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 
700 Ne 30th Pl Single Family 4,078 A
680 Ne 30th Pl Single Family 1,886 B
691 Ne 30th Pl Single Family 3,414 B
660 Ne 30th Pl Single Family 3,798 A
691 Ne 29th Pl Single Family 3,619 B
681 Ne 30th Pl Single Family 3,542 A
681 Ne 29th Pl Single Family 2,148 B
3049 Ne 7th Dr Single Family 2,549 B
3087 Ne 7th Dr Single Family 2,250 B
661 Ne 30th Pl Single Family 2,642 B
3011 Ne 7th Dr Single Family 4,425 A
3068 Ne 6th Dr Single Family 2,413 B
3125 Ne 7th Dr Single Family 2,782 B
661 Ne 29th Pl Single Family 3,320 A
700 Ne 29th Pl Single Family 2,098 B
3026 Ne 6th Dr Single Family 2,165 B
2973 Ne 7th Dr Single Family 2,330 B
641 Ne 30th Pl Single Family 1,919 B
641 Ne 29th Pl Single Family 2,870 B
3163 Ne 7th Dr Single Family 3,358 A
690 Ne 29th Pl Single Family 6,151 A
700 Ne 32nd St Single Family 3,428 A
3048 Ne 7th Dr Single Family 4,203 A
680 Ne 32nd St Single Family 5,241 A
3086 Ne 7th Dr Single Family 4,376 A
680 Ne 29th Pl Single Family 4,364 A
3152 Ne 6th Dr Single Family 3,102 B
720 Ne 32nd St Single Family 2,322 B
2935 Ne 7th Dr Single Family 5,519 A
3010 Ne 7th Dr Single Family 6,177 A
660 Ne 29th Pl Single Family 2,274 B
660 Ne 32nd St Single Family 2,201 B
3124 Ne 7th Dr Single Family 2,606 B
740 Ne 32nd St Single Family 2,459 B
2972 Ne 7th Dr Single Family 2,189 B
640 Ne 32nd St Single Family 2,280 B
3162 Ne 7th Dr Single Family 3,511 B
640 Ne 29th Pl Single Family 2,343 B
2900 Ne 7th Dr Single Family 2,540 B
3060 N Federal Hwy Store, one story 5,000 B
3150 N Federal Hwy Store, one story 4,371 B
2934 Ne 7th Dr Single Family 2,700 B
3198 Ne 7th Dr Single Family 2,685 B
2900 Ne 6th Dr Single Family 2,941 B
2900 N Federal Hwy Store, one story 30,444 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 95 of all properties in this area. This suggests it would appeal to someone earning around $443,321 per year who should qualify for a mortgage between $886,642 and $1,108,303.

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 95 of all properties in this area. This corresponds to a rent of $3,259 per month and a monthly household income of $9,186 ($110,232 per year)

Nearby Companies

Vistazo 3639 LLC
640 Ne 32nd St
Warehouse 1107 LLC
640 Ne 32nd St
Jam Re, LLC
680 Ne 32nd St
Jab Re Venture, LLC
680 Ne 32nd St
Boca Kitchens, Inc.
2900 N Federal Hwy
Auxol Capital, LLC
2973 Ne 7th Dr
Lakeside Marina, Inc.
2973 Ne 7th Dr
Markorp, L.L.C.
691 Ne 29th Pl
Blue Water Orlando, LLC
3010 Ne 7th Dr
Blue Tortoise Fl, LLC
3010 Ne 7th Dr
Disclaimers and Disclosures

Public Records Data

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