259 Sw 2nd St, Boca Raton
Palm Beach County Real Estate - Boca Raton
Boca Raton is in South East Florida. It's population as recorded in the 2010 Census was 84,392.
The median age for residents of Boca Raton is 45.4. Around 22.8% of Boca Raton households include school aged children and 33.8% of households include individuals aged 65 years or over. Census records indicate 88.4% of the Boca Raton population are White, 5.2% are Black or African American, .1% American Indian, 2.4% Asian and 1.6% are Two or more Races.
There are 44,539 housing units in Boca Raton. 7,761 (17.4%) of these were reported as vacant in the 2010 Census. Boca Raton is a tourist destination, 64% (4,973) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 12,218 residential rental units in Boca Raton. 10,963 of them were occupied in 2010 providing a residential rental vacancy rate of 9.7%.
Boca Raton 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 | |
|---|---|---|---|---|
| 247 Sw 2nd St | Single Family | 1,392 | B |
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| 267 Sw 2nd St | Single Family | 1,167 | B |
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| 239 Sw 2nd St | Single Family | 1,680 | B |
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| 250 Sw 1st St | Multi-family - less than 10 units | 1,724 | B |
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| 283 Sw 2nd St | Single Family | 1,400 | B |
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| 264 Sw 1st St | Multi-family - less than 10 units | 2,622 | B |
|
| 242 Sw 1st St | Multi-family - less than 10 units | 2,227 | B |
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| 252 Sw 2nd St | Single Family | 1,053 | B |
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| 266 Sw 2nd St | Single Family | 1,117 | B |
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| 227 Sw 2nd St | Single Family | 1,625 | B |
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| 276 Sw 1st St | Multi-family - less than 10 units | 1,667 | B |
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| 244 Sw 2nd St | Single Family | 1,072 | B |
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| 274 Sw 2nd St | Single Family | 923 | B |
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| 230 Sw 1st St | Multi-family - less than 10 units | 2,227 | B |
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| 295 Sw 2nd St | Single Family | 2,219 | B |
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| 238 Sw 2nd St | Single Family | 1,185 | B |
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| 286 Sw 2nd St | Single Family | 1,059 | B |
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| 219 Sw 2nd St | Single Family | 1,564 | B |
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| 100 Sw 3rd Ave | Single Family | 2,236 | B |
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| 226 Sw 2nd St | Single Family | 1,024 | B |
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| 222 Sw 1st St | Multi-family - less than 10 units | 1,778 | B |
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| 298 Sw 2nd St | Single Family | 1,063 | B |
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| 220 Sw 2nd St | Single Family | 1,692 | B |
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| 207 Sw 2nd St | Single Family | 1,732 | B |
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| 255 Sw 3rd St | Single Family | 1,535 | B |
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| 267 Sw 3rd St | Single Family | 1,077 | B |
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| 245 Sw 3rd St | Single Family | 1,059 | B |
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| 275 Sw 3rd St | Single Family | 1,041 | B |
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| 101 Sw 2nd Ave | Multi-family - less than 10 units | 2,549 | B |
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| 239 Sw 3rd St | Single Family | 1,392 | B |
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| 301 Sw 2nd St | Single Family | 1,079 | B |
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| Sw 2nd St | Vacant Residential | 0 | L | |
| 285 Sw 3rd St | Single Family | 1,917 | B |
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| 200 Sw 2nd St | Single Family | 2,293 | B |
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| 221 Sw 3rd St | Single Family | 1,596 | B |
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| 101 Sw 3rd Ave | Multi-family - less than 10 units | 1,617 | B |
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| 299 Sw 3rd St | Single Family | 1,257 | B |
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| 300 Sw 2nd St | Single Family | 1,721 | B |
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| 211 Sw 3rd St | Single Family | 1,062 | B |
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| 311 Sw 2nd St | Single Family | 1,245 | B |
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| 201 Sw 1st St | Condominium | 1,290 | B |
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| 201 Sw 3rd St | Single Family | 1,585 | B |
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| 310 Sw 2nd St | Single Family | 1,202 | B |
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| 314 Sw 1st St | Multi-family - less than 10 units | 1,560 | B |
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| 301 Sw 3rd St | Single Family | 1,476 | B |
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| 319 Sw 2nd St | Single Family | 1,662 | B |
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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 17 of all properties in this area. This suggests it would appeal to someone earning around $38,534 per year who should qualify for a mortgage between $77,068 and $96,335.
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 17 of all properties in this area. This corresponds to a rent of $1,008 per month and a monthly household income of $3,178 ($38,136 per year)
Nearby Companies
295 Sw 2nd St
201 Sw 1st St
201 Sw 1st St
230 Sw 1st St
245 Sw 3rd St