513 Shady Pine Way, 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:
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 | |
|---|---|---|---|---|
| 510 Shady Pine Way | Condominium | 1,115 | B |
 |
| 511 Shady Pine Way | Condominium | 1,115 | B |
|
| 512 Shady Pine Way | Condominium | 1,115 | B |
|
| 517 Shady Pine Way | Condominium | 1,115 | B |
|
| 516 Shady Pine Way | Condominium | 1,115 | B |
|
| 514 Shady Pine Way | Condominium | 1,115 | B |
|
| 515 Shady Pine Way | Condominium | 1,115 | B |
|
| 508 Shady Pine Way | Condominium | 1,115 | B |
|
| 509 Shady Pine Way | Condominium | 1,115 | B |
|
| 505 Shady Pine Way | Condominium | 1,115 | B |
|
| 504 Shady Pine Way | Condominium | 1,115 | B |
|
| 503 Shady Pine Way | Condominium | 1,115 | B |
|
| 502 Shady Pine Way | Condominium | 991 | B |
|
| 501 Shady Pine Way | Condominium | 1,115 | B |
|
| 506 Shady Pine Way | Condominium | 788 | B |
|
| 507 Shady Pine Way | Condominium | 788 | B |
|
| 522 Shady Pine Way | Condominium | 1,115 | B |
|
| 521 Shady Pine Way | Condominium | 1,115 | B |
|
| 519 Shady Pine Way | Condominium | 1,115 | B |
|
| 520 Shady Pine Way | Condominium | 1,115 | B |
|
| 523 Shady Pine Way | Condominium | 1,115 | B |
|
| 518 Shady Pine Way | Condominium | 1,115 | B |
|
| 526 Shady Pine Way | Condominium | 1,115 | B |
|
| 525 Shady Pine Way | Condominium | 1,115 | B |
|
| 524 Shady Pine Way | Condominium | 991 | B |
|
| 528 Shady Pine Way | Condominium | 1,115 | B |
|
| 527 Shady Pine Way | Condominium | 1,115 | B |
|
| 529 Shady Pine Way | Condominium | 1,115 | B |
|
| 535 Shady Pine Way | Condominium | 1,115 | B |
|
| 534 Shady Pine Way | Condominium | 788 | B |
|
| 533 Shady Pine Way | Condominium | 1,115 | B |
|
| 532 Shady Pine Way | Condominium | 1,115 | B |
|
| 531 Shady Pine Way | Condominium | 1,115 | B |
|
| 530 Shady Pine Way | Condominium | 1,115 | B |
|
| 536 Shady Pine Way | Condominium | 1,115 | B |
|
| 537 Shady Pine Way | Condominium | 1,115 | B |
|
| 539 Shady Pine Way | Condominium | 991 | B |
|
| 538 Shady Pine Way # C | Condominium | 1,370 | B |
|
| 541 Shady Pine Way | Condominium | 1,370 | B |
|
| 540 Shady Pine Way | Condominium | 1,370 | B |
|
| 538 Shady Pine Way | Condominium | 1,370 | B |
|
| 544 Shady Pine Way | Condominium | 1,370 | B |
|
| 542 Shady Pine Way | Condominium | 1,370 | B |
|
| 543 Shady Pine Way | Condominium | 1,370 | B |
|
Local Household Income
The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.
The tax assessed value of this property places it in percentile 18 of all properties in this area. This suggests it would appeal to someone earning around $21,530 per year who should qualify for a mortgage between $43,060 and $53,825.
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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 18 of all properties in this area. This corresponds to a rent of $796 per month and a monthly household income of $2,138 ($25,656 per year)
Nearby Companies
500 Shady Pine Way
505 Shady Pine Way
505 Shady Pine Ln
505 Shady Pine Way Unit C1
509 Shady Pine Way
511 Shady Pine Way
515 Shady Pine Way
521 Shady Pine Way Apt D2
523 Shady Pine Way
523 Shady Pine Way
520 Shady Pine Way
531 Shady Pine Way