355 Nw 8th Ave, 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%.
Delray Beach links:
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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 | |
|---|---|---|---|---|
| 351 Nw 8th Ave | Single Family | 1,535 | B |
 |
| 347 Nw 8th Ave | Single Family | 1,064 | B |
|
| 721 Nw 4th St | Single Family | 1,012 | B |
|
| 717 Nw 4th St | Single Family | 972 | B |
|
| 352 Nw 7th Ave | Single Family | 1,464 | B |
|
| 346 Nw 7th Ave | Single Family | 1,515 | B |
|
| 713 Nw 4th St | Single Family | 998 | B |
|
| 344 Nw 7th Ave | Single Family | 871 | B |
|
| 339 Nw 8th Ave | Vacant Residential | 0 | L | |
| 709 Nw 4th St | Vacant Residential | 0 | L | |
| 342 Nw 7th Ave | Single Family | 978 | B |
|
| 333 Nw 8th Ave | Single Family | 1,594 | B |
|
| 334 Nw 7th Ave | Single Family | 1,083 | B |
|
| 701 Nw 4th St | Single Family | 2,818 | B |
|
| 330 Nw 7th Ave | Single Family | 2,108 | B |
|
| 326 Nw 7th Ave | Private school or college | 3,881 | B |
|
| 655 Nw 4th St | Single Family | 1,398 | B |
|
| 327 Nw 8th Ave | Vacant Residential | 0 | L | |
| 353 Nw 7th Ave | Single Family | 1,269 | B |
|
| 726 Lake Ida Rd | Single Family | 1,305 | B |
|
| 351 Nw 7th Ave | Single Family | 1,089 | B |
|
| 728 Lake Ida Rd | Church | 1,836 | B |
|
| 714 Lake Ida Rd | Single Family | 2,324 | B |
|
| 347 Nw 7th Ave | Single Family | 2,189 | B |
|
| 710 Lake Ida Rd | Single Family | 1,271 | B |
|
| 343 Nw 7th Ave | Single Family | 1,120 | B |
|
| Nw 7th Ave | Private school or college | 0 | L | |
| 706 Lake Ida Rd | Single Family | 1,176 | B |
|
| 341 Nw 7th Ave | Church | 1,074 | B |
|
| 704 Lake Ida Rd | Single Family | 1,610 | B |
|
| 325 Nw 8th Ave | Single Family | 796 | B |
|
| 333 Nw 7th Ave | Single Family | 1,093 | B |
|
| 620 Lake Ida Rd | Single Family | 1,376 | B |
|
| 341 R Nw 7th Ave | Vacant Residential | 0 | L | |
| Nw 10th Ave | Public county school | 89,135 | B |
|
| 329 Nw 7th Ave | Single Family | 1,184 | B |
|
| 318 Nw 7th Ave | Vacant Residential | 0 | L | |
| 323 Nw 7th Ave | Single Family | 928 | B |
|
| Lake Ida Rd | Government Undefined | 0 | L | |
| 311 Nw 8th Ave | Single Family | 1,532 | B |
|
| 354 Nw 6th Ave | Single Family | 1,302 | B |
|
| 350 Nw 6th Ave | Vacant Residential | 0 | L | |
| 346 Nw 6th Ave | Single Family | 1,216 | 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 21 of all properties in this area. This suggests it would appeal to someone earning around $31,234 per year who should qualify for a mortgage between $62,468 and $78,085.
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 21 of all properties in this area. This corresponds to a rent of $881 per month and a monthly household income of $2,734 ($32,808 per year)
Nearby Companies
354 Nw 6th Ave
326 Nw 7th Ave
326 Nw 7th Ave
326 Nw 7th Ave
326 Nw 7th Ave
326 Nw 7th Ave
326 Nw 7th Ave
728 Lake Ida Rd
704 Lake Ida Rd