514 Heron Dr, 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 | |
|---|---|---|---|---|
| 510 Heron Dr | Single Family | 2,287 | B |
 |
| 518 Heron Dr | Single Family | 1,341 | B |
|
| 519 Lindell Blvd | Single Family | 2,435 | B |
|
| 523 Lindell Blvd | Vacant Residential | 0 | L | |
| 513 Lindell Blvd | Single Family | 1,378 | B |
|
| 513 Heron Dr | Single Family | 1,622 | B |
|
| 506 Heron Dr | Single Family | 2,282 | B |
|
| 527 Lindell Blvd | Single Family | 2,144 | B |
|
| 522 Heron Dr | Single Family | 1,577 | B |
|
| 517 Heron Dr | Single Family | 1,782 | B |
|
| 509 Heron Dr | Single Family | 2,125 | B |
|
| 507 Lindell Blvd | Single Family | 1,514 | B |
|
| 505 Heron Dr | Single Family | 1,639 | B |
|
| 521 Heron Dr | Single Family | 2,076 | B |
|
| 531 Lindell Blvd | Single Family | 1,966 | B |
|
| 596 Heron Dr | Single Family | 2,061 | B |
|
| 502 Heron Dr | Single Family | 2,801 | B |
|
| 510 Ibis Dr | Single Family | 1,911 | B |
|
| 514 Ibis Dr | Single Family | 1,713 | B |
|
| 501 Lindell Blvd | Single Family | 1,866 | B |
|
| 525 Heron Dr | Single Family | 2,140 | B |
|
| 501 Heron Dr | Single Family | 1,756 | B |
|
| 506 Ibis Dr | Single Family | 1,610 | B |
|
| 537 Lindell Blvd | Single Family | 1,192 | B |
|
| 518 Ibis Dr | Single Family | 1,161 | B |
|
| 520 Lindell Blvd | Single Family | 2,188 | B |
|
| 524 Lindell Blvd | Single Family | 1,719 | B |
|
| 516 Lindell Blvd | Single Family | 1,580 | B |
|
| 530 Heron Dr | Single Family | 1,876 | B |
|
| 528 Lindell Blvd | Single Family | 2,477 | B |
|
| 502 Ibis Dr | Single Family | 1,532 | B |
|
| 512 Lindell Blvd | Single Family | 1,577 | B |
|
| 522 Ibis Dr | Single Family | 1,265 | B |
|
| 597 Heron Dr | Single Family | 2,032 | B |
|
| 601 Lindell Blvd | Single Family | 1,660 | B |
|
| 532 Lindell Blvd | Single Family | 2,254 | B |
|
| 508 Lindell Blvd | Single Family | 1,964 | B |
|
| 526 Ibis Dr | Single Family | 1,594 | B |
|
| 602 Heron Dr | Single Family | 1,384 | B |
|
| 626 Avocet Rd | Single Family | 3,164 | B |
|
| 601 Heron Dr | Single Family | 1,880 | B |
|
| 509 Ibis Dr | Single Family | 1,357 | B |
|
| 513 Ibis Dr | Single Family | 1,630 | B |
|
| 605 Lindell Blvd | Single Family | 1,459 | B |
|
| 505 Ibis Dr | Single Family | 2,287 | B |
|
| 502 Lindell Blvd | Single Family | 1,577 | B |
|
| 3133 Albatross Rd | Multi-family - less than 10 units | 2,153 | B |
|
| 3125 Albatross Rd | Multi-family - less than 10 units | 2,081 | B |
|
| 3137 Albatross Rd | Multi-family - less than 10 units | 2,252 | 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 56 of all properties in this area. This suggests it would appeal to someone earning around $71,857 per year who should qualify for a mortgage between $143,714 and $179,643.
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 56 of all properties in this area. This corresponds to a rent of $1,316 per month and a monthly household income of $4,105 ($49,260 per year)
Nearby Companies
11741 Albatross Ln
11732 Albatross Ln
3133 Albatross Rd
626 Avocet Rd
532 Lindell Blvd
528 Lindell Blvd
520 Lindell Blvd
520 Lindell Blvd
520 Lindell Blvd
512 Lindell Blvd
508 Lindell Blvd
508 Lindell Blvd
502 Lindell Blvd
502 Lindell Blvd
606 Heron Dr
597 Heron Dr
601 Heron Dr
605 Heron Dr
605 Heron Dr
505 Heron Dr
501 Heron Dr