1060 Old Boynton Rd, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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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 | |
|---|---|---|---|---|
| 1054 Old Boynton Rd | Single Family | 1,697 | B |
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| 1064 Old Boynton Rd | Single Family | 1,153 | B |
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| 1046 Old Boynton Rd | Single Family | 1,285 | B |
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| 1008 Coral Ct | Single Family | 2,428 | B |
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| 1006 Coral Ct | Single Family | 1,891 | B |
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| 498 Nw 11th St | Single Family | 1,958 | B |
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| 1010 Coral Ct | Single Family | 1,644 | B |
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| 1038 Old Boynton Rd | Single Family | 1,556 | B |
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| 1004 Coral Ct | Single Family | 2,055 | B |
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| 1114 Old Boynton Rd | Single Family | 2,404 | B |
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| 1055 Old Boynton Rd | Single Family | 1,248 | B |
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| 1030 Old Boynton Rd | Single Family | 1,396 | B |
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| 500 Nw 11th St | Single Family | 1,931 | B |
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| 1002 Coral Ct | Single Family | 1,834 | B |
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| 501 Nw 11th St | Single Family | 1,926 | B |
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| 1063 Coral Dr | Single Family | 1,684 | B |
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| 1210 Old Boynton Rd | Condominium | 551 | B |
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| 1025 Old Boynton Rd | Single Family | 1,566 | B |
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| 1007 Coral Ct | Single Family | 1,999 | B |
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| 1009 Coral Ct | Single Family | 1,814 | B |
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| 1022 Old Boynton Rd | Single Family | 1,601 | B |
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| 1230 Old Boynton Rd | Condominium | 551 | B |
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| 503 Nw 11th St | Single Family | 1,842 | B |
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| 1005 Coral Ct | Single Family | 1,527 | B |
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| 1061 Coral Dr | Single Family | 2,088 | B |
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| 1058 Coral Dr | Single Family | 1,300 | B |
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| 502 Nw 6th Way | Single Family | 1,651 | B |
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| 504 Nw 6th Way | Single Family | 1,749 | B |
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| 1250 Old Boynton Rd | Condominium | 551 | B |
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| 1000 Coral Ct | Single Family | 1,836 | B |
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| 1033 Coral Dr | Single Family | 1,987 | B |
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| 1039 Coral Dr | Single Family | 2,425 | B |
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| 1035 Coral Dr | Single Family | 2,455 | B |
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| 1031 Coral Dr | Single Family | 2,779 | B |
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| 1003 Coral Ct | Single Family | 1,816 | B |
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| 506 Nw 6th Way | Single Family | 1,926 | B |
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| 1014 Old Boynton Rd | Single Family | 1,418 | B |
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| 505 Nw 11th St | Single Family | 1,842 | B |
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| 1059 Coral Dr | Single Family | 2,744 | B |
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| 1038 Coral Dr | Single Family | 1,668 | B |
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| 1040 Coral Dr | Single Family | 2,080 | B |
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| 1036 Coral Dr | Single Family | 1,650 | B |
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| 1056 Coral Dr | Single Family | 1,482 | B |
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| 1006 Old Boynton Rd | Single Family | 1,555 | B |
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| 508 Nw 10th Ct | Single Family | 1,958 | B |
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| 1034 Coral Dr | Single Family | 1,898 | B |
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| 507 Nw 11th St | Single Family | 2,325 | B |
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| 1001 Coral Ct | Single Family | 1,492 | B |
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| 1057 Coral Dr | Single Family | 1,793 | B |
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Local Household Income
The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.
The tax assessed value of this property places it in percentile 64 of all properties in this area. This suggests it would appeal to someone earning around $90,679 per year who should qualify for a mortgage between $181,358 and $226,698.
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 $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 64 of all properties in this area. This corresponds to a rent of $1,385 per month and a monthly household income of $4,527 ($54,324 per year)
Nearby Companies
1032 Coral Dr
1032 Coral Dr
1031 Coral Dr
1035 Coral Dr
1041 Coral Dr
1008 Coral Ct
1210 Old Boynton Rd
501 Nw 11th St
501 Nw 11th St
503 Nw 11th St
1030 Old Boynton Rd