493 Hardwood Pl, Boca Raton
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:
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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 | |
|---|---|---|---|---|
| 497 Hardwood Pl | Single Family | 1,122 | B |
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| 489 Hardwood Pl | Single Family | 1,424 | B |
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| 499 Hardwood Pl | Single Family | 1,122 | B |
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| 485 Hardwood Pl | Single Family | 1,122 | B |
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| 481 Hardwood Pl | Single Family | 1,122 | B |
|
| 479 Hardwood Pl | Single Family | 1,320 | B |
|
| 475 Hardwood Pl | Single Family | 1,424 | B |
|
| Hardwood Pl | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 492 Hardwood Pl | Single Family | 1,122 | B |
|
| 494 Hardwood Pl | Single Family | 1,130 | B |
|
| 496 Hardwood Pl | Single Family | 1,130 | B |
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| 490 Hardwood Pl | Single Family | 1,122 | B |
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| 498 Hardwood Pl | Single Family | 1,122 | B |
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| 476 Hardwood Pl | Single Family | 1,424 | B |
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| 474 Hardwood Pl | Single Family | 1,320 | B |
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| 472 Hardwood Pl | Single Family | 1,320 | B |
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| 470 Hardwood Pl | Single Family | 1,320 | B |
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| 488 Hardwood Pl | Single Family | 1,122 | B |
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| 468 Hardwood Pl | Single Family | 1,122 | B |
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| 466 Hardwood Pl | Single Family | 1,424 | B |
|
| 2950 Nw 5th Ave | Retirement Home not eligible for exemption. | 82,078 | B |
|
| 3056 Inglewood Ter | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 464 Hardwood Pl | Single Family | 1,320 | B |
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| 486 Hardwood Pl | Single Family | 1,122 | B |
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| 484 Hardwood Pl | Single Family | 1,320 | B |
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| 462 Hardwood Pl | Single Family | 1,320 | B |
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| 482 Hardwood Pl | Single Family | 1,320 | B |
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| 3083 Inglewood Ter | Single Family | 1,284 | B |
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| 480 Hardwood Pl | Single Family | 1,320 | B |
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| 460 Hardwood Pl | Single Family | 1,320 | B |
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| 3058 Inglewood Ter | Single Family | 1,284 | B |
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| 3085 Inglewood Ter | Single Family | 1,284 | B |
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| 478 Hardwood Pl | Single Family | 1,424 | B |
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| 3087 Inglewood Ter | Single Family | 1,284 | B |
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| 3060 Inglewood Ter | Single Family | 1,284 | B |
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| 3089 Inglewood Ter | Single Family | 1,428 | B |
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| 3091 Inglewood Ter | Single Family | 1,428 | B |
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| 3093 Inglewood Ter | Single Family | 1,428 | B |
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| 3062 Inglewood Ter | Single Family | 1,681 | B |
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| 3095 Inglewood Ter | Single Family | 1,284 | B |
|
| 3064 Inglewood Ter | Single Family | 1,397 | B |
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| Inglewood Ter | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 475 Ashwood Pl | Single Family | 1,317 | B |
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| 471 Ashwood Pl | Single Family | 2,220 | B |
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| 479 Ashwood Pl | Single Family | 1,861 | B |
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| 467 Ashwood Pl | Single Family | 1,809 | B |
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| 463 Ashwood Pl | Single Family | 1,807 | B |
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| 3000 Nw 5th Ave | Multi-family - 10 units or more | 7,325 | B |
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| 459 Ashwood Pl | Single Family | 1,861 | 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 13 of all properties in this area. This suggests it would appeal to someone earning around $32,775 per year who should qualify for a mortgage between $65,550 and $81,938.
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 13 of all properties in this area. This corresponds to a rent of $947 per month and a monthly household income of $2,932 ($35,184 per year)
Nearby Companies
3000 Nw 5th Ave
2950 Nw 5th Ave
2950 Nw 5th Ave
2950 Nw 5th Ave
2950 Nw 5th Ave
497 Hardwood Pl
493 Hardwood Pl