391 Driftwood Ter, 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%.
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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 | |
|---|---|---|---|---|
| 393 Driftwood Ter | Single Family | 2,475 | B |
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| 389 Driftwood Ter | Single Family | 1,377 | B |
|
| 395 Driftwood Ter | Single Family | 1,901 | B |
|
| 387 Driftwood Ter | Single Family | 1,901 | B |
|
| 397 Driftwood Ter | Single Family | 2,475 | B |
|
| 385 Driftwood Ter | Single Family | 1,901 | B |
|
| 392 Driftwood Ter | Single Family | 1,901 | B |
|
| 399 Driftwood Ter | Single Family | 1,901 | B |
|
| 390 Driftwood Ter | Single Family | 1,901 | B |
|
| 394 Driftwood Ter | Single Family | 1,901 | B |
|
| 396 Driftwood Ter | Single Family | 2,475 | B |
|
| 383 Driftwood Ter | Single Family | 1,901 | B |
|
| 388 Driftwood Ter | Single Family | 1,901 | B |
|
| 401 Buttonwood Pl | Single Family | 1,635 | B |
|
| 386 Driftwood Ter | Single Family | 2,475 | B |
|
| 398 Driftwood Ter | Single Family | 1,901 | B |
|
| 403 Buttonwood Pl | Single Family | 1,271 | B |
|
| 381 Driftwood Ter | Single Family | 2,475 | B |
|
| 384 Driftwood Ter | Single Family | 1,377 | B |
|
| 400 Buttonwood Pl | Single Family | 1,377 | B |
|
| 405 Buttonwood Pl | Single Family | 1,635 | B |
|
| 402 Buttonwood Pl | Single Family | 1,271 | B |
|
| 379 Driftwood Ter | Single Family | 1,901 | B |
|
| 382 Driftwood Ter | Single Family | 2,475 | B |
|
| 404 Buttonwood Pl | Single Family | 1,377 | B |
|
| 407 Buttonwood Pl | Single Family | 1,635 | B |
|
| 380 Driftwood Ter | Single Family | 1,377 | B |
|
| 401 Cottonwood Pl | Single Family | 1,583 | B |
|
| 406 Buttonwood Pl | Single Family | 1,635 | B |
|
| 420 Ashwood Pl | Single Family | 2,088 | B |
|
| 409 Buttonwood Pl | Single Family | 1,271 | B |
|
| 377 Driftwood Ter | Single Family | 1,901 | B |
|
| 403 Cottonwood Pl | Single Family | 1,265 | B |
|
| 424 Ashwood Pl | Single Family | 1,588 | B |
|
| 411 Buttonwood Pl | Single Family | 1,271 | B |
|
| 405 Cottonwood Pl | Single Family | 1,583 | B |
|
| 408 Buttonwood Pl | Single Family | 1,377 | B |
|
| 375 Driftwood Ter | Single Family | 1,901 | B |
|
| 378 Driftwood Ter | Single Family | 1,901 | B |
|
| 428 Ashwood Pl | Single Family | 1,645 | B |
|
| 351 Eastwood Ter | Single Family | 1,901 | B |
|
| 349 Eastwood Ter | Single Family | 1,901 | B |
|
| 413 Buttonwood Pl | Single Family | 1,271 | B |
|
| 347 Eastwood Ter | Single Family | 1,901 | B |
|
| 407 Cottonwood Pl | Single Family | 1,583 | B |
|
| 410 Buttonwood Pl | Single Family | 1,271 | B |
|
| 432 Ashwood Pl | Single Family | 1,588 | B |
|
| 415 Buttonwood Pl | Single Family | 1,377 | B |
|
| 409 Cottonwood Pl | Single Family | 1,265 | 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 23 of all properties in this area. This suggests it would appeal to someone earning around $48,444 per year who should qualify for a mortgage between $96,888 and $121,110.
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 23 of all properties in this area. This corresponds to a rent of $1,076 per month and a monthly household income of $3,474 ($41,688 per year)
Nearby Companies
419 Buttonwood Pl
419 Buttonwood Pl
403 Buttonwood Pl
411 Buttonwood Pl
421 Ashwood Pl
421 Ashwood Pl
408 Cottonwood Pl
391 Driftwood Ter
369 Driftwood Ter