2840 Ne 5th 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 | |
|---|---|---|---|---|
| 2856 Ne 5th Ave | Multi-family - less than 10 units | 2,446 | B |
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| 2830 Ne 5th Ave | Multi-family - less than 10 units | 2,722 | B |
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| 2831 N Federal Hwy | Store, one story | 10,800 | B |
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| 499 Ne 28th Rd | Single Family | 1,502 | B |
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| 2860 Ne 5th Ave | Multi-family - less than 10 units | 2,584 | B |
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| 498 Ne 28th Ter | Single Family | 1,717 | B |
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| 2820 Ne 5th Ave | Multi-family - less than 10 units | 2,687 | B |
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| 485 Ne 28th Rd | Single Family | 1,486 | B |
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| 486 Ne 28th Ter | Single Family | 1,283 | B |
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| 2868 Ne 5th Ave | Multi-family - less than 10 units | 2,003 | B |
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| 2810 Ne 5th Ave | Multi-family - less than 10 units | 2,251 | B |
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| 2851 Ne 5th Ave | Single Family | 1,781 | B |
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| 498 Ne 28th Rd | Single Family | 1,983 | B |
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| 2899 N Federal Hwy | Hotel or motel | 17,612 | B |
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| 2801 N Federal Hwy | Store, one story | 4,184 | B |
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| 471 Ne 28th Rd | Single Family | 1,531 | B |
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| 470 Ne 28th Ter | Single Family | 1,949 | B |
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| 485 Ne 28th Ter | Single Family | 1,872 | B |
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| 2896 Ne 5th Ave | Multi-family - less than 10 units | 2,315 | B |
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| 474 Ne 28th Rd | Single Family | 2,146 | B |
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| 501 Ne 28th St | Multi-family - less than 10 units | 3,055 | B |
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| 498 Ne 29th St | Single Family | 1,890 | B |
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| 499 Ne 28th St | Single Family | 1,713 | B |
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| 471 Ne 28th Ter | Single Family | 1,546 | B |
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| 455 Ne 28th Rd | Single Family | 1,557 | B |
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| 456 Ne 28th Ter | Single Family | 1,392 | B |
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| 486 Ne 29th St | Single Family | 1,690 | B |
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| 485 Ne 28th St | Single Family | 1,379 | B |
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| 454 Ne 28th Rd | Single Family | 1,895 | B |
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| 455 Ne 28th Ter | Single Family | 1,929 | B |
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| 470 Ne 29th St | Single Family | 1,797 | B |
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| 479 Ne 28th St | Single Family | 1,498 | B |
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| 441 Ne 28th Rd | Single Family | 1,221 | B |
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| 440 Ne 28th Ter | Single Family | 1,424 | B |
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| 2880 N Federal Hwy | Store, one story | 10,686 | B |
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| 2800 N Federal Hwy | Store, one story | 8,297 | B |
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| 2900 Ne 5th Ave | Multi-family - less than 10 units | 2,617 | B |
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| 2790 N Federal Hwy | Office building, non-professional service building, multi-story | 11,825 | B |
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| 438 Ne 28th Rd | Single Family | 1,927 | B |
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| 2901 Ne 5th Ave | Single Family | 1,812 | B |
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| 456 Ne 29th St | Single Family | 1,563 | B |
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| 2901 N Federal Hwy Bldg 2-426 | Hotel or motel | 274 | L |
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| 2901 N Federal Hwy Bldg 2-427 | Hotel or motel | 274 | L |
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| 2901 N Federal Hwy Bldg 2-428 | Hotel or motel | 274 | L |
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| 2901 N Federal Hwy Bldg 2-429 | Hotel or motel | 274 | L |
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| 2901 N Federal Hwy Bldg 2-430 | Hotel or motel | 274 | L |
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| 2901 N Federal Hwy Bldg 1-209 | Hotel or motel | 350 | L |
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| 2901 N Federal Hwy Bldg 1-217 | Hotel or motel | 392 | L |
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| 2901 N Federal Hwy Bldg 1-417 | Hotel or motel | 392 | L |
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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.
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%.
Nearby Companies
455 Ne 28th Ter
455 Ne 28th Ter
2851 Ne 5th Ave
2899 N Federal Hwy
2899 N Federal Hwy
2880 N Federal Hwy
2882 N Federal Hwy
2882 N Federal Hwy
2899 North Federal Hwy
456 Ne 29th St
498 Ne 29th St
2901 North Federal Hwy
2901 Ne 5th Ave
2831 N Federal Hwy
2831 N Federal Hwy
2831 N Federal Hwy
2831 N Federal Hwy
2800 North Federal Hwy
2800 N Federal Hwy
2800 N Federal Hwy
2800 N Federal Hwy
485 Ne 28th Rd
485 Ne 28th Rd
485 Ne 28th Rd
485 Ne 28th Rd
2801 N Federal Hwy
2790 N Federal Hwy
2790 N Federal Hwy
2790 N Federal Hwy
2790 N Federal Hwy