512 Nw 24th Ave, 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%.
Boynton Beach 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 | |
|---|---|---|---|---|
| 510 Nw 24th Ave | Single Family | 1,560 | B |
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| 514 Nw 24th Ave | Single Family | 2,052 | B |
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| 508 Nw 24th Ave | Single Family | 2,206 | B |
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| 516 Nw 24th Ave | Single Family | 2,052 | B |
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| 518 Nw 24th Ave | Single Family | 2,052 | B |
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| 600 Nw 24th Ave | Single Family | 2,052 | B |
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| 506 Nw 24th Ave | Single Family | 2,206 | B |
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| 2400 Nw 6th St | Single Family | 2,206 | B |
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| 602 Nw 24th Ave | Single Family | 2,052 | B |
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| 504 Nw 24th Ave | Single Family | 1,560 | B |
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| 2402 Nw 6th St | Single Family | 1,560 | B |
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| 502 Nw 24th Ave | Single Family | 1,560 | B |
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| 604 Nw 24th Ave | Single Family | 2,052 | B |
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| 2401 Nw 5th St | Single Family | 2,052 | B |
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| 2404 Nw 6th St | Single Family | 2,052 | B |
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| 2403 Nw 5th St | Single Family | 2,052 | B |
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| 500 Nw 24th Ave | Single Family | 2,206 | B |
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| 606 Nw 24th Ave | Single Family | 1,560 | B |
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| 2406 Nw 6th St | Single Family | 2,052 | B |
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| 2405 Nw 5th St | Single Family | 1,560 | B |
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| 601 Nw 24th Ave | Single Family | 2,206 | B |
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| 608 Nw 24th Ave | Single Family | 1,560 | B |
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| 2407 Nw 5th St | Single Family | 1,560 | B |
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| 603 Nw 24th Ave | Single Family | 2,052 | B |
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| 2408 Nw 6th St | Single Family | 2,052 | B |
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| 610 Nw 24th Ave | Single Family | 2,206 | B |
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| 416 Nw 24th Ave | Single Family | 2,052 | B |
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| 605 Nw 24th Ave | Single Family | 2,052 | B |
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| 2409 Nw 5th St | Single Family | 1,560 | B |
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| 2410 Nw 6th St | Single Family | 2,052 | B |
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| 414 Nw 24th Ave | Single Family | 2,052 | B |
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| 607 Nw 24th Ave | Single Family | 2,052 | B |
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| 2411 Nw 5th St | Single Family | 2,052 | B |
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| 2412 Nw 6th St | Single Family | 1,560 | B |
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| 612 Nw 24th Ave | Single Family | 2,206 | B |
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| 412 Nw 24th Ave | Single Family | 2,052 | B |
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| 2413 Nw 5th St | Single Family | 2,052 | B |
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| 2414 Nw 6th St | Single Family | 2,206 | B |
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| 600 Nw 25th Ave | Single Family | 2,206 | B |
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| 611 Nw 24th Ave | Single Family | 2,052 | B |
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| 2406 Nw 5th St | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 614 Nw 24th Ave | Single Family | 1,560 | B |
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| 410 Nw 24th Ave | Single Family | 1,560 | B |
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| 602 Nw 25th Ave | Single Family | 2,206 | B |
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| 1005 W Gateway Blvd | Community Shopping Center | 95,526 | B |
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| 613 Nw 24th Ave | Single Family | 2,052 | B |
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| 604 Nw 25th Ave | Single Family | 2,206 | B |
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| 408 Nw 24th Ave | Single Family | 1,560 | B |
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Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 41 of all properties in this area. This suggests it would appeal to someone earning around $48,563 per year who should qualify for a mortgage between $97,126 and $121,408.
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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 41 of all properties in this area. This corresponds to a rent of $974 per month and a monthly household income of $2,562 ($30,744 per year)
Nearby Companies
2421 Nw 7th St
617 Nw 24th Ave
617 Nw 24th Ave
610 Nw 25th Ave
2413 Nw 5th St
2413 Nw 5th St
2511 Nw 7th St
600 Nw 24th Ave
510 Nw 24th Ave
2400 High Ridge Rd Ste 102
416 Nw 24th Ave