1300 Sabal Lakes Rd, 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 | |
---|---|---|---|---|
1310 Sabal Lakes Rd | Single Family | 1,762 | B | |
1320 Sabal Lakes Rd | Single Family | 2,792 | B | |
1305 Sabal Lakes Rd | Undefined - Reserved for Use by Department of Revenue | 418 | B | |
3905 Laurelwood Ln | Single Family | 1,755 | B | |
3950 Laurelwood Ln | Single Family | 2,799 | B | |
1330 Sabal Lakes Rd | Single Family | 3,000 | B | |
3955 Sabal Lakes Rd | Single Family | 2,181 | B | |
3915 Laurelwood Ln | Single Family | 2,535 | B | |
3970 Laurelwood Ln | Single Family | 2,352 | B | |
1340 Sabal Lakes Rd | Single Family | 2,189 | B | |
3930 Riverside Way | Single Family | 2,060 | B | |
3975 Sabal Lakes Rd | Single Family | 2,203 | B | |
3905 Sea Grape Cir | Single Family | 1,806 | B | |
3925 Sea Grape Cir | Single Family | 2,209 | B | |
3935 Laurelwood Ln | Single Family | 2,309 | B | |
3945 Sea Grape Cir | Single Family | 1,747 | B | |
1350 Sabal Lakes Rd | Single Family | 2,177 | B | |
1225 Sea Grape Cir | Single Family | 2,314 | B | |
3990 Laurelwood Ln | Single Family | 2,232 | B | |
3920 Riverside Way | Single Family | 2,183 | B | |
3955 Laurelwood Ln | Single Family | 1,803 | B | |
3825 Riverside Way | Single Family | 2,060 | B | |
1315 Sabal Lakes Rd | Single Family | 2,686 | B | |
3965 Sea Grape Cir | Single Family | 1,750 | B | |
3975 Laurelwood Ln | Single Family | 2,586 | B | |
3815 Riverside Way | Single Family | 2,060 | B | |
4010 Laurelwood Ln | Single Family | 2,352 | B | |
4015 Sabal Lakes Rd | Single Family | 2,189 | B | |
1205 Sea Grape Cir | Single Family | 2,177 | B | |
3910 Riverside Way | Single Family | 2,060 | B | |
3985 Sea Grape Cir | Single Family | 2,535 | B | |
1335 Sabal Lakes Rd | Single Family | 2,672 | B | |
3760 Majestic Palm Way | Single Family | 2,297 | B | |
3995 Laurelwood Ln | Single Family | 2,535 | B | |
3780 Majestic Palm Way | Single Family | 3,000 | B | |
3805 Riverside Way | Single Family | 2,060 | B | |
1370 Sabal Lakes Rd | Single Family | 1,747 | B | |
1185 Sea Grape Cir | Single Family | 1,803 | B | |
4005 Sea Grape Cir | Single Family | 1,747 | B | |
3900 Riverside Way | Single Family | 2,077 | B | |
3940 Sea Grape Cir | Single Family | 1,747 | B | |
4030 Laurelwood Ln | Single Family | 1,755 | B | |
4035 Sabal Lakes Rd | Single Family | 1,747 | B | |
1355 Sabal Lakes Rd | Single Family | 2,464 | B | |
4015 Laurelwood Ln | Single Family | 2,177 | B | |
3960 Sea Grape Cir | Single Family | 2,240 | B | |
1180 Sea Grape Cir | Single Family | 2,801 | B | |
3800 Majestic Palm Way | Single Family | 2,535 | 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 63 of all properties in this area. This suggests it would appeal to someone earning around $82,619 per year who should qualify for a mortgage between $165,238 and $206,548.
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 63 of all properties in this area. This corresponds to a rent of $1,443 per month and a monthly household income of $4,394 ($52,728 per year)
Nearby Companies
3915 Laurelwood Ln
3915 Laurelwood Ln
3905 Sea Grape Cir
3905 Sea Grape Cir
1335 Sabal Lakes Rd
1355 Sabal Lakes Rd
1355 Sabal Lakes Rd
4055 Sabal Lakes Rd
4035 Laurelwood Ln
3965 Sea Grape Cir