281 Forsyth 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 | |
|---|---|---|---|---|
| 241 Forsyth St | Single Family | 1,365 | B |
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| 321 Forsyth St | Single Family | 1,093 | B |
|
| 201 Forsyth St | Single Family | 1,359 | B |
|
| 361 Forsyth St | Single Family | 1,911 | B |
|
| 258 Enfield St | Single Family | 842 | B |
|
| 161 Forsyth St | Single Family | 1,440 | B |
|
| 344 Enfield St | Single Family | 1,836 | B |
|
| 172 Enfield St | Single Family | 916 | B |
|
| 441 Forsyth St | Single Family | 1,965 | B |
|
| 280 Forsyth St | Single Family | 1,557 | B |
|
| 320 Forsyth St | Single Family | 1,445 | B |
|
| 240 Forsyth St | Single Family | 1,118 | B |
|
| 121 Forsyth St | Single Family | 2,200 | B |
|
| 130 Enfield St | Single Family | 1,484 | B |
|
| 380 Forsyth St | Single Family | 1,102 | B |
|
| 200 Forsyth St | Single Family | 1,260 | B |
|
| 400 Forsyth St | Vacant Residential | 0 | L | |
| 160 Forsyth St | Single Family | 1,324 | B |
|
| 430 Enfield St | Single Family | 1,215 | B |
|
| 6360 N Dixie Hwy | Single Family | 1,651 | B |
|
| 120 Forsyth St | Single Family | 1,407 | B |
|
| 440 Forsyth St | Single Family | 2,680 | B |
|
| 6340 N Dixie Hwy | Single Family | 1,409 | B |
|
| 6320 N Dixie Hwy | Single Family | 1,720 | B |
|
| 6380 N Dixie Hwy | Single Family | 1,681 | B |
|
| 474 Enfield St | Single Family | 1,066 | B |
|
| 259 Enfield St | Single Family | 1,353 | B |
|
| 291 Glouchester St | Single Family | 1,166 | B |
|
| 215 Enfield St | Single Family | 1,430 | B |
|
| 301 Enfield St | Single Family | 1,287 | B |
|
| 325 Glouchester St | Single Family | 1,651 | B |
|
| 255 Glouchester St | Single Family | 1,474 | B |
|
| 520 Forsyth St | Store, one story | 2,100 | B |
|
| 6280 N Dixie Hwy | Single Family | 1,651 | B |
|
| 171 Enfield St | Single Family | 1,148 | B |
|
| 363 Glouchester St | Single Family | 804 | B |
|
| Enfield St | Vacant Residential | 0 | L | |
| 219 Glouchester St | Single Family | 907 | B |
|
| 131 Enfield St | Single Family | 1,218 | B |
|
| 399 Glouchester St | Single Family | 838 | B |
|
| 181 Glouchester St | Single Family | 946 | B |
|
| 6420 N Dixie Hwy | Vacant Residential | 0 | L | |
| 387 Enfield St | Single Family | 1,269 | B |
|
| 6301 N Federal Hwy | Store, one story | 13,085 | B |
|
| 433 Glouchester St | Single Family | 986 | B |
|
| 6260 N Dixie Hwy | Single Family | 1,455 | B |
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| 145 Glouchester St | Single Family | 882 | B |
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| 475 Enfield St | Single Family | 980 | B |
|
| 475 Glouchester St | Single Family | 1,131 | 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 4 of all properties in this area. This suggests it would appeal to someone earning around $15,071 per year who should qualify for a mortgage between $30,142 and $37,678.
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 4 of all properties in this area. This corresponds to a rent of $738 per month and a monthly household income of $2,315 ($27,780 per year)
Nearby Companies
6380 N Dixie Hwy
6460 N Dixie Hwy
6460 N Dixie Hwy
6460 N Dixie Hwy
258 Enfield St
386 Enfield St
434 Glouchester St