129 Hammocks Dr, 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 | |
|---|---|---|---|---|
| 127 Hammocks Dr | Single Family | 1,934 | B |
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| 131 Hammocks Dr | Single Family | 1,826 | B |
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| 133 Hammocks Dr | Single Family | 2,045 | B |
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| 125 Hammocks Dr | Single Family | 2,141 | B |
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| 128 Hammocks Dr | Single Family | 1,968 | B |
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| 135 Hammocks Dr | Single Family | 1,634 | B |
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| 123 Hammocks Dr | Single Family | 2,561 | B |
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| 126 Hammocks Dr | Single Family | 2,677 | B |
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| 125 Hammocks Ct | Single Family | 1,769 | B |
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| 123 Hammocks Ct | Single Family | 2,586 | B |
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| 137 Hammocks Dr | Single Family | 1,841 | B |
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| 121 Hammocks Dr | Single Family | 1,939 | B |
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| 127 Hammocks Ct | Single Family | 1,811 | B |
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| 121 Hammocks Ct | Single Family | 1,921 | B |
|
| 111 Hammocks Ct | Single Family | 1,943 | B |
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| 113 Hammocks Ct | Single Family | 2,038 | B |
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| 129 Hammocks Ct | Single Family | 2,014 | B |
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| 108 Crosswinds Dr # | Condominium | 1,449 | B |
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| 109 Crosswinds Dr # | Condominium | 1,449 | B |
|
| 110 Crosswinds Dr # | Condominium | 1,449 | B |
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| 102 Crosswinds Dr # | Condominium | 1,449 | B |
|
| 200 Crosswinds Dr | Condominium | 1,298 | B |
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| 107 Crosswinds Dr | Condominium | 1,449 | B |
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| 106 Crosswinds Dr # | Condominium | 1,449 | B |
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| 105 Crosswinds Dr # | Condominium | 1,449 | B |
|
| 101 Crosswinds Dr # | Condominium | 1,449 | B |
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| 103 Crosswinds Dr # | Condominium | 1,449 | B |
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| 104 Crosswinds Dr # | Condominium | 1,449 | B |
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| 115 Hammocks Ct | Single Family | 1,816 | B |
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| 119 Hammocks Ct | Single Family | 1,804 | B |
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| 139 Hammocks Dr | Single Family | 2,664 | B |
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| 131 Hammocks Ct | Single Family | 2,051 | B |
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| 119 Hammocks Dr | Single Family | 2,493 | B |
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| 300 Crosswinds Dr | Condominium | 1,162 | B |
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| 117 Hammocks Ct | Single Family | 2,401 | B |
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| 133 Hammocks Ct | Single Family | 1,646 | B |
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| 141 Hammocks Dr | Single Family | 1,644 | B |
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| 126 Hammocks Ct | Single Family | 2,462 | B |
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| 128 Hammocks Ct | Single Family | 2,259 | B |
|
| 130 Hammocks Ct | Single Family | 1,949 | B |
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| 124 Hammocks Ct | Single Family | 2,501 | B |
|
| 400 Crosswinds Dr | Condominium | 1,298 | B |
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| 106 Hammocks Ct | Single Family | 2,484 | B |
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| 702 Crosswinds Dr | Condominium | 1,449 | B |
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| 703 Crosswinds Dr | Condominium | 1,449 | B |
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| 704 Crosswinds Dr | Condominium | 1,449 | B |
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| 705 Crosswinds Dr | Condominium | 1,449 | B |
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| 707 Crosswinds Dr | Condominium | 1,449 | B |
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| 701 Crosswinds Dr | Condominium | 1,449 | 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 46 of all properties in this area. This suggests it would appeal to someone earning around $54,365 per year who should qualify for a mortgage between $108,730 and $135,913.
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 46 of all properties in this area. This corresponds to a rent of $1,008 per month and a monthly household income of $2,621 ($31,452 per year)
Nearby Companies
500 Crosswinds Drive A1
101 Crosswinds Dr
104 Hammocks Ct
112 Hammocks Ct
500 Croswinds Dr
123 Hammocks Ct
126 Hammocks Ct