298 Ne Wavecrest Ct, 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 | |
|---|---|---|---|---|
| 260 Ne Wavecrest Ct | Single Family | 4,701 | A |
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| 332 Ne Wavecrest Ct | Single Family | 2,188 | B |
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| 299 Ne Wavecrest Way | Single Family | 3,221 | A |
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| 333 Ne Wavecrest Way | Single Family | 2,696 | B |
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| 237 Ne Wavecrest Way | Single Family | 2,851 | B |
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| 230 Ne Wavecrest Ct | Single Family | 1,951 | B |
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| 366 Ne Wavecrest Ct | Single Family | 1,798 | B |
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| 299 Ne Wavecrest Ct | Single Family | 3,631 | B |
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| 333 Ne Wavecrest Ct | Single Family | 1,766 | B |
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| 261 Ne Wavecrest Ct | Single Family | 1,568 | B |
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| 235 Ne Wavecrest Way | Single Family | 1,604 | B |
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| 363 Ne Wavecrest Way | Single Family | 2,480 | B |
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| 398 Ne Wavecrest Ct | Single Family | 2,062 | B |
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| 363 Ne Wavecrest Ct | Single Family | 1,906 | B |
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| 220 Ne Wavecrest Ct | Single Family | 2,297 | B |
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| 201 Ne Wavecrest Ct | Single Family | 1,931 | B |
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| 395 Ne Wavecrest Way | Single Family | 2,991 | B |
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| 201 Ne Wavecrest Way | Single Family | 2,496 | B |
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| 850 Ne 4th St | Single Family | 4,106 | A |
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| 280 Ne Wavecrest Way | Multi-family - less than 10 units | 2,763 | B |
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| 276 Ne Olive Way | Single Family | 1,981 | B |
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| 249 Ne Olive Way | Single Family | 2,134 | B |
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| 320 Ne Wavecrest Way | Multi-family - less than 10 units | 2,627 | B |
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| 180 Ne Wavecrest Ct | Single Family | 1,992 | B |
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| 260 Ne Wavecrest Way | Multi-family - less than 10 units | 2,625 | B |
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| 300 Ne Olive Way | Single Family | 2,201 | B |
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| 234 Ne Wavecrest Way | Single Family | 3,062 | B |
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| 181 Ne Wavecrest Way | Single Family | 2,354 | B |
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| 360 Ne Wavecrest Way | Multi-family - less than 10 units | 3,814 | B |
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| 903 Ne 2nd St | Single Family | 1,757 | B |
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| 232 Ne Wavecrest Way | Single Family | 1,532 | B |
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| 851 Ne 4th St | Single Family | 1,582 | B |
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| 800 Ne 4th St | Single Family | 3,002 | B |
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| 900 Ne 4th St | Multi-family - less than 10 units | 2,724 | B |
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| 200 Ne Wavecrest Way | Multi-family - less than 10 units | 2,883 | B |
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| 411 Ne Wavecrest Way | Single Family | 1,562 | B |
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| 160 Ne Wavecrest Ct | Single Family | 1,861 | B |
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| 401 Ne Wavecrest Ct | Single Family | 2,423 | B |
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| 161 Ne Wavecrest Way | Single Family | 1,183 | B |
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| 904 Ne 2nd St | Single Family | 2,272 | B |
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| 180 Ne Wavecrest Way | Multi-family - less than 10 units | 3,142 | B |
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| 428 Ne Wavecrest Ct | Single Family | 2,175 | B |
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| 425 Ne Wavecrest Way | Single Family | 3,021 | B |
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| 140 Ne Wavecrest Ct | Single Family | 2,679 | B |
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| 365 N Ocean Blvd | Condominium | 0 | B | |
| 911 Ne 4th St | Multi-family - less than 10 units | 3,642 | B |
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| 400 Ne Olive Way | Single Family | 2,566 | B |
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| 902 Ne 2nd St | Single Family | 3,129 | B |
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| 425 Ne Wavecrest Ct | Single Family | 2,574 | 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 71 of all properties in this area. This suggests it would appeal to someone earning around $160,200 per year who should qualify for a mortgage between $320,400 and $400,500.
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 71 of all properties in this area. This corresponds to a rent of $1,804 per month and a monthly household income of $5,425 ($65,100 per year)
Nearby Companies
799 Ne 2nd St
799 Ne 2nd St
799 Ne 2nd St
260 Ne Wavecrest Ct
299 Ne Wavecrest Way
298 Ne Wavecrest Ct
333 Ne Wavecrest Way
300 Ne Olive Way
360 Ne Wavecrest Way
360 Ne Wavecrest Way
360 Ne Wavecrest Way
360 Ne Wavecrest Way
345 Ne Olive Way
363 Ne Wavecrest Way
400 Ne Olive Way
161 Ne Wavecrest Ct
161 Ne Wavecrest Ct
161 Ne Wavecrest Ct
161 Ne Wavecrest Ct