3025 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%.
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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 | |
|---|---|---|---|---|
| 909 Jasmine Dr | Single Family | 4,149 | A |
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| 3009 Spanish Trl | Single Family | 2,466 | B |
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| 3107 Spanish Trl | Condominium | 1,184 | B |
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| 3105 Spanish Trl | Condominium | 1,184 | B |
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| 3101 Spanish Trl | Condominium | 1,184 | B |
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| 3103 Spanish Trl | Condominium | 1,184 | B |
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| 3115 Spanish Trl | Condominium | 1,184 | B |
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| 3113 Spanish Trl | Condominium | 1,184 | B |
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| 3109 Spanish Trl | Condominium | 1,184 | B |
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| 3111 Spanish Trl | Condominium | 1,184 | B |
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| 3020 Spanish Trl | Single Family | 1,794 | B |
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| 3018 Spanish Trl | Single Family | 1,794 | B |
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| 3024 Spanish Trl | Single Family | 1,872 | B |
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| 910 Jasmine Dr | Single Family | 3,483 | A |
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| 3016 Spanish Trl | Single Family | 1,794 | B |
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| 911 Jasmine Dr | Single Family | 3,142 | A |
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| 3100 Spanish Trl | Single Family | 1,794 | B |
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| 3001 Spanish Trl | Single Family | 3,026 | B |
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| 3121 Spanish Trl | Condominium | 1,184 | B |
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| 3123 Spanish Trl | Condominium | 1,184 | B |
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| 3119 Spanish Trl | Condominium | 1,184 | B |
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| 3014 Spanish Trl | Single Family | 2,002 | B |
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| 3106 Spanish Trl | Single Family | 1,794 | B |
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| 3131 Spanish Trl | Condominium | 1,184 | B |
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| 3129 Spanish Trl | Condominium | 1,184 | B |
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| 3125 Spanish Trl | Condominium | 1,184 | B |
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| 3010 Spanish Trl | Single Family | 1,794 | B |
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| 906 Iris Dr | Single Family | 4,200 | A |
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| 3127 Spanish Trl | Condominium | 1,184 | B |
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| 3110 Spanish Trl | Single Family | 1,794 | B |
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| 3133 Spanish Trl | Condominium | 1,184 | B |
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| 3135 Spanish Trl | Condominium | 1,184 | B |
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| 3137 Spanish Trl | Condominium | 1,184 | B |
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| 3139 Spanish Trl | Condominium | 1,184 | B |
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| 3006 Spanish Trl | Single Family | 2,090 | B |
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| 3000 Jasmine Ter | Single Family | 2,821 | B |
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| 3021 Florida Blvd | Multi-family - less than 10 units | 3,754 | B |
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| 3114 Spanish Trl | Single Family | 1,794 | B |
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| 908 Iris Dr | Single Family | 4,445 | A |
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| 3101 Florida Blvd | Multi-family - less than 10 units | 4,176 | B |
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| 915 Jasmine Dr | Single Family | 3,937 | A |
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| 3000 Spanish Trl | Single Family | 1,933 | B |
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| 3015 Florida Blvd | Multi-family - less than 10 units | 3,773 | B |
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| 3111 Florida Blvd | Single Family | 1,866 | B |
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| 3116 Spanish Trl | Single Family | 1,794 | B |
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| 3113 Florida Blvd | Single Family | 1,876 | B |
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| 3003 Florida Blvd | Multi-family - less than 10 units | 2,930 | B |
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| 3118 Spanish Trl | Single Family | 1,794 | B |
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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 98 of all properties in this area. This suggests it would appeal to someone earning around $448,210 per year who should qualify for a mortgage between $896,420 and $1,120,525.
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 98 of all properties in this area. This corresponds to a rent of $3,388 per month and a monthly household income of $9,422 ($113,064 per year)
Nearby Companies
920 Jasmine Dr
3011 Jasmine Ter
920 Iris Dr
906 Iris Dr
913 Iris Dr
928 Iris Dr
3118 Florida Blvd
3118 Florida Blvd
3118 Florida Blvd
3118 Florida Blvd
3118 Florida Blvd #B202
3127 Spanish Trl
3118 Spanish Trl
3118 Spanish Trl
3025 Spanish Trl
3000 Florida Blvd
3000 Florida Blvd
3000 Florida Blvd
3020 Florida Blvd
3020 Florida Blvd
3015 Florida Blvd
3015 Florida Blvd
3015 Florida Blvd
3015 Florida Blvd
895 Iris Dr
3016 Spanish Trl