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%.

Delray Beach links:

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

AddressTypeSq FtClass 
1226 Southways St Single Family 2,449 B
1228 Crestwood Dr Single Family 3,907 A
1215 Crestwood Dr Single Family 3,597 A
720 N Ocean Blvd Single Family 0 A
1220 Southways St Single Family 3,145 B
1220 Crestwood Dr Single Family 2,023 B
728 N Ocean Blvd Single Family 3,198 B
710 N Ocean Blvd Single Family 9,173 A
1216 Crestwood Dr Single Family 2,361 B
1216 Southways St Single Family 3,552 B
1209 Crestwood Dr Single Family 1,878 A
1227 Southways St Single Family 3,581 A
702 N Ocean Blvd Single Family 3,220 B
1223 Southways St Single Family 2,284 B
1210 Crestwood Dr Single Family 1,667 B
1210 Southways St Single Family 6,017 A
740 N Ocean Blvd Single Family 6,050 A
1215 Southways St Single Family 2,771 B
1200 S Rogers Cir # 11 Single Family 5,177 A
622 N Ocean Blvd Single Family 3,799 B
1201 Crestwood Dr Single Family 2,504 B
1270 George Bush Blvd Single Family 2,220 B
1209 Southways St Single Family 4,537 A
1202 Crestwood Dr Single Family 1,841 B
1274 George Bush Blvd Single Family 2,321 B
1278 George Bush Blvd Single Family 2,220 B
711 N Ocean Blvd Single Family 5,593 A
1282 George Bush Blvd Single Family 2,239 B
N Ocean Blvd Vacant Residential 0 L
719 N Ocean Blvd Single Family 7,567 A
1202 Southways St Single Family 2,982 B
1286 George Bush Blvd Single Family 2,220 B
1236 George Bush Blvd Multi-family - less than 10 units 6,441 B
701 Andrews Ave Single Family 2,510 B
707 N Ocean Blvd Single Family 3,297 B
1290 George Bush Blvd Single Family 2,407 B
733 N Ocean Blvd Single Family 7,327 A
1201 Southways St Single Family 1,514 B
701 N Ocean Blvd Single Family 6,951 A
1228 George Bush Blvd # Single Family 960 B
1228 George Bush Blvd Single Family 1,040 B
633 N Ocean Blvd Single Family 0 A
610 N Ocean Blvd Single Family 4,047 B
755 N Ocean Blvd Single Family 9,539 A
1218 George Bush Blvd Single Family 4,530 B

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 88 of all properties in this area. This suggests it would appeal to someone earning around $328,353 per year who should qualify for a mortgage between $656,706 and $820,883.

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 88 of all properties in this area. This corresponds to a rent of $2,334 per month and a monthly household income of $7,518 ($90,216 per year)

Nearby Companies

Aquarius Marine LLC
719 North Ocean Blvd
The Waton Agency LLC
1209 Southways
Family Assurance LLC
1209 Southways
Waters Edge LLC
719 N Ocean Blvd
Jasy, LLC
719 N Ocean Blvd
Aquarius Ii, LLC
719 N Ocean Blvd
Skornfeld Manager, LLC
719 N Ocean Blvd
Squires Estates, LLC
719 N Ocean Blvd
Newtown Developers, LLC
719 N Ocean Blvd
Jkl Hotels, LLC
719 N Ocean Blvd
Piper One, LLC
719 N Ocean Blvd
Aspen Holdings LLC
1218 George Bush Blvd
Tlcgc Fund LLC
733 N Ocean Blvd
Crestwood Beach Club, Inc.
1209 Crestwood Dr
Ocean View Capital LLC
1220 Crestwood Dr
Nilsa Design Services, Inc.
610 N Ocean Blvd
Disclaimers and Disclosures

Public Records Data

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