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 
327 Newcastle St Single Family 1,203 B
355 Newcastle St Single Family 1,127 B
5501 Nottingham Rd Single Family 1,031 B
300 Manchester St Single Family 1,140 B
381 Newcastle St Single Family 1,031 B
326 Manchester St Single Family 850 B
354 Manchester St Single Family 1,103 B
251 Newcastle St Single Family 1,031 B
409 Newcastle St Single Family 779 B
5525 Nottingham Rd Single Family 2,114 B
380 Manchester St Single Family 1,031 B
201 Newcastle St Single Family 1,150 B
5551 Nottingham Rd Single Family 2,005 B
408 Manchester St Single Family 1,212 B
435 Newcastle St Single Family 1,046 B
5575 Nottingham Rd Single Family 1,031 B
434 Manchester St Single Family 1,031 B
151 Newcastle St Single Family 1,166 B
301 Manchester St Single Family 1,395 B
463 Newcastle St Single Family 1,107 B
462 Manchester St Single Family 1,031 B
5601 Nottingham Rd Single Family 1,031 B
355 Manchester St Single Family 1,051 B
489 Newcastle St Vacant Commercial 0 L
5540 N Dixie Hwy Single Family 1,587 B
101 Newcastle St Single Family 1,577 B
381 Manchester St Single Family 1,162 B
298 Manchester St Single Family 1,089 B
409 Manchester St Single Family 1,466 B
5560 N Dixie Hwy Single Family 1,535 B
517 Newcastle St Vacant Commercial 0 L
250 Manchester St Single Family 1,046 B
435 Manchester St Single Family 1,206 B
5580 N Dixie Hwy Single Family 2,038 B
326 Newcastle St Municipal Owned 4,584 B
200 Manchester St Single Family 1,244 B
463 Manchester St Single Family 1,190 B
5503 N Federal Hwy Professional service building 10,444 A
300 Lancaster St Single Family 1,669 B
150 Manchester St Single Family 1,362 B
5400 N Dixie Hwy Store, one story 14,800 B
326 Lancaster St Single Family 1,077 B
489 Manchester St Single Family 850 B
354 Lancaster St Single Family 844 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 3 of all properties in this area. This suggests it would appeal to someone earning around $12,090 per year who should qualify for a mortgage between $24,180 and $30,225.

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 3 of all properties in this area. This corresponds to a rent of $685 per month and a monthly household income of $2,135 ($25,620 per year)

Nearby Companies

Modena New Castle, LLC
5503 N Federal Hwy
Modena Quad A, LLC
5503 N Federal Hwy
Arthur G. Handal, M.D., P.A.
5503 N Federal Hwy
Pandora Bonafon LLC
5400 N Dixie Hwy
Sd Bangladesh Corporation
5400 N Dixie Hwy
Gf Bangladesh Corporation
5400 N Dixie Hwy
Excell Auto Sport And Service, Inc.
5471 N Dixie Hwy Suite 5
Mrp LLC
327 Newcastle St
Maxbooth, Inc.
5540 N Dixie Hwy
Santa Barbara Holding Co LLC
5540 North Dixie Hwy
Your Florida Captain LLC
5540 North Dixie Hwy
Big Scoops Glass Gallery, LLC
5575 Nottingham Rd
Project Elevate LLC
5575 Nottingham Rd
Brahma Bully Association LLC
355 Manchester St
Dragonfly Cleaning Agency, Inc
250 Manchester St
Disclaimers and Disclosures

Public Records Data

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