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:

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

AddressTypeSq FtClass 
4938 Sanctuary Ln Single Family 10,181 A
4874 Sanctuary Ln Single Family 7,279 A
4976 Sanctuary Ln Single Family 7,291 A
4836 Sanctuary Ln Single Family 9,312 A
4955 Sanctuary Ln Single Family 6,250 A
4901 Sanctuary Ln Single Family 5,329 A
701 Osprey Point Cir Single Family 10,058 A
4875 Sanctuary Ln Single Family 5,493 A
5014 Sanctuary Ln Single Family 10,641 A
673 Osprey Point Cir Single Family 6,837 A
4798 Sanctuary Ln Single Family 5,395 A
598 Sandpiper Way Single Family 5,686 A
799 Osprey Point Cir Single Family 7,777 A
576 Sandpiper Way Single Family 5,284 A
647 Osprey Point Cir Single Family 10,939 A
4750 Sanctuary Ln Single Family 8,268 A
4825 Sanctuary Ln Single Family 5,035 A
5015 Blue Heron Way Single Family 7,685 A
4700 Sanctuary Ln Single Family 5,602 A
550 Sandpiper Way Single Family 6,311 A
5052 Sanctuary Ln Single Family 13,902 A
4799 Sanctuary Ln Single Family 4,559 A
798 Osprey Point Cir Single Family 9,257 A
5000 Blue Heron Way Single Family 8,299 A

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 99 of all properties in this area. This suggests it would appeal to someone earning around $682,110 per year who should qualify for a mortgage between $1,364,220 and $1,705,275.

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 99 of all properties in this area. This corresponds to a rent of $4,168 per month and a monthly household income of $10,641 ($127,692 per year)

Nearby Companies

Hollow Point Ranch LLC
576 Sandpiper Way
2008 Commonwealth Realty, LLC
701 Osprey Point Cir
Hri Prof Pc, Corp.
5014 Sanctuary Ln
Hri-H LLC
5014 Sanctuary Ln
A&H Hassman, LLC
5014 Sanctuary Ln
West Shore Drive, LLC
5014 Sanctuary Ln
Stoneway Holding Company, Inc.
5014 Sanctuary Ln
8 D'S Florida Holdings LLC
4938 Sanctuary Ln
Dimarco Barnbeck LLC
4938 Sanctuary Ln
3ja Investors LLC
4938 Sanctuary Ln
Jj&A Leray Associates LLC
4938 Sanctuary Ln
Peninsula Erie LLC
4938 Sanctuary Ln
Dg Jld LLC
4938 Sanctuary Ln
1925 South Clinton LLC
4938 Sanctuary Ln
Dimarco Hamlin LLC
4938 Sanctuary Ln
Admar Ohio LLC
4938 Sanctuary Ln
Jl Dimarco Investors LLC
4938 Sanctuary Ln
Admar Penn LLC
4938 Sanctuary Ln
Admar Holdings, Inc.
4938 Sanctuary Ln
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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