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 
1650 Nw 15th Vis Single Family 1,172 B
264 Nw 15th St Private school or college 3,685 B
1600 Nw 15th Vis Single Family 2,173 B
273 Nw 15th St Private school or college 3,502 B
258 Nw 15th St Private school or college 1,878 B
285 Nw 15th St Multi-family - less than 10 units 7,380 B
1675 Nw 15th Vis Single Family 1,587 B
1671 Nw 15th Vis Single Family 1,587 B
1679 Nw 15th Vis Single Family 1,587 B
1683 Nw 15th Vis Private school or college 2,940 B
271 Nw 15th St Single Family 1,522 B
269 Nw 15th St Single Family 1,391 B
1700 Nw 4th Ave Single Family 1,375 B
1500 Nw 4th Ave Multi-family - 10 units or more 23,484 B
1710 Nw 4th Ave Single Family 1,375 B
1311 Nw 2nd Cir Single Family 3,301 B
1720 Nw 4th Ave Single Family 1,375 B
1750 Nw 15th Vis Multi-family - less than 10 units 4,370 B
1730 Nw 4th Ave Single Family 1,375 B
1740 Nw 4th Ave Single Family 1,375 B
1721 Nw 15th Vis Multi-family - 10 units or more 9,554 B
239 Nw 15th St Single Family 1,386 B
231 Nw 15th St Single Family 1,380 B
229 Nw 15th St Single Family 1,554 B
267 Nw 15th St Single Family 1,386 B
241 Nw 15th St Single Family 1,420 B
263 Nw 15th St Single Family 1,425 B
235 Nw 15th St Single Family 1,380 B
1540 Nw 15th Vis Private school or college 2,380 B
1314 Nw 2nd Cir Single Family 1,775 B
259 Nw 15th St Single Family 1,511 B
1310 Nw 2nd Cir Single Family 3,279 B
1780 Nw 15th Vis Single Family 1,643 B
1309 Nw 2nd Cir Single Family 2,608 B
245 Nw 15th St Single Family 1,386 B
249 Nw 15th St Single Family 1,478 B
255 Nw 15th St Single Family 1,386 B
1445 Nw 2nd Ave Professional service building 15,338 A
1318 Nw 2nd Cir Single Family 2,039 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 7 of all properties in this area. This suggests it would appeal to someone earning around $22,669 per year who should qualify for a mortgage between $45,338 and $56,673.

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 7 of all properties in this area. This corresponds to a rent of $829 per month and a monthly household income of $2,478 ($29,736 per year)

Nearby Companies

Footprints Academy, Inc.
273 Nw 15th St
Sunville Academy Inc
273 Nw 15th St
Jr Group Investment LLC
263 Nw 15th St
The Anata Group, LLC
249 Nw 15th St
Vicky'S Entertainment Inc
1721 Nw 15th Vis
Immediate Pest Service, Inc.
1326 Nw 2 Circle
Luca Pani Md Inc
1311 Nw 2nd Cir
The Learning Center, LLC
258 Nw 15th St
Jackie Elkhay LLC
271 Nw 15th St
Scaps Family LLC
1700 Nw 4th Ave
Heady Harem LLC
1710 Nw 4th Ave
Lindyloos, Inc.
1683 Nw 15th Vis
Disclaimers and Disclosures

Public Records Data

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