1018 Cape Cod Ter, Greenacres
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
Lake Worth 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 | |
|---|---|---|---|---|
| 1014 Cape Cod Ter | Single Family | 1,744 | B |
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| 1022 Cape Cod Ter | Single Family | 1,781 | B |
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| 1087 Salmon Isle | Single Family | 1,781 | B |
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| 1089 Salmon Isle | Single Family | 1,781 | B |
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| 1085 Salmon Isle | Single Family | 1,803 | B |
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| 1017 Cape Cod Ter | Single Family | 1,803 | B |
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| 1010 Cape Cod Ter | Single Family | 2,012 | B |
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| 1026 Cape Cod Ter | Single Family | 1,803 | B |
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| 1013 Cape Cod Ter | Single Family | 1,803 | B |
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| 1021 Cape Cod Ter | Single Family | 1,744 | B |
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| 1091 Salmon Isle | Single Family | 2,012 | B |
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| 1083 Salmon Isle | Single Family | 1,781 | B |
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| 1009 Cape Cod Ter | Single Family | 1,781 | B |
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| 1025 Cape Cod Ter | Single Family | 1,744 | B |
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| 1006 Cape Cod Ter | Single Family | 1,779 | B |
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| 1030 Cape Cod Ter | Single Family | 1,744 | B |
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| 1005 Cape Cod Ter | Single Family | 1,781 | B |
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| 1033 Salmon Isle | Single Family | 1,652 | B |
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| 1029 Cape Cod Ter | Single Family | 2,014 | B |
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| 1086 Salmon Isle | Single Family | 1,781 | B |
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| 1081 Salmon Isle | Single Family | 2,012 | B |
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| 1031 Salmon Isle | Single Family | 2,245 | B |
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| 1084 Salmon Isle | Single Family | 2,012 | B |
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| 1088 Salmon Isle | Single Family | 1,769 | B |
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| 1002 Cape Cod Ter | Single Family | 1,803 | B |
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| 1034 Cape Cod Ter | Single Family | 1,827 | B |
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| 1029 Salmon Isle | Single Family | 1,781 | B |
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| 1037 Salmon Isle | Single Family | 1,781 | B |
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| 1082 Salmon Isle | Single Family | 1,779 | B |
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| 1090 Salmon Isle | Single Family | 1,744 | B |
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| 1001 Cape Cod Ter | Single Family | 2,012 | B |
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| 1033 Cape Cod Ter | Single Family | 2,012 | B |
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| 1099 Salmon Isle | Single Family | 1,744 | B |
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| 1079 Salmon Isle | Single Family | 2,012 | B |
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| 1027 Salmon Isle | Single Family | 1,652 | B |
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| 1039 Salmon Isle | Single Family | 1,803 | B |
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| 1080 Salmon Isle | Single Family | 1,779 | B |
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| 1092 Salmon Isle | Single Family | 1,795 | B |
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| 1038 Cape Cod Ter | Single Family | 2,012 | B |
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| 1037 Cape Cod Ter | Single Family | 1,863 | B |
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| 1007 Salmon Isle | Single Family | 1,795 | B |
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| 1025 Salmon Isle | Single Family | 2,136 | B |
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| 1041 Salmon Isle | Single Family | 1,781 | B |
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| 1011 Salmon Isle | Single Family | 1,803 | B |
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| 1005 Salmon Isle | Single Family | 2,012 | B |
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| 1077 Salmon Isle | Single Family | 1,779 | B |
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| 1078 Salmon Isle | Single Family | 2,014 | B |
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| 1032 Salmon Isle | Single Family | 1,747 | B |
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| 1094 Salmon Isle | Single Family | 2,012 | B |
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Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 54 of all properties in this area. This suggests it would appeal to someone earning around $63,515 per year who should qualify for a mortgage between $127,030 and $158,788.
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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 54 of all properties in this area. This corresponds to a rent of $1,066 per month and a monthly household income of $2,811 ($33,732 per year)
Nearby Companies
1096 Salmon Isle
1080 Salmon Isle
5633 Semonile Blvd
1005 Salmon Isle
1038 Cape Cod Ter
1007 Salmon Isle
1034 Cape Cod Ter