712 Rider 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 | |
|---|---|---|---|---|
| 714 Rider Rd | Single Family | 1,131 | B |
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| 710 Rider Rd | Single Family | 1,509 | B |
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| 716 Rider Rd | Single Family | 1,131 | B |
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| 718 Rider Rd | Single Family | 1,256 | B |
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| 720 Rider Rd | Single Family | 1,498 | B |
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| 730 Rider Rd | Single Family | 1,604 | B |
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| 624 Ne 12th Ter | Single Family | 1,752 | B |
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| 717 Ne 10th Ave | Multi-family - less than 10 units | 5,726 | B |
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| 732 Rider Rd | Single Family | 1,590 | B |
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| 718 Ne 12th Ter | Single Family | 1,794 | B |
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| 734 Rider Rd | Single Family | 1,604 | B |
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| 701 Rider Rd | Condominium | 297 | B |
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| 660 Manor Dr | Single Family | 2,009 | B |
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| 740 Rider Rd | Single Family | 1,307 | B |
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| 742 Rider Rd | Single Family | 1,387 | B |
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| 659 Manor Dr | Single Family | 1,934 | B |
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| 637 Ne 12th Ter | Single Family | 1,738 | B |
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| 744 Rider Rd | Single Family | 1,317 | B |
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| 717 Ne 12th Ter | Single Family | 1,794 | B |
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| 746 Rider Rd | Single Family | 1,387 | B |
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| 658 Manor Dr | Single Family | 4,609 | B |
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| 748 Rider Rd | Single Family | 1,387 | B |
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| 750 Rider Rd | Single Family | 1,336 | B |
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| 720 Ne 10th Ave | Single Family | 2,233 | B |
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| 752 Rider Rd | Single Family | 1,387 | B |
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| 712 Ne 10th Ave | Single Family | 2,360 | B |
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| 728 Ne 10th Ave | Single Family | 2,233 | B |
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| 732 Ne 12th Ter | Single Family | 1,752 | B |
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| 754 Rider Rd | Single Family | 1,387 | B |
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| 655 Manor Dr | Multi-family - less than 10 units | 2,084 | B |
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| 732 Ne 10th Ave | Single Family | 2,233 | B |
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| 702 Ne 10th Ave | Single Family | 1,390 | B |
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| 756 Rider Rd | Single Family | 1,615 | B |
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| 656 Manor Dr | Multi-family - less than 10 units | 2,899 | B |
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| 611 Ne 12th Ter | Single Family | 1,752 | B |
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| 731 Ne 12th Ter | Single Family | 1,794 | B |
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| 633 Ne 10th Ave | Single Family | 1,453 | B |
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| 758 Rider Rd | Single Family | 1,615 | B |
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| 658 Mariners Way | Single Family | 1,646 | B |
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| 662 Mariners Way | Single Family | 1,646 | B |
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| 654 Mariners Way | Single Family | 1,646 | B |
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| 668 Mariners Way | Single Family | 1,646 | B |
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| 650 Mariners Way | Single Family | 1,646 | B |
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| 670 Mariners Way | Single Family | 1,646 | B |
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| 646 Mariners Way | Single Family | 1,646 | B |
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| 644 Ne 10th Ave | Single Family | 2,096 | 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 85 of all properties in this area. This suggests it would appeal to someone earning around $158,192 per year who should qualify for a mortgage between $316,384 and $395,480.
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 85 of all properties in this area. This corresponds to a rent of $1,786 per month and a monthly household income of $5,667 ($68,004 per year)
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