Dr | Condominium | 908 | B |
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| 20960 Covington Dr | Condominium | 1,332 | B |
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| 21021 Covington Dr | Condominium | 1,332 | B |
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| 20948 Covington Dr | Condominium | 1,332 | B |
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| 21025 Covington Dr | Condominium | 908 | B |
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| 20939 Covington Dr | Condominium | 1,332 | B |
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| 20935 Covington Dr | Condominium | 908 | B |
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| 21028 Covington Dr | Condominium | 1,332 | B |
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| 21029 Covington Dr | Condominium | 908 | B |
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| 21032 Covington Dr | Condominium | 908 | B |
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| 21033 Covington Dr | Condominium | 1,332 | B |
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| 20931 Covington Dr | Condominium | 908 | B |
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| 20927 Covington Dr | Condominium | 1,332 | B |
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| 21036 Covington Dr | Condominium | 908 | B |
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| 8661 Chevy Chase Dr | Condominium | 908 | B |
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| 8665 Chevy Chase Dr | Condominium | 1,332 | B |
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| 8657 Chevy Chase Dr | Condominium | 908 | B |
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| 8653 Chevy Chase Dr | Condominium | 1,332 | B |
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| 8646 Chevy Chase Dr | Condominium | 908 | B |
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| 8650 Chevy Chase Dr | Condominium | 1,332 | B |
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| 21040 Covington Dr | Condominium | 1,332 | B |
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| 8642 Chevy Chase Dr | Condominium | 908 | B |
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| 8637 Chevy Chase Dr | Condominium | 1,332 | B |
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| 8638 Chevy Chase Dr Ste | Condominium | 1,332 | B |
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| 8629 Chevy Chase Dr | Condominium | 908 | B |
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| 8633 Chevy Chase Dr | Condominium | 908 | B |
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| 8710 Chevy Chase Dr | Condominium | 908 | B |
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| 8706 Chevy Chase Dr | Condominium | 1,332 | B |
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| 8718 Chevy Chase Dr | Condominium | 1,332 | B |
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| 8714 Chevy Chase Dr | Condominium | 908 | B |
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| 8625 Chevy Chase Dr | Condominium | 1,332 | B |
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| 8726 Chevy Chase Dr | Condominium | 1,332 | B |
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| 21062 Covington Dr | Condominium | 908 | B |
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| 21058 Covington Dr | Condominium | 1,332 | B |
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| 8734 Chevy Chase Dr | Condominium | 908 | B |
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| 8733 Chevy Chase Dr | Condominium | 908 | B |
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| 8729 Chevy Chase Dr | Condominium | 1,332 | B |
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Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 11 of all properties in this area. This suggests it would appeal to someone earning around $25,109 per year who should qualify for a mortgage between $50,218 and $62,773.
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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 11 of all properties in this area. This corresponds to a rent of $532 per month and a monthly household income of $1,928 ($23,136 per year)
Nearby Companies
8718 Chevy Chase Dr
8726 Chevy Chase Dr
8726 Chevy Chase Dr