1011 Langer Way, 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 | |
|---|---|---|---|---|
| 1015 Langer Way | Single Family | 2,078 | B |
 |
| 1009 Langer Way | Single Family | 1,480 | B |
|
| 1010 Bay St | Single Family | 3,476 | B |
|
| 1012 Bay St | Single Family | 3,514 | B |
|
| 1014 Bay St | Single Family | 3,476 | B |
|
| 1016 Bay St | Single Family | 3,514 | B |
|
| 1018 Bay St | Single Family | 3,476 | B |
|
| 1020 Bay St | Single Family | 3,476 | B |
|
| 1030 Langer Way | Condominium | 719 | B |
|
| 1029 Langer Way | Condominium | 934 | B |
|
| 1025 Langer Way Apt 1 | Cooperative | 680 | B |
|
| 1025 Langer Way | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 1022 Bay St | Single Family | 3,514 | B |
|
| 1019 Bay St | Condominium | 1,600 | B |
|
| 1017 Bay St | Condominium | 1,600 | B |
|
| 1024 Bay St | Single Family | 3,476 | B |
|
| 315 Venetian Dr | Condominium | 1,170 | B |
|
| 314 Venetian Dr | Condominium | 618 | B |
|
| 1014 Langer Way | Single Family | 1,375 | B |
|
| 301 Venetian Dr | Condominium | 1,170 | B |
|
| 1020 Langer Way | Single Family | 894 | B |
|
| 1026 Bay St | Single Family | 3,514 | B |
|
| 1002 Langer Way | Single Family | 1,375 | B |
|
| 1011 Bay St | Single Family | 2,570 | B |
|
| 1012 Langer Way | Single Family | 1,428 | B |
|
| 245 Venetian Dr | Multi-family - less than 10 units | 8,731 | A |
|
| 1004 Langer Way | Single Family | 1,428 | B |
|
| 1028 Bay St | Single Family | 3,476 | B |
|
| 1023 Bay St | Single Family | 1,754 | B |
|
| 302 Venetian Dr | Single Family | 5,144 | A |
|
| 1008 Langer Way | Single Family | 1,392 | B |
|
| 1010 Langer Way | Single Family | 1,388 | B |
|
| 344 Venetian Dr | Condominium | 700 | B |
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| 336 Venetian Dr | Condominium | 2,048 | B |
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| 300 Venetian Dr | Single Family | 5,113 | A |
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| 1006 Langer Way | Single Family | 1,372 | B |
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| 1027 Bay St | Single Family | 2,023 | B |
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| 260 Venetian Dr | Single Family | 2,330 | B |
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| 258 Venetian Dr | Single Family | 2,330 | B |
|
| 1010 Nassau St | Single Family | 1,833 | B |
|
| 250 Gleason St | Single Family | 2,528 | B |
|
| 233 Venetian Dr | Single Family | 1,900 | B |
|
| 1018 Nassau St | Single Family | 1,485 | B |
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| 256 Venetian Dr | Single Family | 2,330 | B |
|
| 303 Gleason St | Condominium | 390 | B |
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| 254 Venetian Dr | Single Family | 2,330 | B |
|
| 1022 Nassau St | Single Family | 1,756 | B |
|
| 1009 Casuarina Rd | Multi-family - less than 10 units | 6,188 | B |
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| 1001 Casuarina Rd | Multi-family - less than 10 units | 3,198 | 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 55 of all properties in this area. This suggests it would appeal to someone earning around $107,654 per year who should qualify for a mortgage between $215,308 and $269,135.
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 55 of all properties in this area. This corresponds to a rent of $1,476 per month and a monthly household income of $4,716 ($56,592 per year)
Nearby Companies
1006 Casuarina
124-128 Gleason St
1160-1190 Nassau St
1011 Bay St
1011 Bay St
1011 Bay St
1011 Bay St
314 Venetian Dr
336 Venetian Dr
336 Venetian Dr Apt 4
344 Venetian Dr
1001 Casuarina Rd
1001 Casuarina Rd
1006 Casuarina Rd
1025 Langer Way
256 Venetian Dr
303 Gleason St
303 Gleason St #10
3260 Delray Bay Dr
252 Venetian Dr