1936 Ne 5th St Unit 211, 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 | |
|---|---|---|---|---|
| 1810 Ne 5th St Unit 1407 | Condominium | 1,071 | B |
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| 1948 Ne 5th St Unit 209 | Condominium | 1,601 | B |
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| 1984 Ne 5th St Unit 203 | Condominium | 1,601 | B |
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| 1972 Ne 5th St Unit 205 | Condominium | 1,601 | B |
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| 1966 Ne 5th St Unit 206 | Condominium | 1,557 | B |
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| 1960 Ne 5th St Unit 207 | Condominium | 1,601 | B |
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| 1954 Ne 5th St Unit 208 | Condominium | 1,557 | B |
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| 1990 Ne 5th St Unit 202 | Condominium | 1,561 | B |
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| 1996 Ne 5th St Unit 201 | Condominium | 1,071 | B |
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| 1978 Ne 5th St Unit 204 | Condominium | 1,557 | B |
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| 1942 Ne 5th St Unit 210 | Condominium | 1,557 | B |
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| 1818 Ne 5th St Unit 1406 | Condominium | 1,557 | B |
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| 1826 Ne 5th St Unit 1405 | Condominium | 1,601 | B |
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| 1834 Ne 5th St Unit 1404 | Condominium | 1,557 | B |
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| 1842 Ne 5th St Unit 1403 | Condominium | 1,601 | B |
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| 1850 Ne 5th St Unit 1402 | Condominium | 1,561 | B |
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| 1858 Ne 5th St Unit 1401 | Condominium | 1,071 | B |
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| 1924 Ne 5th St Unit 214 | Condominium | 1,561 | B |
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| 1918 Ne 5th St Unit 213 | Condominium | 1,071 | B |
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| 1930 Ne 5th St Unit 212 | Condominium | 1,557 | B |
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| 407 Nw 16th Ave | Single Family | 1,056 | B |
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| 1611 Nw 5th St | Single Family | 1,626 | B |
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| 408 Nw 16th Ave | Single Family | 1,057 | B |
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| 410 Nw 16th Ave | Single Family | 2,944 | B |
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| 405 Nw 16th Ave | Single Family | 1,220 | B |
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| 406 Nw 16th Ave | Single Family | 1,197 | B |
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| 390 Nw 16th Ct | Single Family | 1,208 | B |
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| 403 Nw 16th Ave | Single Family | 1,199 | B |
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| 409 Nw 15th Ave | Single Family | 1,217 | B |
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| 1621 Nw 5th St | Multi-family - less than 10 units | 1,724 | B |
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| 407 Nw 15th Ave | Single Family | 1,064 | B |
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| 404 Nw 16th Ave | Single Family | 1,188 | B |
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| 380 Nw 16th Ct | Single Family | 1,077 | B |
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| 405 Nw 15th Ave | Single Family | 1,056 | B |
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| 411 Nw 15th Ave | Single Family | 1,355 | B |
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| 370 Nw 16th Ct | Single Family | 1,101 | B |
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| 403 Nw 15th Ave | Single Family | 1,231 | B |
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| 401 Nw 16th Ave | Single Family | 1,044 | B |
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| 402 Nw 16th Ave | Single Family | 1,052 | B |
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| 1641 Nw 5th St | Multi-family - less than 10 units | 1,546 | B |
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| 360 Nw 16th Ct | Single Family | 1,669 | B |
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| 401 Nw 15th Ave | Single Family | 1,058 | B |
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| 1465 Nw 5th St | Single Family | 1,265 | B |
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| 393 Nw 16th Ct | Multi-family - less than 10 units | 2,641 | B |
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| 408 Nw 15th Ave | Single Family | 1,064 | B |
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| 410 Nw 15th Ave | Single Family | 1,248 | B |
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| 406 Nw 15th Ave | Single Family | 1,044 | B |
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| 1600 Nw 4th St | Single Family | 1,056 | B |
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| 350 Nw 16th Ct | Single Family | 1,067 | 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 29 of all properties in this area. This suggests it would appeal to someone earning around $42,308 per year who should qualify for a mortgage between $84,616 and $105,770.
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 29 of all properties in this area. This corresponds to a rent of $1,055 per month and a monthly household income of $3,354 ($40,248 per year)
Nearby Companies
411 Nw 15th Ave
411 Nw 15th Ave
401 Nw 15th Ave
408 Nw 16th Ave
410 Nw 16th Ave
410 Nw 16th Ave
410 Nw 16th Ave
1954 Ne 5th St
1954 Ne 5th St
1936 Ne 5th St
1936 Ne 5th St
1936 Ne 5th St
1936 Ne 5th St
1945 Ne 5th St
1875 Ne 5th St
1827 Ne 5th St