7700 Ne 8th Way, Boca Raton
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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 7701 Ne 8th Ct | Single Family | 2,516 | B |
 |
| 7699 Ne 8th Ct | Single Family | 2,561 | B |
|
| 7650 Ne 8th Way | Single Family | 3,526 | A |
|
| 7750 Ne 8th Way | Single Family | 4,808 | A |
|
| 7725 Ne 8th Ct | Single Family | 2,907 | B |
|
| 7669 Ne 8th Ct | Single Family | 2,571 | B |
|
| 820 Ne 77th St | Single Family | 4,234 | A |
|
| 7751 Ne 8th Way | Single Family | 4,439 | A |
|
| 7635 Ne 8th Ct | Single Family | 2,344 | B |
|
| 7749 Ne 8th Ct | Single Family | 4,103 | A |
|
| 821 Ne 77th St | Single Family | 3,744 | A |
|
| 7600 Ne 8th Way | Single Family | 3,685 | A |
|
| 7800 Ne 8th Way | Single Family | 5,908 | A |
|
| 7698 Ne 8th Ct | Single Family | 2,542 | B |
|
| 7601 Ne 8th Ct | Single Family | 3,341 | A |
|
| 7700 Ne 8th Ct | Single Family | 3,395 | B |
|
| 7634 Ne 8th Ct | Single Family | 2,669 | A |
|
| 7773 Ne 8th Ct | Single Family | 3,186 | A |
|
| 7801 Ne 8th Way | Single Family | 4,016 | A |
|
| 821 Ne 76th St | Single Family | 3,714 | A |
|
| 810 Ne 77th St | Single Family | 5,222 | A |
|
| 7750 Ne 8th Ct | Single Family | 3,691 | A |
|
| 642 Eddy St | Single Family | 4,968 | A |
|
| 844 Ne 78th St | Single Family | 4,230 | A |
|
| 849 Ne 76th St | Single Family | 3,747 | A |
|
| 854 Nafa Dr | Single Family | 3,015 | B |
|
| 811 Ne 77th St | Single Family | 4,074 | A |
|
| 7850 Ne 8th Way | Single Family | 4,970 | A |
|
| 846 Ne 78th St | Single Family | 2,579 | B |
|
| 855 Nafa Dr | Single Family | 4,163 | A |
|
| 7851 Ne 8th Way | Single Family | 4,306 | A |
|
| 836 Ne 76th St | Single Family | 3,658 | A |
|
| 830 Ne 76th St | Single Family | 5,497 | A |
|
| 811 Ne 76th St | Single Family | 6,060 | A |
|
| 842 Ne 76th St | Single Family | 4,406 | A |
|
| 7798 Ne 8th Ct | Single Family | 4,408 | A |
|
| 641 Eddy St | Single Family | 4,493 | A |
|
| 855 Ne 76th St | Single Family | 2,933 | B |
|
| 640 Eddy St | Single Family | 3,713 | A |
|
| 860 Nafa Dr | Single Family | 2,953 | 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 80 of all properties in this area. This suggests it would appeal to someone earning around $222,882 per year who should qualify for a mortgage between $445,764 and $557,205.
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 80 of all properties in this area. This corresponds to a rent of $2,015 per month and a monthly household income of $6,157 ($73,884 per year)
Nearby Companies
7800 Ne 8th Way
7800 Ne 8th Way
855 Ne Orchid Bay Dr
854 Nafa Dr
855 Nafa Dr
801 Ne Morningside Dr
810 Ne Morningside Dr
810 Ne Morningside Dr
7800 Ne Palm Way
7800 Ne Palm Way
7800 Ne Palm Way
7800 Ne Palm Way
8303 Nw 8th Way
8303 Nw 8th Way
8302 Nw 8th Way
7751 Ne Palm Way
830 Ne Orchid Bay Dr
830 Ne Orchid Bay Dr
830 Ne Orchid Bay Dr
7750 Ne Spanish Trail Ct
7750 Ne Spanish Trail Ct