2565 Riviera Dr, 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 | |
|---|---|---|---|---|
| 2585 Riviera Dr | Single Family | 2,649 | B |
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| 2535 Riviera Dr | Single Family | 2,848 | B |
|
| 2560 Riviera Dr | Single Family | 2,613 | B |
|
| 3658 Lone Pine Rd | Single Family | 2,941 | B |
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| 2635 Riviera Dr | Single Family | 2,635 | B |
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| 2600 Riviera Dr | Single Family | 2,649 | B |
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| 2515 Riviera Dr | Single Family | 2,661 | B |
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| 3692 Lone Pine Rd | Single Family | 2,922 | B |
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| 2530 Riviera Dr | Single Family | 2,653 | B |
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| 3624 Lone Pine Rd | Single Family | 3,126 | B |
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| 2435 Riviera Dr | Single Family | 2,529 | B |
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| 2665 Riviera Dr | Single Family | 2,757 | B |
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| 2620 Riviera Dr | Single Family | 2,757 | B |
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| 2510 Riviera Dr | Single Family | 2,757 | B |
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| 2445 Riviera Dr | Single Family | 2,687 | B |
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| 2490 Riviera Dr | Single Family | 2,649 | B |
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| 2680 Riviera Dr | Single Family | 2,887 | B |
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| 2640 Riviera Dr | Single Family | 2,680 | B |
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| 2425 Riviera Dr | Single Family | 2,891 | B |
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| 2685 Riviera Dr | Single Family | 2,647 | B |
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| 2595 Nw 15th St | Single Family | 1,925 | B |
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| 2505 Nw 15th St | Single Family | 2,001 | B |
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| 3726 Lone Pine Rd | Single Family | 2,048 | B |
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| 2575 Nw 15th St | Single Family | 1,812 | B |
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| 2525 Nw 15th St | Single Family | 1,686 | B |
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| 2601 Nw 15th St | Single Family | 1,942 | B |
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| 2485 Nw 15th St | Single Family | 1,871 | B |
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| 2450 Riviera Dr | Single Family | 2,757 | B |
|
| 3600 Lone Pine Rd | Single Family | 3,557 | B |
|
| 3657 Lone Pine Rd | Single Family | 2,825 | B |
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| 2615 Nw 15th St | Single Family | 1,871 | B |
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| 2660 Riviera Dr | Single Family | 2,963 | B |
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| 2465 Nw 15th St | Single Family | 1,636 | B |
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| 2621 Nw 15th St | Single Family | 1,934 | B |
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| 3691 Lone Pine Rd | Single Family | 3,899 | B |
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| 2455 Nw 15th St | Single Family | 2,044 | B |
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| 3623 Lone Pine Rd | Single Family | 2,675 | B |
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| 2710 Riviera Dr | Single Family | 2,679 | B |
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| 2415 Riviera Dr | Single Family | 2,661 | B |
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| 2635 Nw 15th St | Single Family | 2,007 | B |
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| 2725 Riviera Dr | Single Family | 2,687 | B |
|
| 2445 Nw 15th St | Single Family | 2,044 | B |
|
| 2430 Riviera Dr | Single Family | 2,529 | B |
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| 2405 Riviera Dr | Single Family | 2,647 | 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 53 of all properties in this area. This suggests it would appeal to someone earning around $67,232 per year who should qualify for a mortgage between $134,464 and $168,080.
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 53 of all properties in this area. This corresponds to a rent of $1,270 per month and a monthly household income of $3,967 ($47,604 per year)
Nearby Companies
2621 Nw 15th St
2725 Riviera Dr
3726 Lone Pine Rd
3624 Lone Pine Rd