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 
409 Manchester St Single Family 1,466 B
463 Manchester St Single Family 1,190 B
381 Manchester St Single Family 1,162 B
489 Manchester St Single Family 850 B
434 Lancaster St Single Family 1,190 B
462 Lancaster St Single Family 937 B
408 Lancaster St Single Family 1,215 B
355 Manchester St Single Family 1,051 B
517 Manchester St Single Family 1,099 B
488 Lancaster St Single Family 1,260 B
380 Lancaster St Single Family 844 B
434 Manchester St Single Family 1,031 B
408 Manchester St Single Family 1,212 B
462 Manchester St Single Family 1,031 B
516 Lancaster St Single Family 1,202 B
354 Lancaster St Single Family 844 B
380 Manchester St Single Family 1,031 B
301 Manchester St Single Family 1,395 B
354 Manchester St Single Family 1,103 B
326 Lancaster St Single Family 1,077 B
5601 N Federal Hwy Store, one story 10,000 B
5503 N Federal Hwy Professional service building 10,444 A
326 Manchester St Single Family 850 B
300 Lancaster St Single Family 1,669 B
300 Manchester St Single Family 1,140 B
435 Lancaster St Single Family 1,247 B
435 Newcastle St Single Family 1,046 B
463 Lancaster St Single Family 940 B
409 Lancaster St Single Family 1,088 B
409 Newcastle St Single Family 779 B
463 Newcastle St Single Family 1,107 B
489 Lancaster St Single Family 1,026 B
381 Lancaster St Single Family 990 B
381 Newcastle St Single Family 1,031 B
489 Newcastle St Vacant Commercial 0 L
298 Manchester St Single Family 1,089 B
517 Lancaster St Single Family 1,092 B
355 Lancaster St Single Family 851 B
355 Newcastle St Single Family 1,127 B
517 Newcastle St Vacant Commercial 0 L
327 Lancaster St Single Family 1,032 B
327 Newcastle St Single Family 1,203 B
299 Manchester St Single Family 1,337 B
301 Lancaster St Single Family 1,140 B
5501 N Federal Hwy Store, one story 5,000 B
301 Newcastle St Single Family 1,140 B
250 Manchester St Single Family 1,046 B
5601 Nottingham Rd Single Family 1,031 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

Beteyah LLC
489 Lancaster St
Pause & Lash Studio LLC
5721 N Federal Hwy
Boca Property Investments, Inc.
5701 N Federal Hwy
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
Stephen J. Bodzo Realty, Inc.
5601 N Federal Hwy
Demutiis Chiropractic, LLC
5601 N Federal Hwy
Sweetboca, LLC
5601 N Federal Hwy
Lori Jill Designs LLC
5501 N Federal Hwy
Boca Health & Beauty, Inc.
5501 N Federal Hwy
Classic Hardwood Floors, LLC
5601 North Federal Hwy
Cute Looks Medispa, LLC
5601 North Federal Hwy
Stephen J. Rodney, P.A.
5601 North Federal Hwy
Silver Moon River Inc
5601 N Federal Hwy
Mrp LLC
327 Newcastle St
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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