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 
1105 Bel Air Dr Condominium 1,013 B
1110 Bel Air Dr Condominium 2,600 B
1109 Bel Air Dr # 4 Condominium 1,952 B
1109 Bel Air Dr Condominium 2,066 B
1106 Bel Air Dr Single Family 2,074 B
Bel Air Dr Undefined - Reserved for Use by Department of Revenue 0 L
1114 Bel Air Dr Multi-family - less than 10 units 5,993 B
1023 Bel Air Dr Single Family 2,277 B
1023 Bel Air Dr # A Vacant Residential 0 L
1118 Bel Air Dr Multi-family - less than 10 units 5,194 B
1121 Bel Air Dr Multi-family - less than 10 units 4,034 B
4426 Tranquility Dr Vacant Residential 0 L
4430 Tranquility Dr Single Family 5,727 A
4420 Tranquility Dr Single Family 4,797 A
1107 Russell Dr Single Family 2,755 A
4416 Tranquility Dr Single Family 3,872 B
4400 Tranquility Dr Single Family 3,256 B
1111 Russell Dr Single Family 2,953 A
1105 Russell Dr Single Family 2,222 B
Homeowners Assn Inc Outdoor recreational or high-water recharge subject 0 L
1109 Russell Dr Single Family 3,024 A
1123 Bel Air Dr Single Family 4,572 A
1103 Russell Dr Single Family 1,902 B
4418 S Ocean Blvd Single Family 3,461 A
1101 Russell Dr Single Family 1,982 B
1125 Belair Dr Vacant Residential 0 L
4420 S Ocean Blvd Single Family 3,357 A
4500 S Ocean Blvd Single Family 3,655 A
1028 Bel Air Dr Condominium 992 B
4502 S Ocean Blvd Single Family 3,936 A
1125 Bel Air Dr Single Family 6,282 A
1113 Russell Dr Single Family 3,357 A
1022 Bel Air Dr Condominium 3,228 B
1020 Bel Air Dr Condominium 3,228 B
1024 Bel Air Dr Condominium 992 B
1115 Russell Dr Single Family 3,456 A
4504 S Ocean Blvd Single Family 3,375 A
4506 S Ocean Blvd Single Family 3,357 A
1018 Bel Air Dr Condominium 3,228 B
1016 Bel Air Dr Condominium 2,550 B
1015 Bel Air Dr Condominium 2,655 B
1014 Bel Air Dr Condominium 2,550 B
1019 Bel Air Dr Condominium 1,448 B
4425 Tranquility Dr Single Family 3,218 B
1119 Russell Dr Single Family 3,642 A
4410 Tranquility Dr Single Family 2,531 B
4325 Tranquility Dr Single Family 4,745 A
1117 Russell Dr Single Family 3,665 A

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 71 of all properties in this area. This suggests it would appeal to someone earning around $160,200 per year who should qualify for a mortgage between $320,400 and $400,500.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$55,721
$111,441
$167,162
$222,882
$160,200

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 71 of all properties in this area. This corresponds to a rent of $1,804 per month and a monthly household income of $5,425 ($65,100 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$291
$2,879
$5,466
$8,054
$10,641
$5,425
$1,804

Nearby Companies

Live South Florida Realty, Inc.
4400 Tranquility Dr
Jms Consulting Group, LLC
1114 Bel Air Dr
166-6 Bayview Drive, LLC
1118 Bel Air Dr
You'Re Looking Good, L.L.C.
4505 S Ocean Blvd
Sayre Marketing, Incorporated
4505 S Ocean Blvd
Bentley Management Corp.
4505 S Ocean Blvd
Seabri Investments, L.L.C.
4505 S Ocean Blvd
Spanish Trail Edon, LLC
4505 South Ocean Blvd
Ready-2-Launch Branding, Inc
4505 South Ocean Blvd
Sail Away Investments, LLC
4505 S Ocean Blvd
Bocahighdel Properties LLC
1121 Bel Air Dr
Impress3d, LLC
1121 Bel Air Dr
Off-Lee2 Fl, LLC
1012 Bel Air Dr
Vacay Vibes LLC
1015 Bel Air Dr
Triad Service Management, Inc.
1101 D Bel Air Dr
My Sea Haven, LLC
1105 Bel Air Dr
Bel Lido Manor Hoa, Inc.
1101 Bel Air Dr
Bel Lido Estates LLC
1105 Bel Air Dr
Vms, LLC
1118 Russell Dr
Florida Shoretime LLC
1117 Russell Dr
The Pension Bridge, Inc.
4504 S Ocean Blvd
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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