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:

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

AddressTypeSq FtClass 
860 Cypress Way Single Family 2,210 B
930 Cypress Way Single Family 2,266 B
881 Cypress Way Single Family 2,478 B
960 Cypress Way Single Family 2,011 B
830 Cypress Way Single Family 2,986 B
921 Cypress Way Single Family 3,101 B
841 Cypress Way Single Family 2,276 B
961 Cypress Way Single Family 2,261 B
831 Camino Gardens Ln Single Family 2,489 B
829 Camino Gardens Ln Single Family 2,457 B
861 Camino Gardens Ln Single Family 2,499 B
800 Cypress Way Single Family 2,730 B
801 Cypress Way Single Family 2,751 B
799 Camino Gardens Ln Single Family 2,457 B
863 Camino Gardens Ln Single Family 2,457 B
880 Butternut Ter Single Family 1,661 B
920 Butternut Ter Single Family 2,335 B
797 Camino Gardens Ln Single Family 2,457 B
840 Butternut Ter Single Family 2,288 B
999 Cypress Way Single Family 2,050 B
893 Camino Gardens Ln Single Family 2,659 B
960 Butternut Ter Single Family 2,271 B
767 Camino Gardens Ln Single Family 2,457 B
895 Camino Gardens Ln Single Family 2,457 B
800 Butternut Ter Single Family 3,188 B
599 Apple Tree Ln Single Family 3,180 B
765 Camino Gardens Ln Single Family 2,473 B
998 Butternut Ter Single Family 2,911 B
601 Apple Tree Ln Single Family 1,802 B
735 Camino Gardens Ln Single Family 2,457 B
611 Apple Tree Ln Single Family 1,998 B
830 Camino Gardens Ln Single Family 2,121 B
828 Camino Gardens Ln Single Family 2,051 B
860 Camino Gardens Ln Single Family 2,857 B
798 Camino Gardens Ln Single Family 2,121 B
862 Camino Gardens Ln Single Family 1,843 B
796 Camino Gardens Ln Single Family 2,457 B
881 Butternut Ter Single Family 2,540 B
921 Butternut Ter Single Family 1,697 B
733 Camino Gardens Ln Single Family 2,321 B
892 Camino Gardens Ln Single Family 1,925 B
841 Butternut Ter Single Family 2,380 B
621 Apple Tree Ln Single Family 2,548 B
600 Camino Gardens Blvd Single Family 1,992 B
766 Camino Gardens Ln Single Family 2,393 B
961 Butternut Ter Single Family 2,265 B
894 Camino Gardens Ln Single Family 2,204 B
801 Butternut Ter Single Family 2,491 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 70 of all properties in this area. This suggests it would appeal to someone earning around $156,082 per year who should qualify for a mortgage between $312,164 and $390,205.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$55,721
$111,441
$167,162
$222,882
$156,082

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 70 of all properties in this area. This corresponds to a rent of $1,782 per month and a monthly household income of $5,402 ($64,824 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$291
$2,879
$5,466
$8,054
$10,641
$5,402
$1,782

Nearby Companies

Cord-Fix, Inc,
881 Butternut Ter
Southeast Supply Co LLC
800 Butternut Ter
Dragonchasers Inc
611 Apple Tree Ln
Faber Properties, Inc.
841 Cypress Way
John B Fishing LLC
881 Cypress Way
Local Color Collection LLC
830 Camino Gardens Ln
Moraca'S LLC
1030 Cypress Way
Waterbeast LLC
1030 Cypress Way
943 Sw 4th Street LLC
1030 Cypress Way
Moraca Acquisitions LLC
1030 Cypress Way
Tom Squared LLC
1030 Cypress Way
Sourceamericas, LLC
998 Cypress Way
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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