737 Hibiscus St, 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 | |
|---|---|---|---|---|
| 298 Nw 7th Ct | Single Family | 2,491 | B |
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| 737 Nw 4th St | Single Family | 4,229 | A |
|
| 734 Nw 4th St | Single Family | 4,268 | A |
|
| 741 Hibiscus St | Single Family | 3,112 | B |
|
| 740 Azalea St | Single Family | 5,638 | A |
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| 264 Nw 7th Ct | Single Family | 3,759 | A |
|
| 724 Nw 4th St | Single Family | 1,735 | B |
|
| Azalea St | Vacant Residential | 0 | L | |
| 740 Hibiscus St | Single Family | 6,405 | A |
|
| 741 Azalea St | Single Family | 5,148 | B |
|
| 755 Hibiscus St | Single Family | 3,572 | B |
|
| 244 Nw 7th Ct | Single Family | 2,097 | B |
|
| 718 Nw 4th St | Single Family | 1,804 | B |
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| 727 Nw 4th St | Single Family | 3,252 | B |
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| 754 Azalea St | Single Family | 1,678 | B |
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| 745 Oleander St | Single Family | 7,511 | A |
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| 399 Nw 7th Ave | Single Family | 2,511 | B |
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| 736 Aurelia St | Single Family | 3,250 | A |
|
| 200 Nw 7th Ct | Single Family | 2,435 | B |
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| 738 Aurelia St | Single Family | 4,175 | A |
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| 717 Nw 4th St | Single Family | 4,691 | A |
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| 774 Azalea St | Single Family | 5,678 | A |
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| 734 Aurelia St | Single Family | 3,269 | A |
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| 755 Azalea St | Single Family | 2,944 | A |
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| 774 Hibiscus St | Single Family | 2,267 | A |
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| 740 Aurelia St | Single Family | 4,041 | A |
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| 732 Aurelia St | Single Family | 3,543 | A |
|
| 709 Nw 4th St | Single Family | 2,969 | B |
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| 724 Aurelia St | Single Family | 2,009 | B |
|
| 180 Nw 7th Ct | Single Family | 1,880 | B |
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| 777 Oleander St | Single Family | 6,070 | A |
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| 765 Azalea St | Single Family | 3,757 | A |
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| 754 Aurelia St | Single Family | 3,452 | A |
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| 716 Aurelia St | Single Family | 4,385 | A |
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| 300 Paloma Ave | Single Family | 4,601 | A |
|
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 97 of all properties in this area. This suggests it would appeal to someone earning around $535,743 per year who should qualify for a mortgage between $1,071,486 and $1,339,358.
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 97 of all properties in this area. This corresponds to a rent of $3,368 per month and a monthly household income of $9,701 ($116,412 per year)
Nearby Companies
774 Azalea St
755 Azalea St
755 Hibiscus St
740 Aurelia St
740 Hibiscus St
740 Hibiscus St
740 Hibiscus St
740 Hibiscus St
740 Hibiscus St
740 Hibiscus St
740 Hibiscus St
741 Hibiscus St
740 Azalea St
755 Aurelia St
741 Azalea St
741 Azalea St
741 Azalea St
741 Azalea St
264 Nw 7th Ct
264 Nw 7th Ct
264 Nw 7th Ct
264 Nw 7th Ct
724 Aurelia St
716 Aurelia St
717 Nw 4th St
740 Oleander St