718 Place Chateau, 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 | |
|---|---|---|---|---|
| 712 Place Chateau | Single Family | 1,811 | B |
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| 724 Place Chateau | Single Family | 2,180 | B |
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| 3525 Chatelaine Blvd | Single Family | 2,048 | B |
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| 3519 Chatelaine Blvd | Single Family | 1,816 | B |
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| 3531 Chatelaine Blvd | Single Family | 2,467 | B |
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| 706 Place Chateau | Single Family | 1,902 | B |
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| 737 Place Chateau | Single Family | 2,141 | B |
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| 731 Place Chateau | Single Family | 2,338 | B |
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| 730 Place Chateau | Single Family | 1,914 | B |
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| 3513 Chatelaine Blvd | Single Family | 2,011 | B |
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| 725 Place Chateau | Single Family | 2,427 | B |
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| 3601 Chatelaine Blvd | Single Family | 1,901 | B |
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| 719 Place Chateau | Single Family | 2,161 | B |
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| 743 Place Chateau | Single Family | 2,471 | B |
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| 736 Place Chateau | Single Family | 1,615 | B |
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| 3607 Chatelaine Blvd | Single Family | 2,499 | B |
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| 3536 Chatelaine Blvd | Single Family | 1,652 | B |
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| 3530 Chatelaine Blvd | Single Family | 1,827 | B |
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| 3542 Chatelaine Blvd | Single Family | 2,043 | B |
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| 3524 Chatelaine Blvd | Single Family | 1,734 | B |
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| 705 Place Chateau | Single Family | 2,120 | B |
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| 3600 Chatelaine Blvd | Single Family | 1,664 | B |
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| 707 Place Chateau | Single Family | 1,818 | B |
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| 701 W Chatelaine Blvd | Single Family | 1,715 | B |
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| 713 Place Chateau | Single Family | 2,868 | B |
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| 742 Place Chateau | Single Family | 1,931 | B |
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| 703 Place Chateau | Single Family | 2,135 | B |
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| 749 Place Chateau | Single Family | 1,642 | B |
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| 3518 Chatelaine Blvd | Single Family | 2,011 | B |
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| 3604 Chatelaine Blvd | Single Family | 2,226 | B |
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| 3608 Chatelaine Blvd | Single Family | 1,851 | B |
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| 707 W Chatelaine Blvd | Single Family | 1,874 | B |
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| 748 Place Chateau | Single Family | 2,211 | B |
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| 4321 Brandon Dr | Single Family | 1,789 | B |
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| 4335 Brandon Dr | Single Family | 1,682 | B |
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| 3512 Chatelaine Blvd | Single Family | 2,161 | B |
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| 755 Place Chateau | Single Family | 2,307 | B |
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| 4355 Brandon Dr | Single Family | 1,777 | B |
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| 3455 Place Valencay | Single Family | 1,686 | B |
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| 3461 Place Valencay | Single Family | 2,096 | B |
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| 4297 Brandon Dr | Single Family | 2,274 | B |
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| 3518 Avenue Montressor | Single Family | 1,664 | B |
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| 3501 Chatelaine Blvd | Single Family | 2,183 | B |
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| 754 Place Chateau | Single Family | 1,870 | B |
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| 3530 Avenue Montressor | Single Family | 2,176 | B |
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| 3536 Avenue Montressor | Single Family | 1,858 | B |
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| 713 W Chatelaine Blvd | Single Family | 2,142 | B |
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| 4369 Brandon Dr | Single Family | 2,348 | B |
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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 36 of all properties in this area. This suggests it would appeal to someone earning around $44,582 per year who should qualify for a mortgage between $89,164 and $111,455.
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 36 of all properties in this area. This corresponds to a rent of $1,035 per month and a monthly household income of $3,189 ($38,268 per year)
Nearby Companies
748 Place Chateau
766 Place Chateau
766 Place Chateau
766 Place Chateau
4326 Brandon Dr
730 Place Chateau
712 Place Chateau
3449 Place Valencay
3628 Avenue Degien
761 Place Chateau