700 Sw 7th 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 | |
|---|---|---|---|---|
| 702 Sw 7th St | Single Family | 2,058 | B |
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| 699 Apple Tree Ln | Single Family | 2,418 | B |
|
| 701 Apple Tree Ln | Single Family | 2,454 | B |
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| 680 Sw 7th St | Single Family | 2,817 | B |
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| 699 Sw 7th St | Single Family | 2,681 | B |
|
| 701 Sw 7th St | Single Family | 1,876 | B |
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| 685 Apple Tree Ln | Single Family | 2,695 | B |
|
| 704 Sw 7th St | Single Family | 1,829 | B |
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| 709 Apple Tree Ln | Single Family | 2,243 | B |
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| 683 Sw 7th St | Single Family | 2,232 | B |
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| 703 Sw 7th St | Single Family | 1,369 | B |
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| 671 Apple Tree Ln | Single Family | 2,416 | B |
|
| 707 Sw 7th St | Single Family | 1,491 | B |
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| 670 Sw 7th St | Single Family | 2,497 | B |
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| 714 Sw 7th St | Single Family | 1,603 | B |
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| 719 Apple Tree Ln | Single Family | 2,661 | B |
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| 800 Hickory Ter | Single Family | 2,441 | B |
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| 698 W Camino Real | Single Family | 2,169 | B |
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| 700 W Camino Real | Single Family | 1,894 | B |
|
| 700 Apple Tree Ln | Single Family | 2,409 | B |
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| 698 Sw 6th Ter | Single Family | 1,685 | B |
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| 682 W Camino Real | Single Family | 2,110 | B |
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| 702 W Camino Real | Single Family | 1,472 | B |
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| 801 Elderberry Way | Single Family | 2,429 | B |
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| 708 Apple Tree Ln | Single Family | 2,413 | B |
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| 661 Apple Tree Ln | Single Family | 2,131 | B |
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| 717 Sw 7th St | Single Family | 2,201 | B |
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| 666 Sw 6th Ter | Single Family | 1,467 | B |
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| 708 W Camino Real | Single Family | 1,605 | B |
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| 727 Apple Tree Ln | Single Family | 2,412 | B |
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| 724 Sw 7th St | Single Family | 1,773 | B |
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| 828 Hickory Ter | Single Family | 2,472 | B |
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| 718 Apple Tree Ln | Single Family | 2,253 | B |
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| 831 Hickory Ter | Single Family | 2,424 | B |
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| 827 Elderberry Way | Single Family | 2,264 | B |
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| 660 W Camino Real | Single Family | 1,959 | B |
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| 718 W Camino Real | Single Family | 3,071 | B |
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| 727 Sw 7th St | Single Family | 2,765 | B |
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| 651 Apple Tree Ln | Single Family | 2,423 | B |
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| 734 Sw 7th St | Single Family | 2,318 | B |
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| 737 Apple Tree Ln | Single Family | 2,538 | B |
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| 726 Apple Tree Ln | Single Family | 2,457 | B |
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| 800 Elderberry Way | Single Family | 2,602 | B |
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| 858 Hickory Ter | Single Family | 2,260 | B |
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| 857 Elderberry Way | Single Family | 2,188 | B |
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| 861 Hickory Ter | Single Family | 2,132 | B |
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| 728 W Camino Real | Single Family | 2,334 | B |
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| 737 Sw 7th St | Single Family | 2,330 | B |
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| 683 W Camino Real | Single Family | 2,162 | 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 39 of all properties in this area. This suggests it would appeal to someone earning around $73,486 per year who should qualify for a mortgage between $146,972 and $183,715.
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 39 of all properties in this area. This corresponds to a rent of $1,281 per month and a monthly household income of $4,101 ($49,212 per year)
Nearby Companies
801 Elderberry Way
801 Elderberry Way
826 Elderberry Way
800 Elderberry Way
800 Elderberry Way
800 Elderberry Way
737 Apple Tree Ln
728 W Camino Real
757 Sw 7th St
780 Apple Tree Ln
780 Apple Tree Ln
717 Sw 7th St
717 Sw 7th St
728 West Camino Real
728 West Camino Real
728 West Camino Real
747 Sw 7th St
718 Apple Tree Ln
683 W Camino Real
683 Sw 7th St
698 Sw 6 Terrace