3401 Spanish Trl, 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 | |
|---|---|---|---|---|
| 3411 Spanish Trl | Condominium | 1,040 | B |
 |
| 3421 Spanish Trl | Condominium | 1,000 | B |
|
| 205 Pelican Way | Single Family | 2,333 | B |
|
| 213 Pelican Way | Single Family | 2,482 | B |
|
| 3351 Spanish Trl | Condominium | 1,000 | B |
|
| 221 Pelican Way | Single Family | 2,196 | B |
|
| 229 Pelican Way | Single Family | 2,257 | B |
|
| 237 Pelican Way | Single Family | 2,207 | B |
|
| 3301 Spanish Trl | Condominium | 1,000 | B |
|
| 245 Pelican Way | Single Family | 1,928 | B |
|
| 234 Pelican Way | Single Family | 1,816 | B |
|
| 253 Pelican Way | Single Family | 2,330 | B |
|
| 220 Avenue L | Single Family | 1,765 | B |
|
| 200 Avenue L # 2 | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
| 222 Avenue L | Single Family | 1,765 | B |
|
| 200 Avenue L | Single Family | 1,640 | B |
|
| 230 Avenue L | Multi-family - less than 10 units | 2,920 | B |
|
| 207 Tropic Isle Dr | Condominium | 883 | B |
|
| 261 Pelican Way | Single Family | 1,851 | B |
|
| 3473 Harbor Cir | Single Family | 1,966 | B |
|
| 3512 Ensign Cir | Single Family | 1,974 | B |
|
| 240 Avenue L | Multi-family - less than 10 units | 3,963 | B |
|
| Admirals Prt | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 3481 Harbor Cir | Single Family | 2,368 | B |
|
| 244 Avenue L | Single Family | 2,105 | B |
|
| 701 Avenue L | Condominium | 1,268 | B |
|
| 269 Pelican Way | Single Family | 2,258 | B |
|
| 246 Avenue L | Single Family | 2,113 | 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 25 of all properties in this area. This suggests it would appeal to someone earning around $34,734 per year who should qualify for a mortgage between $69,468 and $86,835.
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 25 of all properties in this area. This corresponds to a rent of $927 per month and a monthly household income of $2,834 ($34,008 per year)
Nearby Companies
200 Avenue L
200 Avenue L
200 Avenue L
3582 Ensign Cir
3582 Ensign Cir
3582 Ensign Cir
3582 Ensign Cir
3582 Ensign Cir
3489 Harbor Cir
269 Pelican Way
253 Pelican Way
213 Pelican Way
213 Pelican Way
213 Pelican Way
213 Pelican Way
213 Pelican Way
213 Pelican Way
3421 Spanish Trl
207 Tropic Isle Dr
207 Tropic Isle Dr