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 
3845 Nw 4th Ct Single Family 1,861 B
3801 Nw 4th Ct Single Family 1,841 B
3774 Nw 5th Ave Single Family 1,951 B
3742 Nw 5th Ave Single Family 1,694 B
3867 Nw 4th Ct Single Family 2,196 B
3822 Nw 4th Ct Single Family 2,354 B
3844 Nw 4th Ct Single Family 1,875 B
Nw 5th Ave Vacant Residential 0 L
3799 Nw 4th Ct Single Family 1,776 B
3712 Nw 5th Ave Single Family 2,780 B
3866 Nw 4th Ct Single Family 1,411 B
3804 Nw 5th Ave Single Family 1,943 B
3800 Nw 4th Ct Single Family 2,010 B
3889 Nw 4th Ct Single Family 2,632 B
3888 Nw 4th Ct Single Family 2,033 B
3680 Nw 5th Ave Single Family 1,770 B
3779 Nw 4th Ct Single Family 1,928 B
3836 Nw 5th Ave Single Family 1,639 B
3911 Nw 4th Ct Single Family 1,834 B
3815 Nw 4th Ave Single Family 3,216 B
3839 Nw 4th Ave Single Family 2,452 B
430 Nw 38th St Single Family 1,890 B
3910 Nw 4th Ct Single Family 2,407 B
3650 Nw 5th Ave Single Family 2,928 B
3931 Nw 4th Ct Single Family 2,561 B
3930 Nw 4th Ct Single Family 1,907 B
426 Nw 38th St Single Family 2,234 B
3757 Nw 5th Ave Single Family 3,034 B
3868 Nw 5th Ave Single Family 3,731 B
3789 Nw 5th Ave Single Family 3,370 B
3725 Nw 5th Ave Single Family 2,237 B
3758 Nw 4th Ct Single Family 2,060 B
3693 Nw 5th Ave Single Family 2,371 B
3801 Nw 5th Ave Single Family 2,566 B
3950 Nw 4th Ct Single Family 2,142 B
3943 Nw 4th Ave Single Family 3,365 B
3721 Nw 4th Ct Single Family 2,580 B
3951 Nw 4th Ct Single Family 2,825 B
3665 Nw 5th Ave Single Family 2,796 B
3737 Nw 4th Ave Single Family 1,659 B
3900 Nw 5th Ave Single Family 1,948 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 21 of all properties in this area. This suggests it would appeal to someone earning around $45,339 per year who should qualify for a mortgage between $90,678 and $113,348.

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 21 of all properties in this area. This corresponds to a rent of $1,044 per month and a monthly household income of $3,374 ($40,488 per year)

Nearby Companies

45th Street Holdings, LLC
3693 Nw 5th Ave
2nd Terrace Holdings, LLC
3693 Nw 5th Ave
Akers Consulting, Inc.
3725 Nw 5th Ave
Cabicraft, LLC
3823 Nw 4th Ct
Rrasj Florida, LLC
3757 Nw 5th Ave
Liberty Datatel Inc
3930 Nw 4th Ct
Lynch Insurance LLC
3951 Nw 4th Ct
Disclaimers and Disclosures

Public Records Data

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