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:

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 
339 Sequoia Ln Single Family 2,387 B
359 Sequoia Ln Single Family 2,353 B
350 Redwood Ln Single Family 2,073 B
340 Redwood Ln Single Family 2,093 B
360 Redwood Ln Single Family 2,073 B
329 Sequoia Ln Single Family 2,400 B
375 Sequoia Ln Single Family 2,362 B
354 Sequoia Ln Single Family 2,368 B
330 Redwood Ln Single Family 2,218 B
344 Sequoia Ln Single Family 2,407 B
364 Sequoia Ln Single Family 2,430 B
378 Redwood Ln Single Family 2,111 B
334 Sequoia Ln Single Family 2,015 B
319 Sequoia Ln Single Family 2,030 B
320 Redwood Ln Single Family 2,105 B
378 Sequoia Ln Single Family 1,967 B
324 Sequoia Ln Single Family 2,111 B
355 Redwood Ln Single Family 2,499 B
396 Redwood Ln Single Family 2,099 B
345 Sandalwood Ln Single Family 2,020 B
355 Sandalwood Ln Single Family 2,368 B
345 Redwood Ln Single Family 2,438 B
365 Redwood Ln Single Family 2,415 B
335 Sandalwood Ln Single Family 2,380 B
369 Sandalwood Ln Single Family 2,015 B
335 Redwood Ln Single Family 2,426 B
396 Sequoia Ln Single Family 2,466 B
397 Sequoia Ln Single Family 2,030 B
383 Redwood Ln Single Family 3,789 B
7999 Fairway Trl Single Family 2,682 A
314 Sequoia Ln Single Family 2,419 B
309 Sequoia Ln Single Family 2,426 B
325 Sandalwood Ln Single Family 2,021 B
381 Sandalwood Ln Single Family 2,557 B
325 Redwood Ln Single Family 2,388 B
400 Redwood Ln Single Family 2,516 B
356 Cottonwood Ln Single Family 2,438 B
346 Cottonwood Ln Single Family 2,436 B
400 Sequoia Ln Single Family 2,368 B
315 Sandalwood Ln Single Family 2,368 B
397 Sandalwood Ln Single Family 1,881 B
366 Cottonwood Ln Single Family 2,405 B
411 Sequoia Ln Single Family 2,368 B
336 Cottonwood Ln Single Family 2,297 B
8001 Fairway Trl Single Family 2,580 B
396 Cottonwood Ln Single Family 3,288 A
304 Sequoia Ln Single Family 2,480 B
414 Redwood Ln Single Family 2,085 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 49 of all properties in this area. This suggests it would appeal to someone earning around $93,551 per year who should qualify for a mortgage between $187,102 and $233,878.

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 49 of all properties in this area. This corresponds to a rent of $1,415 per month and a monthly household income of $4,460 ($53,520 per year)

Nearby Companies

Excelsior Surgical LLC
320 Redwood Ln
Sunset Property Group L.L.C.
354 Sandalwood Ln
Proserv Partners Inc
414 Sequoia Ln
Siegel Real Estate, LLC
400 Redwood Ln
Susan Ryan, P.A.
340 Redwood Ln
Certified Development LLC
360 Redwood Ln
Karla Taylor, LLC
330 Redwood Ln
Mt&Kt, LLC
330 Redwood Ln
William Shlifer Lcsw LLC
438 Sandalwood Ln
Disclaimers and Disclosures

Public Records Data

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