2270 Ne 2nd Ave, 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 | |
|---|---|---|---|---|
| 2240 Ne 2nd Ave | Single Family | 1,828 | B |
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| 2298 Ne 2nd Ave | Single Family | 1,840 | B |
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| 2267 Ne 3rd Ave | Single Family | 1,748 | B |
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| 2233 Ne 3rd Ave | Single Family | 1,969 | B |
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| 298 Ne 23rd St | Single Family | 2,075 | B |
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| 2200 Ne 2nd Ave | Single Family | 1,491 | B |
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| 2267 Ne 2nd Ave | Multi-family - less than 10 units | 2,842 | B |
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| 2297 Ne 2nd Ave | Multi-family - less than 10 units | 2,460 | B |
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| 2233 Ne 2nd Ave | Multi-family - less than 10 units | 2,842 | B |
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| 2201 Ne 3rd Ave | Single Family | 1,846 | B |
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| 2300 Ne 2nd Ave | Single Family | 1,742 | B |
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| 2180 Ne 2nd Ave | Single Family | 1,861 | B |
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| 2201 Ne 2nd Ave | Multi-family - less than 10 units | 1,978 | B |
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| 2301 Ne 3rd Ave | Single Family | 1,698 | B |
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| 2270 Ne 3rd Ave | Single Family | 1,460 | B |
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| 2240 Ne 3rd Ave | Single Family | 1,391 | B |
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| 2284 N Dixie Hwy | Office building, non-professional service building, multi-story | 2,058 | B |
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| 2199 Ne 3rd Ave | Single Family | 1,797 | B |
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| 197 Ne 23rd St | Multi-family - less than 10 units | 2,786 | B |
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| 2298 N Dixie Hwy | Restaurant, cafeteria | 1,560 | B |
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| 2200 Ne 3rd Ave | Single Family | 1,882 | B |
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| 300 Ne 23rd St | Single Family | 1,184 | B |
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| 2236 N Dixie Hwy | Store, one story | 5,351 | B |
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| 2160 Ne 2nd Ave | Single Family | 1,811 | B |
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| 2185 Ne 2nd Ave | Multi-family - less than 10 units | 2,546 | B |
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| 2398 Ne 2nd Ave | Single Family | 1,867 | B |
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| 2351 Ne 3rd Ave | Single Family | 1,187 | B |
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| 2300 N Dixie Hwy | Office building, non-professional service building, multi-story | 6,808 | B |
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| 2399 Ne 2nd Ave | Multi-family - less than 10 units | 2,676 | B |
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| 2212 N Dixie Hwy | Store, one story | 2,052 | B |
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| 2198 Ne 3rd Ave | Single Family | 1,843 | B |
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| 301 Ne 23rd St | Single Family | 1,668 | B |
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| 2267 Ne 3rd Way | Single Family | 1,880 | B |
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| 2233 Ne 3rd Way | Single Family | 1,494 | B |
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| 320 Ne 23rd St | Single Family | 1,173 | B |
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| 201 Ne 2nd Cir | Single Family | 1,267 | B |
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| 2175 Ne 3rd Ave | Single Family | 1,904 | B |
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| 2179 Ne 2nd Ave | Multi-family - less than 10 units | 1,847 | B |
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| 2400 Ne 2nd Ave | Single Family | 2,244 | B |
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| 2367 Ne 3rd Ave | Single Family | 2,203 | B |
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| 2200 N Dixie Hwy | Professional service building | 2,512 | B |
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| 2401 Ne 2nd Ave | Multi-family - less than 10 units | 2,380 | B |
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| 2176 Ne 3rd Ave | Single Family | 2,080 | B |
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| 340 Ne 23rd St | Single Family | 2,053 | B |
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| 225 Ne 2nd Cir | Single Family | 1,582 | B |
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| N Dixie Hwy | Office building, non-professional service building, multi-story | 0 | L | |
| 311 Ne 23rd St | Single Family | 1,516 | B |
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| 104 Ne 2nd Cir | Single Family | 2,605 | B |
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| 300 Ne 24th St | Single Family | 2,326 | 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 16 of all properties in this area. This suggests it would appeal to someone earning around $37,203 per year who should qualify for a mortgage between $74,406 and $93,008.
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 16 of all properties in this area. This corresponds to a rent of $997 per month and a monthly household income of $3,145 ($37,740 per year)
Nearby Companies
2260 N Dixie Hwy
2212 N Dixie Hwy
2244 N Dixie Hwy
2260 North Dixie Hwy
2284 North Dixie Hwy
2250 N Dixie Hwy
2300 N Dixie Hwy
2200 N Dixie Hwy
2298 N Dixie Hwy
2300 N Dixie Hwy
2300 N Dixie Hwy
2300 N Dixie Hwy
2300 N Dixie Hwy
2300 Ne 2nd Ave
2180 Ne 2nd Ave
2400 Ne 2nd Ave
2400 Ne 2nd Ave
2201 Ne 3rd Ave
2199 Ne 3rd Ave
4281 N W 3rd Ave
298 Ne 23 Street