326 Cottonwood Ln, 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 | |
|---|---|---|---|---|
| 336 Cottonwood Ln | Single Family | 2,297 | B |
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| 8099 Fairway Trl | Single Family | 2,161 | B |
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| 325 Redwood Ln | Single Family | 2,388 | B |
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| 335 Redwood Ln | Single Family | 2,426 | B |
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| 8001 Fairway Trl | Single Family | 2,580 | B |
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| 346 Cottonwood Ln | Single Family | 2,436 | B |
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| 331 Cottonwood Ln | Single Family | 2,454 | B |
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| 321 Cottonwood Ln | Single Family | 2,472 | B |
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| 345 Redwood Ln | Single Family | 2,438 | B |
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| 339 Cottonwood Ln | Single Family | 2,455 | B |
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| 311 Cottonwood Ln | Single Family | 2,475 | B |
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| 356 Cottonwood Ln | Single Family | 2,438 | B |
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| 355 Redwood Ln | Single Family | 2,499 | B |
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| 349 Cottonwood Ln | Single Family | 3,469 | A |
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| 320 N Country Club Blvd | Single Family | 2,173 | B |
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| 320 Redwood Ln | Single Family | 2,105 | B |
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| 330 Redwood Ln | Single Family | 2,218 | B |
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| 310 N Country Club Blvd | Single Family | 2,106 | B |
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| 330 N Country Club Blvd | Single Family | 2,329 | B |
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| 8050 Fairway Trl | Single Family | 5,501 | A |
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| 7999 Fairway Trl | Single Family | 2,682 | A |
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| 8100 Fairway Trl | Single Family | 2,366 | B |
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| 340 Redwood Ln | Single Family | 2,093 | B |
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| 366 Cottonwood Ln | Single Family | 2,405 | B |
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| 340 N Country Club Blvd | Single Family | 2,090 | B |
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| 359 Cottonwood Ln | Single Family | 2,854 | B |
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| 8000 Fairway Trl | Single Family | 3,715 | A |
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| 365 Redwood Ln | Single Family | 2,415 | B |
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| 300 N Country Club Blvd | Single Family | 2,833 | A |
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| 350 Redwood Ln | Single Family | 2,073 | B |
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| 350 N Country Club Blvd | Single Family | 2,144 | B |
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| 8198 Fairway Trl | Single Family | 2,240 | B |
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| 319 Sequoia Ln | Single Family | 2,030 | B |
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| 329 Sequoia Ln | Single Family | 2,400 | B |
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| 7998 Fairway Trl | Single Family | 3,235 | A |
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| 369 Cottonwood Ln | Single Family | 2,353 | B |
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| 339 Sequoia Ln | Single Family | 2,387 | B |
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| 309 Sequoia Ln | Single Family | 2,426 | B |
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| 383 Redwood Ln | Single Family | 3,789 | B |
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| 360 Redwood Ln | Single Family | 2,073 | B |
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| 360 N Country Club Blvd | Single Family | 2,472 | B |
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| 396 Cottonwood Ln | Single Family | 3,288 | A |
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| 349 Sequoia Ln | Single Family | 2,442 | B |
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| 7950 Fairway Trl | Single Family | 2,654 | B |
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| 381 Cottonwood Ln | Single Family | 2,392 | B |
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| 378 Redwood Ln | Single Family | 2,111 | B |
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| 280 N Country Club Blvd | Single Family | 2,864 | B |
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| 359 Sequoia Ln | Single Family | 2,353 | B |
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| 378 N Country Club Blvd | Single Family | 2,112 | 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 47 of all properties in this area. This suggests it would appeal to someone earning around $89,783 per year who should qualify for a mortgage between $179,566 and $224,458.
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 47 of all properties in this area. This corresponds to a rent of $1,389 per month and a monthly household income of $4,336 ($52,032 per year)
Nearby Companies
330 N Country Club Blvd
7950 Fairway Trl
320 Redwood Ln
7998 Fairway Trl
8000 Fairway Trl
8050 Fairway Trl
8100 Fairway Trl
340 Redwood Ln
360 Redwood Ln
330 Redwood Ln
330 Redwood Ln
340 N Country Club Blvd
375 North Country Club Blvd
375 North Country Club Blvd