7180 Nw 4th Ave, Boca Raton
Palm Beach County Real Estate - Delray Beach
Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.
The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.
There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
Delray Beach 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 | |
|---|---|---|---|---|
| 7160 Nw 4th Ave | Single Family | 2,011 | B |
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| 7200 Nw 4th Ave | Single Family | 2,065 | B |
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| 7053 Nw 3rd Ave | Single Family | 2,506 | B |
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| 7210 Nw 4th Ave | Single Family | 2,291 | B |
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| 7150 Nw 4th Ave | Single Family | 2,142 | B |
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| 7061 Nw 3rd Ave | Single Family | 2,421 | B |
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| 7045 Nw 3rd Ave | Single Family | 2,512 | B |
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| 400 Nw 72nd St | Single Family | 1,896 | B |
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| 402 Nw 72nd St | Single Family | 2,063 | B |
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| 7069 Nw 3rd Ave | Single Family | 2,778 | B |
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| 7220 Nw 4th Ave | Single Family | 1,972 | B |
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| 7140 Nw 4th Ave | Single Family | 2,365 | B |
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| 7185 Nw 4th Ave | Single Family | 2,300 | B |
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| 7039 Nw 3rd Ave | Single Family | 2,460 | B |
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| 401 Nw 72nd St | Single Family | 2,377 | B |
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| 404 Nw 72nd St | Single Family | 2,097 | B |
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| 7077 Nw 3rd Ave | Single Family | 2,421 | B |
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| 7230 Nw 4th Ave | Single Family | 2,076 | B |
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| 7050 Nw 3rd Ave | Single Family | 2,393 | B |
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| 7130 Nw 4th Ave | Single Family | 2,124 | B |
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| 7175 Nw 4th Ave | Single Family | 2,014 | B |
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| 7031 Nw 3rd Ave | Single Family | 2,393 | B |
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| 7058 Nw 3rd Ave | Single Family | 2,696 | B |
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| 403 Nw 72nd St | Single Family | 2,934 | B |
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| 405 Nw 72nd St | Single Family | 2,121 | B |
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| 7042 Nw 3rd Ave | Single Family | 2,393 | B |
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| 408 Nw 72nd St | Single Family | 2,240 | B |
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| 407 Nw 72nd St | Single Family | 2,244 | B |
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| 7165 Nw 4th Ave | Single Family | 2,219 | B |
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| 7066 Nw 3rd Ave | Single Family | 2,778 | B |
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| 7085 Nw 3rd Ave | Single Family | 2,393 | B |
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| 7120 Nw 4th Ave | Single Family | 2,112 | B |
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| 7240 Nw 4th Ave | Single Family | 2,081 | B |
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| 409 Nw 72nd St | Single Family | 2,194 | B |
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| Nw 4th Ave | Forest, park or recreational area | 0 | L | |
| 7025 Nw 3rd Ave | Single Family | 2,455 | B |
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| 7034 Nw 3rd Ave | Single Family | 2,393 | B |
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| 412 Nw 72nd St | Single Family | 2,193 | B |
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| 7155 Nw 4th Ave | Single Family | 2,106 | B |
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| 7074 Nw 3rd Ave | Single Family | 2,393 | B |
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| 411 Nw 72nd St | Single Family | 1,905 | B |
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| 7093 Nw 3rd Ave | Single Family | 2,175 | B |
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| 7110 Nw 4th Ave | Single Family | 2,073 | B |
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| 7017 Nw 3rd Ave | Single Family | 2,446 | B |
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| 7135 Nw 4th Ave | Single Family | 2,357 | B |
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| 7250 Nw 4th Ave | Single Family | 2,066 | B |
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| 7026 Nw 3rd Ave | Single Family | 2,457 | B |
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| 420 Nw 72nd St | Single Family | 2,340 | B |
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| 7082 Nw 3rd Ave | Single Family | 2,882 | 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 35 of all properties in this area. This suggests it would appeal to someone earning around $66,539 per year who should qualify for a mortgage between $133,078 and $166,348.
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 35 of all properties in this area. This corresponds to a rent of $1,227 per month and a monthly household income of $4,007 ($48,084 per year)
Nearby Companies
7034 Nw 3rd Ave
7110 Nw 4th Ave
7058 Nw 3rd Ave
7085 Nw 3rd Ave
7085 Nw 3rd Ave
7180 Nw 4th Ave
7175 Nw 4th Ave
7210 Nw 4th Ave
7200 Nw 4 Avenue
7220 Nw 4th Ave