245 Ne 9th 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 | |
|---|---|---|---|---|
| 249 Ne 9th St | Single Family | 932 | B |
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| 241 Ne 9th St | Single Family | 1,660 | B |
|
| 239 Ne 9th St | Single Family | 1,224 | B |
|
| 246 Ne 10th St | Single Family | 1,432 | B |
|
| 242 Ne 10th St | Multi-family - less than 10 units | 1,860 | B |
|
| 250 Ne 10th St | Single Family | 1,596 | B |
|
| 233 Ne 9th St | Single Family | 1,196 | B |
|
| 275 Ne 9th St | Multi-family - less than 10 units | 1,950 | B |
|
| 906 Ne 3rd Ave | Municipal Owned | 0 | L | |
| 238 Ne 10th St | Multi-family - less than 10 units | 1,860 | B |
|
| 910 Ne 3rd Ave | Multi-family - less than 10 units | 2,092 | B |
|
| 246 Ne 9th St | Single Family | 1,969 | B |
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| 248 Ne 9th St | Single Family | 1,969 | B |
|
| 242 Ne 9th St | Single Family | 1,252 | B |
|
| 256 Ne 10th St | Multi-family - less than 10 units | 2,086 | B |
|
| 234 Ne 10th St | Single Family | 1,087 | B |
|
| 229 Ne 9th St | Single Family | 1,219 | B |
|
| 240 Ne 9th St | Single Family | 1,147 | B |
|
| 236 Ne 9th St | Single Family | 1,371 | B |
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| 230 Ne 10th St | Single Family | 1,525 | B |
|
| Ne 10th St | Vacant Residential | 0 | L | |
| 230 Ne 9th St | Single Family | 1,423 | B |
|
| 275 George Bush Blvd | Insurance company office | 5,646 | B |
|
| 226 Ne 10th St | Single Family | 1,368 | B |
|
| 221 Ne 9th St | Single Family | 2,562 | B |
|
| 245 Ne 10th St | Multi-family - less than 10 units | 2,800 | B |
|
| 237 Ne 10th St | Multi-family - less than 10 units | 2,784 | B |
|
| 255 George Bush Blvd | Professional service building | 2,696 | B |
|
| 220 Ne 10th St | Single Family | 2,510 | B |
|
| 222 Ne 9th St | Single Family | 1,345 | B |
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| 237 George Bush Blvd | Professional service building | 2,785 | B |
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| 235 Ne 10th St | Single Family | 1,064 | B |
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| 255 Ne 10th St | Multi-family - less than 10 units | 5,040 | B |
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| 218 Ne 10th St | Multi-family - less than 10 units | 3,106 | B |
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| 213 Ne 9th St | Multi-family - less than 10 units | 1,430 | B |
|
| 229 George Bush Blvd | Professional service building | 2,348 | B |
|
| 225 Ne 10th St | Single Family | 1,412 | B |
|
| 218 Ne 9th St | Multi-family - less than 10 units | 1,623 | B |
|
| 246 Ne 11th St | Single Family | 1,164 | B |
|
| 214 Ne 10th St | Single Family | 1,161 | B |
|
| 238 Ne 11th St | Single Family | 1,206 | B |
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| 221 Ne 10th St | Single Family | 901 | B |
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| 256 Ne 11th St | Single Family | 1,614 | B |
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| 214 Ne 9th St | Single Family | 1,027 | B |
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| 234 Ne 11th St | Single Family | 1,279 | B |
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| 211 Ne 9th St | Single Family | 1,261 | B |
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| 1012 Ne 3rd Ave | Single Family | 1,468 | B |
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| 217 Ne 10th St | Single Family | 1,308 | B |
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| 217 George Bush Blvd | Professional service building | 3,306 | B |
|
Local Household Income
The median household income in this part of Florida is $63,276. The bottom 10% of the population earn less than $20,292 per year. The top 10% earn more than $202,982 per year. The top 1% earn more than $628,408 per year. Most renters earn between $32,220 (20th percentile) and $62,628 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $126,552 and $158,190.
The tax assessed value of this property places it in percentile 60 of all properties in this area. This suggests it would appeal to someone earning around $78,488 per year who should qualify for a mortgage between $156,976 and $196,220.
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 $1,216. Most renters earn between $2,685 and $5,219 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $865 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 60 of all properties in this area. This corresponds to a rent of $1,412 per month and a monthly household income of $4,251 ($51,012 per year)
Nearby Companies
255 George Bush Blvd
255 George Bush Blvd
275 George Bush Blvd
275 George Bush Blvd
246 Ne 9th St
210 Ne 10th St
230 Ne 11th St
217 George Bush Blvd
229 George Bush Blvd
230 Ne 9th St
230 Ne 9th St
222 Ne 9th St