495 Ne 12th 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 | |
|---|---|---|---|---|
| 1235 Ne 5th Ave | Single Family | 2,180 | B |
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| 465 Ne 12th St | Single Family | 1,464 | B |
|
| 1230 Ne 4th Ct | Single Family | 1,676 | B |
|
| 1195 Ne 5th Ave | Single Family | 4,282 | A |
|
| 474 Ne 12th St | Single Family | 1,470 | B |
|
| 1295 Ne 5th Ave | Single Family | 1,937 | B |
|
| 1260 Ne 4th Ct | Single Family | 1,360 | B |
|
| 500 Phillips Dr | Single Family | 2,541 | B |
|
| 464 Ne 12th St | Single Family | 2,031 | B |
|
| 501 Golden Harbour Dr | Single Family | 5,708 | A |
|
| 1290 Ne 4th Ct | Single Family | 1,736 | B |
|
| 1145 Ne 5th Ave | Single Family | 2,129 | B |
|
| 1305 Ne 5th Ave | Single Family | 2,183 | B |
|
| 454 Ne 12th St | Single Family | 1,314 | B |
|
| 510 Phillips Dr | Single Family | 2,475 | B |
|
| 445 Ne 12th St | Single Family | 1,738 | B |
|
| 501 Phillips Dr | Single Family | 2,323 | B |
|
| 1235 Ne 4th Ct | Single Family | 2,136 | B |
|
| 511 Golden Harbour Dr | Single Family | 3,115 | B |
|
| 1255 Ne 4th Ct | Single Family | 1,576 | B |
|
| 1300 Ne 4th Ct | Single Family | 1,946 | B |
|
| 440 Ne 12th St | Single Family | 1,510 | B |
|
| 511 Phillips Dr | Single Family | 2,176 | B |
|
| 495 Ne 10th Ter | Single Family | 3,383 | B |
|
| 1345 Ne 5th Ave | Single Family | 0 | A | |
| 500 Golden Harbour Dr | Single Family | 4,411 | A |
|
| 1295 Ne 4th Ct | Single Family | 1,588 | B |
|
| 465 Ne 10th Ter | Single Family | 2,633 | B |
|
| 520 Phillips Dr | Single Family | 3,168 | B |
|
| 521 Golden Harbour Dr | Single Family | 2,419 | B |
|
| 425 Ne 12th St | Single Family | 1,612 | B |
|
| 1340 Ne 4th Ct | Single Family | 2,027 | B |
|
| 510 Golden Harbour Dr | Vacant Residential | 2,263 | L |
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| 1305 Ne 4th Ct | Single Family | 1,814 | B |
|
| 441 Ne 10th Ter | Single Family | 1,682 | B |
|
| 521 Phillips Dr | Single Family | 5,183 | A |
|
| 1250 Ne 4th Ave | Single Family | 1,920 | B |
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| 500 Ne 14th St | Single Family | 2,712 | B |
|
| 498 Ne 14th St | Single Family | 1,656 | B |
|
| 530 Phillips Dr | Single Family | 5,264 | A |
|
| 531 Golden Harbour Dr | Single Family | 4,528 | A |
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| 520 Golden Harbour Dr | Single Family | 2,238 | B |
|
| 1270 Ne 4th Ave | Single Family | 1,605 | B |
|
| 1345 Ne 4th Ct | Single Family | 1,528 | B |
|
| 431 Ne 10th Ter | Single Family | 4,296 | B |
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| 420 Ne 12th St | Single Family | 2,240 | B |
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| 470 Ne 14th St | Single Family | 1,944 | 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 28 of all properties in this area. This suggests it would appeal to someone earning around $54,728 per year who should qualify for a mortgage between $109,456 and $136,820.
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 28 of all properties in this area. This corresponds to a rent of $1,130 per month and a monthly household income of $3,691 ($44,292 per year)
Nearby Companies
1204 Ne 4th Ave
1204 Ne 4th Ave
1260 Ne 4th Ct
1260 Ne 4th Ct
1255 Ne 4 Ave
470 Ne 14th St
470 Ne 14th St
470 Ne 14th St
470 Ne 14th St
500 Golden Harbour Dr
510 Golden Harbour Dr
510 Golden Harbour Dr
510 Golden Harbour Dr
510 Golden Harbour Dr
510 Golden Harbour Dr
521 Golden Harbour Dr
531 Golden Harbour Dr
531 Golden Harbour Dr
531 Golden Harbour Dr
510 Phillips Dr
510 Phillips Dr
510 Phillips Dr
501 Phillips Dr
521 Phillips Dr
521 Phillips Dr
1145 Ne 5th Ave
1145 Ne 5th Ave
431 Ne 10th Ter
431 Ne 10th Ter
431 Ne 10th Ter
465 Ne 10th Ter
420 Ne 12 Street
465 Ne 12th St
425 Ne 12th St