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 
314 Se 4th Ave Vacant Residential 0 L
304 Se 4th Ave Single Family 1,579 C
320 Se 4th Ave Single Family 1,603 B
311 Se 3rd Ave Multi-family - less than 10 units 1,785 B
304 Se 3rd St Multi-family - less than 10 units 3,118 B
319 Se 3rd Ave Single Family 1,273 B
307 Se 4th Ave Single Family 0 B
309 Se 4th Ave Vacant Residential 0 L
305 Se 4th Ave Single Family 1,462 B
322 Se 4th Ave Multi-family - less than 10 units 3,142 B
317 Se 4th Ave Single Family 1,279 B
301 Se 4th Ave Single Family 1,472 B
246 Se 4th Ave Multi-family - less than 10 units 1,213 B
311 Se 3rd St Vacant Residential 1,110 L
323 Se 3rd Ave Single Family 1,891 B
321 Se 4th Ave Single Family 1,169 B
307 Se 3rd St Multi-family - less than 10 units 1,386 B
327 Se 4th Ave Single Family 2,384 B
327 Se 3rd Ave Multi-family - less than 10 units 1,125 B
245 Se 4th Ave Multi-family - less than 10 units 1,401 B
330 Se 4th Ave Single Family 1,192 B
247 Se 3rd Ave Single Family 2,017 B
238 Se 4th Ave Single Family 1,015 B
331 Se 4th Ave Single Family 2,248 B
405 Se 3rd St Single Family 1,767 B
331 Se 3rd Ave Multi-family - less than 10 units 1,387 B
318 Se 5th Ave Multi-family - less than 10 units 1,950 B
310 Se 3rd Ave Single Family 1,964 B
314 Se 3rd Ave Single Family 1,964 B
304 Se 3rd Ave Single Family 807 B
302 Se 5th Ave Office building, non-professional service building, one story 2,444 B
239 Se 3rd Ave Single Family 1,269 B
318 Se 3rd Ave Single Family 1,964 B
338 Se 5th Ave Vacant Commercial 0 L
214 Se 3rd St Single Family 1,590 B
338 Se 4th Ave Single Family 1,492 B
237 Se 4th Ave Single Family 2,272 B
346 Se 5th Ave Office building, non-professional service building, one story 800 B
236 Se 4th Ave Single Family 960 B
322 Se 3rd Ave Multi-family - less than 10 units 1,533 B
339 Se 3rd Ave Single Family 863 B
354 Se 5th Ave Vacant Commercial 1,088 L
246 Se 3rd Ave Single Family 1,602 B
333 Se 4th Ave Vacant Residential 0 L
344 Se 4th Ave Multi-family - less than 10 units 1,440 B
330 Se 3rd Ave Single Family 1,534 B
233 Se 4th Ave Single Family 1,474 B
366 Se 5th Ave Office building, non-professional service building, one story 1,627 B
231 Se 3rd Ave Single Family 1,844 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 40 of all properties in this area. This suggests it would appeal to someone earning around $49,736 per year who should qualify for a mortgage between $99,472 and $124,340.

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 40 of all properties in this area. This corresponds to a rent of $1,084 per month and a monthly household income of $3,335 ($40,020 per year)

Nearby Companies

130 Se 14th Ave. LLC
237 Se 4th Ave
Bronzedepsales LLC
331 Se 4th Ave
Delgado Landscaping, Inc.
338 Se 4th Ave
Gosunandwind LLC
247 Se 3rd Ave
Something In Between, LLC
247 Se 3rd Ave
750 Ne 69th Street, LLC
333 Se 2nd Ave
The Monelllo Group, LLC
333 Se 2nd Ave
Boca Valley Realty, Inc.
333 Se 2nd Ave
Disclaimers and Disclosures

Public Records Data

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