167 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 | |
|---|---|---|---|---|
| 165 Coconut Key Ln | Single Family | 1,510 | B |
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| 163 Coconut Key Ln | Single Family | 1,510 | B |
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| 169 Coconut Key Ln | Single Family | 1,705 | B |
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| 161 Coconut Key Ln | Single Family | 1,705 | B |
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| 171 Coconut Key Ln | Single Family | 1,450 | B |
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| 173 Coconut Key Ln | Single Family | 1,510 | B |
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| 159 Coconut Key Ln | Single Family | 1,705 | B |
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| 175 Coconut Key Ln | Single Family | 1,510 | B |
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| 158 Coconut Key Ln | Single Family | 1,705 | B |
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| 160 Coconut Key Ln | Single Family | 1,450 | B |
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| 177 Coconut Key Ln | Single Family | 1,450 | B |
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| 157 Coconut Key Ln | Single Family | 1,450 | B |
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| 162 Coconut Key Ln | Single Family | 1,510 | B |
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| 155 Coconut Key Ln | Single Family | 1,705 | B |
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| 179 Coconut Key Ln | Single Family | 1,705 | B |
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| 164 Coconut Key Ln | Single Family | 1,510 | B |
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| 5199 Adams Rd | Single Family | 1,909 | B |
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| 5217 Adams Rd | Single Family | 1,318 | B |
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| 166 Coconut Key Ln | Single Family | 1,510 | B |
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| 156 Coconut Key Ln | Single Family | 1,705 | B |
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| 5227 Adams Rd | Single Family | 1,333 | B |
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| 168 Coconut Key Ln | Single Family | 1,705 | B |
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| 154 Coconut Key Ln | Single Family | 1,510 | B |
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| 5235 Adams Rd | Single Family | 1,196 | B |
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| 5171 Adams Rd | Single Family | 2,124 | B |
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| 152 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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| 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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| 175 Gramercy Square Dr | Single Family | 2,092 | B |
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| 149 Coconut Key Ln | Single Family | 1,445 | B |
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| 171 Gramercy Square Dr | Single Family | 2,055 | B |
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| 5255 Adams Rd | Single Family | 1,121 | B |
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| 167 Gramercy Square Dr | Single Family | 2,055 | B |
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| 146 Coconut Key Ln | Single Family | 1,705 | B |
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| 163 Gramercy Square Dr | Single Family | 2,055 | B |
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| 5161 Adams Rd | Single Family | 1,111 | B |
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| 147 Coconut Key Ln | Single Family | 1,705 | B |
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| 159 Gramercy Square Dr | Single Family | 2,092 | B |
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| 5263 Adams Rd | Single Family | 1,279 | B |
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| 5151 Adams Rd | Single Family | 1,446 | B |
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| 5212 Adams Rd | Single Family | 1,949 | B |
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| 5198 Adams Rd | Single Family | 1,277 | B |
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| 145 Coconut Key Ln | Single Family | 2,100 | B |
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| 14984 Markland Ln | Single Family | 2,901 | B |
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| 5188 Adams Rd | Vacant Residential | 0 | L | |
| 5236 Adams Rd | Single Family | 1,864 | B |
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| 142 Coconut Key Ln | Single Family | 1,450 | 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 57 of all properties in this area. This suggests it would appeal to someone earning around $67,606 per year who should qualify for a mortgage between $135,212 and $169,015.
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 57 of all properties in this area. This corresponds to a rent of $1,092 per month and a monthly household income of $2,870 ($34,440 per year)
Nearby Companies
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159 Coconut Key Ln