2874 Se 1st Ct, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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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 | |
|---|---|---|---|---|
| 2867 Se 1st Ct | Single Family | 2,106 | B |
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| 2876 Se 1st Ct | Single Family | 2,205 | B |
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| 2848 Se 1st Ct | Single Family | 1,542 | B |
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| 2859 Se 1st Ct | Single Family | 1,861 | B |
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| 2880 Se 1st Ct | Single Family | 2,067 | B |
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| 2869 Se 1st Pl | Single Family | 1,625 | B |
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| 2860 S Seacrest Blvd | Professional service building | 1,678 | B |
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| 2873 Se 1st Pl | Single Family | 1,286 | B |
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| 2865 Se 1st Pl | Single Family | 1,869 | B |
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| 2845 Se 1st Ct | Single Family | 1,953 | B |
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| 2862 S Seacrest Blvd | Single Family | 1,875 | B |
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| 2884 Se 1st Ct | Single Family | 1,720 | B |
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| 2885 Se 1st Ct | Single Family | 2,180 | B |
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| 2848 S Seacrest Blvd | Professional service building | 2,309 | B |
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| 2877 Se 1st Pl | Single Family | 1,458 | B |
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| 2840 Se 1st Ct | Single Family | 1,836 | B |
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| 2861 Se 1st Pl | Single Family | 1,384 | B |
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| 2828 S Seacrest Blvd | Professional service building | 29,986 | B |
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| 2866 S Seacrest Blvd | Single Family | 1,877 | B |
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| 2837 Se 1st Ct | Single Family | 2,155 | B |
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| 2888 Se 1st Ct | Single Family | 1,543 | B |
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| 2881 Se 1st Pl | Single Family | 2,445 | B |
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| 2859 Se 1st Pl | Single Family | 1,614 | B |
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| 2870 S Seacrest Blvd | Single Family | 1,739 | B |
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| 122 Se 27th Pl | Single Family | 1,753 | B |
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| 2885 Se 1st Pl | Single Family | 1,503 | B |
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| 2829 Se 1st Ct | Single Family | 1,384 | B |
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| 121 Se 27th Way | Single Family | 1,208 | B |
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| 2890 Se 1st Ct | Single Family | 1,616 | B |
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| 2857 Se 1st Pl | Single Family | 1,462 | B |
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| 2893 Se 1st Ct | Single Family | 2,332 | B |
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| 126 Se 28th Ct | Single Family | 2,275 | B |
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| 125 Se 27th Pl | Single Family | 1,650 | B |
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| 2868 S Seacrest Blvd | Single Family | 2,024 | B |
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| 2889 Se 1st Pl | Single Family | 1,136 | B |
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| 2882 Se 1st Pl | Single Family | 2,187 | B |
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| 2810 Se 1st Ct | Single Family | 1,989 | B |
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| 128 Se 27th Pl | Single Family | 2,060 | B |
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| 2815 Se 1st Ct | Single Family | 1,815 | B |
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| 2896 Se 1st Ct | Single Family | 1,716 | B |
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| 127 Se 27th Way | Single Family | 1,933 | B |
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| 122 Se 27th Ct | Single Family | 1,565 | B |
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| 2886 Se 1st Pl | Single Family | 1,294 | B |
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| 129 Se 27th Pl | Single Family | 1,357 | B |
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Local Household Income
The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.
The tax assessed value of this property places it in percentile 79 of all properties in this area. This suggests it would appeal to someone earning around $128,160 per year who should qualify for a mortgage between $256,320 and $320,400.
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 $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 79 of all properties in this area. This corresponds to a rent of $1,631 per month and a monthly household income of $5,282 ($63,384 per year)
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