162 Ne 5th 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%.
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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 | |
---|---|---|---|---|
154 Ne 5th Ave | Single Family | 1,135 | B | |
172 Ne 5th Ave | Single Family | 1,174 | B | |
182 Ne 5th Ave | Mixed use - store and office or store and residential or residential combination | 1,800 | B | |
151 Ne 5th Ave | Condominium | 1,493 | B | |
124 Ne 5th Ave | Vacant Commercial | 1,120 | B | |
153 Ne 4th Ave | Store, one story | 3,055 | B | |
145 Ne 4th Ave | Store, one story | 2,100 | A | |
190 Ne 5th Ave | Office building, non-professional service building, one story | 2,292 | B | |
143 Ne 4th Ave | Mixed use - store and office or store and residential or residential combination | 1,356 | B | |
120 Ne 5th Ave | Mixed use - store and office or store and residential or residential combination | 1,951 | B | |
131 Ne 4th Ave | Multi-family - less than 10 units | 1,673 | B | |
180 Ne 4th Ave Unit 207 | Condominium | 927 | B | |
180 Ne 4th Ave Unit 206 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 205 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 204 | Condominium | 927 | B | |
180 Ne 4th Ave Unit 203 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 202 | Condominium | 848 | B | |
180 Ne 4th Ave Apt 201 | Condominium | 1,206 | B | |
180 Ne 4th Ave Unit Cu-1 | Store, one story | 0 | L | |
180 Ne 4th Ave Unit 409 | Condominium | 1,281 | B | |
180 Ne 4th Ave Unit 408 | Condominium | 828 | B | |
180 Ne 4th Ave Unit 407 | Condominium | 927 | B | |
180 Ne 4th Ave Unit 405 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 406 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 404 | Condominium | 927 | B | |
180 Ne 4th Ave Unit 403 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 402 | Condominium | 848 | B | |
180 Ne 4th Ave Unit 401 | Condominium | 1,206 | B | |
180 Ne 4th Ave Unit 309 | Condominium | 1,281 | B | |
180 Ne 4th Ave Unit 308 | Condominium | 828 | B | |
180 Ne 4th Ave Unit 307 | Condominium | 927 | B | |
180 Ne 4th Ave Unit 306 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 208 | Condominium | 828 | B | |
180 Ne 4th Ave Unit 209 | Condominium | 1,281 | B | |
180 Ne 4th Ave Unit 301 | Condominium | 1,206 | B | |
180 Ne 4th Ave Unit 302 | Condominium | 848 | B | |
180 Ne 4th Ave Unit 303 | Condominium | 977 | B | |
180 Ne 4th Ave Unit 304 | Condominium | 927 | B | |
180 Ne 4th Ave Unit 305 | Condominium | 977 | B | |
185 Ne 4th Ave Ste 104 | Store, one story | 0 | L | |
185 Ne 4th Ave Ste 101 | Store, one story | 0 | L | |
185 Ne 4th Ave Unit 205 | Condominium | 1,185 | B | |
185 Ne 4th Ave Unit 305 | Condominium | 1,764 | B | |
185 Ne 4th Ave Unit 312 | Condominium | 1,769 | B | |
185 Ne 4th Ave Unit 307 | Condominium | 1,511 | B | |
185 Ne 4th Ave Unit 308 | Condominium | 1,784 | B | |
185 Ne 4th Ave Unit 309 | Condominium | 1,375 | B | |
185 Ne 4th Ave Unit 306 | Condominium | 1,246 | 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 82 of all properties in this area. This suggests it would appeal to someone earning around $136,783 per year who should qualify for a mortgage between $273,566 and $341,958.
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 82 of all properties in this area. This corresponds to a rent of $1,844 per month and a monthly household income of $5,501 ($66,012 per year)
Nearby Companies
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