1022 Nassau St, Delray Beach
Palm Beach County Real Estate - Delray Beach
Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.
The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.
There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
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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 | |
|---|---|---|---|---|
| 1026 Nassau St | Single Family | 3,545 | B |
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| 1018 Nassau St | Single Family | 1,485 | B |
|
| 1023 Bay St | Single Family | 1,754 | B |
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| 1027 Bay St | Single Family | 2,023 | B |
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| 1030 Nassau St | Single Family | 1,929 | B |
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| 1023 Nassau St | Single Family | 1,606 | B |
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| 1027 Nassau St | Single Family | 2,182 | B |
|
| 1019 Nassau St | Single Family | 1,966 | B |
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| 1010 Nassau St | Single Family | 1,833 | B |
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| 250 Gleason St | Single Family | 2,528 | B |
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| 1015 Nassau St | Single Family | 1,411 | B |
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| 1029 Nassau St | Single Family | 1,471 | B |
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| 1011 Bay St | Single Family | 2,570 | B |
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| 1009 Nassau St | Single Family | 1,344 | B |
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| 1040 Ocean Ter | Single Family | 2,979 | B |
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| 1050 Ocean Ter | Single Family | 2,979 | B |
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| 1030 Ocean Ter | Single Family | 2,979 | B |
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| 233 Venetian Dr | Single Family | 1,900 | B |
|
| 1104 Nassau St | Single Family | 3,779 | B |
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| 222 Gleason St | Single Family | 2,046 | B |
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| 1101 Nassau St | Single Family | 1,736 | B |
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| 231 Venetian Dr | Single Family | 1,193 | B |
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| 245 Venetian Dr | Multi-family - less than 10 units | 8,731 | A |
|
| 1020 Bay St | Single Family | 3,476 | B |
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| 1022 Bay St | Single Family | 3,514 | B |
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| 1018 Bay St | Single Family | 3,476 | B |
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| 1024 Bay St | Single Family | 3,476 | B |
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| 1016 Bay St | Single Family | 3,514 | B |
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| 1017 Bay St | Condominium | 1,600 | B |
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| 1019 Bay St | Condominium | 1,600 | B |
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| 1026 Bay St | Single Family | 3,514 | B |
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| 1014 Bay St | Single Family | 3,476 | B |
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| 303 Gleason St | Condominium | 390 | B |
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| 1012 Bay St | Single Family | 3,514 | B |
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| 1028 Bay St | Single Family | 3,476 | B |
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| 229 Venetian Dr | Single Family | 1,170 | B |
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| 217 Gleason St | Condominium | 1,141 | B |
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| 1010 Bay St | Single Family | 3,476 | B |
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| 219 Venetian Dr | Single Family | 3,679 | A |
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| 1109 Nassau St | Single Family | 1,737 | B |
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| 1112 Nassau St | Single Family | 2,684 | B |
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| 217 Venetian Dr | Single Family | 3,656 | A |
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| 1000 Ocean Ter | Condominium | 1,194 | B |
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| 1015 Langer Way | Single Family | 2,078 | B |
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| 301 Venetian Dr | Condominium | 1,170 | B |
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| 1108 Ocean Ter | Condominium | 680 | B |
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| 1011 Langer Way | Single Family | 1,790 | B |
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| 1112 Ocean Ter | Condominium | 1,592 | B |
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| 211 Venetian Dr | Single Family | 3,171 | A |
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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 80 of all properties in this area. This suggests it would appeal to someone earning around $222,882 per year who should qualify for a mortgage between $445,764 and $557,205.
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 80 of all properties in this area. This corresponds to a rent of $2,015 per month and a monthly household income of $6,157 ($73,884 per year)
Nearby Companies
1104 Nassau St
1104 Nassau St
1118 Ocean Ter
1160-1190 Nassau St
219 Venetian Dr
219 Venetian Dr
219 Venetian Dr
219 Venetian Dr
219 Venetian Dr
1011 Bay St
1011 Bay St
1011 Bay St
1011 Bay St
1000 Ocean Ter
1030 Ocean Ter
1027 Nassau St
1027 Nassau St
1027 Nassau St
1027 Nassau St
1108 Ocean Ter
1112 Ocean Ter
1112 Nassau St
256 Venetian Dr
303 Gleason St
303 Gleason St #10
3260 Delray Bay Dr
252 Venetian Dr