3001 Cormorant 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%.
Delray Beach links:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2925 Cormorant Rd | Single Family | 1,811 | B |
 |
| 3007 Cormorant Rd | Single Family | 2,013 | B |
|
| 2919 Cormorant Rd | Single Family | 1,910 | B |
|
| 3013 Cormorant Rd | Single Family | 3,156 | B |
|
| 1311 Hummingbird Dr | Single Family | 1,636 | B |
|
| 2924 Cormorant Rd | Single Family | 1,964 | B |
|
| 3010 Cormorant Rd | Single Family | 1,989 | B |
|
| 640 Eagle Dr | Single Family | 1,770 | B |
|
| 2913 Cormorant Rd | Single Family | 1,636 | B |
|
| 3019 Cormorant Rd | Single Family | 1,783 | B |
|
| 644 Eagle Dr | Single Family | 1,822 | B |
|
| 2918 Cormorant Rd | Single Family | 1,653 | B |
|
| 638 Eagle Dr | Single Family | 1,563 | B |
|
| 1317 Hummingbird Dr | Single Family | 1,854 | B |
|
| 648 Eagle Dr | Single Family | 1,751 | B |
|
| 3016 Cormorant Rd | Single Family | 2,108 | B |
|
| 634 Eagle Dr | Single Family | 1,866 | B |
|
| 2912 Cormorant Rd | Single Family | 1,746 | B |
|
| 2907 Cormorant Rd | Single Family | 2,044 | B |
|
| 3025 Cormorant Rd | Single Family | 2,742 | B |
|
| 1318 Hummingbird Dr | Single Family | 2,146 | B |
|
| 652 Eagle Dr | Single Family | 1,563 | B |
|
| 1323 Hummingbird Dr | Single Family | 2,303 | B |
|
| 1394 Gallinule Cir | Single Family | 2,015 | B |
|
| 3022 Cormorant Rd | Single Family | 2,147 | B |
|
| 630 Eagle Dr | Single Family | 1,870 | B |
|
| 3031 Phoebe Ln | Single Family | 2,168 | B |
|
| 1388 Gallinule Cir | Single Family | 2,147 | B |
|
| 2906 Cormorant Rd | Single Family | 1,965 | B |
|
| 656 Eagle Dr | Single Family | 1,899 | B |
|
| 2901 Cormorant Rd | Single Family | 1,678 | B |
|
| 3031 Cormorant Rd | Single Family | 2,364 | B |
|
| 3021 Eagle Dr | Single Family | 2,547 | B |
|
| 1401 Hummingbird Dr | Single Family | 1,817 | B |
|
| 3001 Eagle Dr | Single Family | 2,098 | B |
|
| 3037 Phoebe Ln | Single Family | 1,694 | B |
|
| 626 Eagle Dr | Single Family | 1,847 | B |
|
| 1402 Gallinule Cir | Single Family | 2,146 | B |
|
| 3045 Eagle Dr | Single Family | 1,941 | B |
|
| 3100 Cormorant Rd | Single Family | 1,733 | B |
|
| 2995 Eagle Dr | Single Family | 1,667 | B |
|
| 1322 Gallinule Cir | Single Family | 2,433 | B |
|
| 3065 Eagle Dr | Single Family | 2,139 | B |
|
| 660 Eagle Dr | Single Family | 2,076 | B |
|
| 2871 Cormorant Rd | Single Family | 1,715 | B |
|
| 3107 Cormorant Rd | Single Family | 2,162 | B |
|
| 1404 Phoebe Ln | Single Family | 2,139 | B |
|
| 2963 Eagle Dr | Single Family | 1,945 | 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 71 of all properties in this area. This suggests it would appeal to someone earning around $97,364 per year who should qualify for a mortgage between $194,728 and $243,410.
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 71 of all properties in this area. This corresponds to a rent of $1,589 per month and a monthly household income of $4,697 ($56,364 per year)
Nearby Companies
3022 Cormorant Rd
1404 Phoebe Ln
3113 Cormorant Road East
3107 Cormorant Road E
1323 Hummingbird Dr
640 Eagle Dr
1311 Hummingbird Dr
1401 Hummingbird Dr
2924 Cormorant Rd
1408 Gallinule Cir
1408 Gallinule Cir