101 Sw 6th Ter, 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 | |
|---|---|---|---|---|
| 121 Sw 6th Ter | Single Family | 1,336 | B |
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| 100 Sw 7th Ave | Single Family | 1,951 | B |
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| 122 Sw 7th Ave | Single Family | 1,591 | B |
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| 677 W Royal Palm Rd | Single Family | 2,502 | B |
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| 659 W Royal Palm Rd | Single Family | 2,852 | B |
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| 151 Sw 6th Ter | Single Family | 2,598 | B |
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| 630 W Royal Palm Rd | Single Family | 2,711 | B |
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| 699 W Royal Palm Rd | Single Family | 1,893 | B |
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| 150 Sw 7th Ave | Single Family | 1,960 | B |
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| 639 W Royal Palm Rd | Single Family | 2,300 | B |
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| 124 Sw 6th Ter | Single Family | 1,985 | B |
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| 161 Sw 6th Ter | Single Family | 2,082 | B |
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| 621 W Royal Palm Rd | Vacant Residential | 0 | L | |
| 150 Sw 6th Ter | Single Family | 2,336 | B |
|
| 176 Sw 7th Ave | Single Family | 1,926 | B |
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| 600 W Royal Palm Rd | Single Family | 2,327 | B |
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| 101 Sw 7th Ave | Single Family | 2,048 | B |
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| 125 Sw 6th Ave | Single Family | 2,147 | B |
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| 127 Sw 7th Ave | Single Family | 2,310 | B |
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| 676 W Palmetto Park Rd | Single Family | 1,535 | B |
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| 181 Sw 6th Ter | Single Family | 2,129 | B |
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| 601 W Royal Palm Rd | Single Family | 1,890 | B |
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| 698 W Palmetto Park Rd | Single Family | 2,106 | B |
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| 701 W Royal Palm Rd | Single Family | 2,443 | B |
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| 174 Sw 6th Ter | Single Family | 1,626 | B |
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| 658 W Palmetto Park Rd | Single Family | 2,011 | B |
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| 200 Sw 7th Ave | Single Family | 1,786 | B |
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| 151 Sw 7th Ave | Single Family | 1,780 | B |
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| 151 Sw 6th Ave | Single Family | 2,549 | B |
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| 636 W Palmetto Park Rd | Single Family | 2,281 | B |
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| 171 Sw 7th Ave | Single Family | 2,121 | B |
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| 175 Sw 6th Ave | Single Family | 2,301 | B |
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| 199 Sw 6th Ter | Single Family | 2,528 | B |
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| 709 W Royal Palm Rd | Single Family | 2,553 | B |
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| 620 W Palmetto Park Rd | Single Family | 2,060 | B |
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| 700 W Palmetto Park Rd | Single Family | 2,511 | B |
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| 639 Sw 1st St | Single Family | 2,952 | B |
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| 100 Sw 7th Ter | Single Family | 2,167 | B |
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| Sw 7th Ave | Vacant Residential | 0 | L | |
| 226 Sw 7th Ave | Single Family | 1,809 | B |
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| 132 Sw 7th Ter | Single Family | 1,691 | B |
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| 599 W Royal Palm Rd | Single Family | 2,762 | B |
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| 110 Sw 6th Ave | Single Family | 3,274 | B |
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| 164 Sw 7th Ter | Single Family | 2,424 | B |
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| 201 Sw 7th Ave | Single Family | 2,301 | B |
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| 621 Sw 1st St | Single Family | 2,009 | B |
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| 122 Sw 6th Ave | Single Family | 1,981 | B |
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| 600 W Palmetto Park Rd | Single Family | 2,358 | 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 37 of all properties in this area. This suggests it would appeal to someone earning around $70,528 per year who should qualify for a mortgage between $141,056 and $176,320.
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 37 of all properties in this area. This corresponds to a rent of $1,259 per month and a monthly household income of $4,078 ($48,936 per year)
Nearby Companies
199 Sw 6th Ter
150 Sw 7th Ave
174 Sw 6th Ter
171 Sw 7th Ave
161 Sw 6th Ter
150 Sw 6 Terrace
101 Sw 6th Ter
101 Sw 6th Ter
101 Sw 6th Ter
630 West Royal Palm Rd
630 West Royal Palm Rd
599 West Royal Palm Rd
599 West Royal Palm Rd
599 West Royal Palm Rd
110 Sw 6th Ave
110 Sw 6th Ave
709 W Royal Palm Rd
659 W Royal Palm Rd
599 W Royal Palm Rd
599 W Royal Palm Rd
599 W Royal Palm Rd
599 W Royal Palm Rd
599 W Royal Palm Rd
698 W Palmetto Park Rd
698 W Palmetto Park Rd
698 W Palmetto Park Rd
701 West Palmetto Park Rd
151 Sw 7 Terrace