4850 Ne 4th Ave, 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 | |
|---|---|---|---|---|
| 400 Ne 49th St | Single Family | 2,050 | B |
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| 4800 Ne 4th Ave | Single Family | 1,604 | B |
|
| 4851 Ne 5th Ave | Single Family | 1,382 | B |
|
| 4801 Ne 5th Ave | Single Family | 1,541 | B |
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| 4899 Ne 5th Ave | Single Family | 2,097 | B |
|
| 450 Ne 48th St | Single Family | 1,674 | B |
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| 4799 Ne 5th Ave | Single Family | 1,656 | B |
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| 400 Ne 48th St | Single Family | 1,663 | B |
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| 4755 Ne 5th Ave | Single Family | 1,425 | B |
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| 300 Yamato Rd | Church | 72,411 | B |
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| 455 Ne 47th St | Single Family | 1,579 | B |
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| 518 Ne 48th St | Condominium | 1,350 | B |
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| 4700 Ne 4th Ave | Single Family | 1,513 | B |
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| 500 Ne 48th St | Multi-family - less than 10 units | 2,654 | B |
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| 4725 Ne 5th Ave | Single Family | 1,865 | B |
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| 520 Ne 48th St | Condominium | 1,500 | B |
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| 4750 Ne 5th Ave | Single Family | 1,460 | B |
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| 450 Yamato Rd | Church | 15,678 | B |
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| 4740 Ne 5th Ave | Single Family | 1,460 | B |
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| 300 E Yamato Rd | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
| 541 Ne 48th St | Multi-family - 10 units or more | 33,814 | B |
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| 4730 Ne 5th Ave | Single Family | 1,460 | B |
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| 4798 N Dixie Hwy | Retirement Home not eligible for exemption. | 19,970 | B |
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| 4720 Ne 5th Ave | Single Family | 1,460 | B |
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| 4710 Ne 5th Ave | Single Family | 1,460 | B |
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| 538 Ne 48th St | Condominium | 1,347 | 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 16 of all properties in this area. This suggests it would appeal to someone earning around $37,203 per year who should qualify for a mortgage between $74,406 and $93,008.
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 16 of all properties in this area. This corresponds to a rent of $997 per month and a monthly household income of $3,145 ($37,740 per year)
Nearby Companies
300 E Yamato Rd
4851 North Dixie Hwy
4811 North Dixie Hwy
4831 N Dixie Hwy
4831 N Dixie Hwy
4831 N Dixie Hwy
4941 N Dixie Hwy
4941 North Dixie Hwy
300 Yamato Rd
1610 Nw 48 Place
1476 Nw 48th Dr
1476 Nw 48th Dr
1558 Nw 48th Pl
1558 Nw 48th Pl
1449 Nw 48th Dr
6212 N State Road 7
6212 N State Road 7
6212 N State Road 7
1404 Nw 48th St
455 Ne 47th St
4755 Ne 5th Ave
4755 Ne 5th Ave
1523 Nw 48th Ln
1472 Nw 48th Ln
1496 Nw 48 Lane
1496 Nw 48 Lane
1476 Nw 48th Ln
1420 Nw 48th Ln
1420 Nw 48th Ln
1420 Nw 48th Ln
1458 Nw 48th Ln