420 Nw 20th Ln, 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 | |
|---|---|---|---|---|
| 434 Nw 20th Ln | Single Family | 1,994 | B |
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| 410 Nw 20th Ln | Single Family | 1,994 | B |
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| 444 Nw 20th Ln | Single Family | 2,084 | B |
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| 448 Nw 20th Ln | Single Family | 1,994 | B |
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| 2019 Nw 4th Ter | Single Family | 2,126 | B |
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| 353 Nw 20th St | Multi-family - less than 10 units | 6,600 | B |
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| 2025 Nw 4th Ter | Single Family | 2,084 | B |
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| 2021 Nw 4th Ct | Single Family | 1,994 | B |
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| 2033 Nw 4th Ter | Single Family | 1,994 | B |
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| 2027 Nw 4th Ct | Single Family | 2,084 | B |
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| 2039 Nw 4th Ter | Single Family | 1,994 | B |
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| 2033 Nw 4th Ct | Single Family | 1,840 | B |
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| 2041 Nw 4th Ter | Single Family | 2,084 | B |
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| 2039 Nw 4th Ct | Single Family | 2,084 | B |
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| 2047 Nw 4th Ter | Single Family | 1,994 | B |
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| 2045 Nw 4th Ct | Single Family | 1,994 | B |
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| 2050 Nw 4th Ct | Single Family | 1,994 | B |
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| 354 Nw 21st St | Single Family | 2,053 | B |
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| 2060 Nw 4th Ct | Single Family | 2,084 | B |
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| 2055 Nw 4th Ter | Single Family | 1,994 | B |
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| 315 Nw 20th St | Multi-family - 10 units or more | 10,242 | B |
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| 2055 Nw 4th Ct | Single Family | 1,994 | B |
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| 1980 Nw 4th Ave | Condominium | 1,000 | B |
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| 2068 Nw 4th Ct | Single Family | 1,994 | B |
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| 2063 Nw 4th Ter | Single Family | 2,052 | B |
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| 2063 Nw 4th Ct | Single Family | 2,084 | B |
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| 2080 Nw 4th Ct | Single Family | 1,994 | B |
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| 2071 Nw 4th Ter | Single Family | 1,994 | B |
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| 348 Nw 21st St | Single Family | 1,825 | B |
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| 2101 Nw 3rd Ct | Single Family | 1,736 | B |
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| 2079 Nw 4th Ct | Single Family | 1,994 | B |
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| 2088 Nw 4th Ct | Single Family | 2,084 | B |
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| 2079 Nw 4th Ter | Single Family | 2,084 | B |
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| 2085 Nw 4th Ct | Single Family | 1,994 | B |
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| 398 Nw 22nd St | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 2096 Nw 4th Ct | Single Family | 1,994 | B |
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| 2085 Nw 4th Ter | Single Family | 1,994 | B |
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| 2091 Nw 4th Ct | Single Family | 2,084 | B |
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| 2100 Nw 5th Ave | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 2097 Nw 4th Ct | Single Family | 1,994 | B |
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| 336 Nw 21st St | Single Family | 2,053 | B |
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| 450 Nw 20th St | Condominium | 936 | B |
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| 2145 Nw 3rd Ct | Single Family | 2,487 | B |
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| 330 Nw 20th St | Multi-family - 10 units or more | 13,316 | B |
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| 366 Nw 21st Ln | Single Family | 1,994 | B |
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| 372 Nw 21st Ln | Single Family | 2,084 | B |
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| 460 Nw 20th St | Condominium | 715 | B |
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| 376 Nw 21st Ln | Single Family | 1,994 | B |
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| 1979 Nw 4th Ave | Multi-family - 10 units or more | 35,428 | B |
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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 10 of all properties in this area. This suggests it would appeal to someone earning around $27,707 per year who should qualify for a mortgage between $55,414 and $69,268.
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 10 of all properties in this area. This corresponds to a rent of $896 per month and a monthly household income of $2,759 ($33,108 per year)
Nearby Companies
1980 Nw 4th Ave
1989 Nw 4th Ave
470 Nw 20th St
470 Nw 20th St
450 Nw 20th St
353 Nw 20th St
480 Nw 20th St
480 Nw 20th St
1431 Ne 118th St
480 Nw 20th Street B-314