127 Coconut Key Ln, 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 | |
|---|---|---|---|---|
| 129 Coconut Key Ln | Single Family | 1,450 | B |
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| 131 Coconut Key Ln | Single Family | 1,445 | B |
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| 125 Coconut Key Ln | Single Family | 1,705 | B |
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| 133 Coconut Key Ln | Single Family | 1,696 | B |
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| 123 Coconut Key Ln | Single Family | 1,510 | B |
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| 121 Coconut Key Ln | Single Family | 1,450 | B |
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| 119 Coconut Key Ln | Single Family | 1,450 | B |
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| 135 Coconut Key Ln | Single Family | 2,100 | B |
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| 126 Coconut Key Ln | Single Family | 1,445 | B |
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| 124 Coconut Key Ln | Single Family | 1,510 | B |
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| 128 Coconut Key Ln | Single Family | 1,450 | B |
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| 122 Coconut Key Ln | Single Family | 1,696 | B |
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| 130 Coconut Key Ln | Single Family | 1,450 | B |
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| 117 Coconut Key Ln | Single Family | 1,450 | B |
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| 132 Coconut Key Ln | Single Family | 1,705 | B |
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| 137 Coconut Key Ln | Single Family | 1,510 | B |
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| 115 Coconut Key Ln | Single Family | 1,705 | B |
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| 139 Coconut Key Ln | Single Family | 1,450 | B |
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| 120 Coconut Key Ln | Single Family | 2,100 | B |
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| 134 Coconut Key Ln | Single Family | 1,705 | B |
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| 141 Coconut Key Ln | Single Family | 1,450 | B |
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| 14983 51st Ter S | Single Family | 2,092 | B |
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| 118 Coconut Key Ln | Single Family | 1,450 | B |
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| 136 Coconut Key Ln | Single Family | 1,450 | B |
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| 111 Coconut Key Ln | Single Family | 1,705 | B |
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| 143 Coconut Key Ln | Single Family | 1,450 | B |
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| 116 Coconut Key Ln | Single Family | 1,450 | B |
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| 138 Coconut Key Ln | Single Family | 1,450 | B |
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| 14887 51st Ter S | Single Family | 2,092 | B |
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| 114 Coconut Key Ln | Single Family | 1,450 | B |
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| 109 Coconut Key Ln | Single Family | 1,462 | B |
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| 140 Coconut Key Ln | Single Family | 1,450 | B |
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| 145 Coconut Key Ln | Single Family | 2,100 | B |
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| 112 Coconut Key Ln | Single Family | 1,510 | B |
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| 142 Coconut Key Ln | Single Family | 1,450 | B |
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| 107 Coconut Key Ln | Single Family | 1,450 | B |
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| 110 Coconut Key Ln | Single Family | 2,100 | B |
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| 105 Coconut Key Ln | Single Family | 1,450 | B |
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| 147 Coconut Key Ln | Single Family | 1,705 | B |
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| 103 Coconut Key Ln | Single Family | 1,462 | B |
|
| 14911 51st Ter S | Single Family | 2,092 | B |
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| 149 Coconut Key Ln | Single Family | 1,445 | B |
|
| 5180 Atlantic Ave | Store, one story | 27,465 | B |
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| 146 Coconut Key Ln | Single Family | 1,705 | B |
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| 101 Coconut Key Ln | Single Family | 1,752 | B |
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| 151 Coconut Key Ln | Single Family | 1,450 | B |
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| 148 Coconut Key Ln | Single Family | 1,450 | B |
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| 153 Coconut Key Ln | Single Family | 1,705 | B |
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| 150 Coconut Key Ln | Single Family | 1,462 | 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 54 of all properties in this area. This suggests it would appeal to someone earning around $63,515 per year who should qualify for a mortgage between $127,030 and $158,788.
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 54 of all properties in this area. This corresponds to a rent of $1,066 per month and a monthly household income of $2,811 ($33,732 per year)
Nearby Companies
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