2616 Se 5th Cir, 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 | |
---|---|---|---|---|
2614 Se 5th Cir | Single Family | 1,500 | B | |
2601 Se 5th Cir | Single Family | 1,500 | B | |
2612 Se 5th Cir | Single Family | 1,500 | B | |
2610 Se 5th Cir | Single Family | 1,500 | B | |
2603 Se 5th Cir | Single Family | 1,500 | B | |
2605 Se 5th Cir | Single Family | 1,500 | B | |
2607 Se 5th Cir | Single Family | 1,500 | B | |
2623 Se 5th Cir | Single Family | 1,500 | B | |
2636 Se 5th Cir | Single Family | 1,500 | B | |
2621 Se 5th Cir | Single Family | 1,500 | B | |
2632 Se 5th Cir | Single Family | 1,500 | B | |
2627 Se 5th Cir | Single Family | 1,500 | B | |
2634 Se 5th Cir | Single Family | 1,500 | B | |
2625 Se 5th Cir | Single Family | 1,500 | B | |
328 Se 23rd Ave | Single Family | 1,465 | B | |
326 Se 23rd Ave | Single Family | 1,465 | B | |
2630 Se 5th Cir | Single Family | 1,500 | B | |
330 Se 23rd Ave | Single Family | 1,465 | B | |
324 Se 23rd Ave | Single Family | 1,465 | B | |
332 Se 23rd Ave | Single Family | 1,465 | B | |
322 Se 23rd Ave | Single Family | 1,465 | B | |
320 Se 23rd Ave | Single Family | 1,465 | B | |
318 Se 23rd Ave | Single Family | 1,465 | B | |
316 Se 23rd Ave | Single Family | 1,465 | B | |
2602 Se 5th Cir | Single Family | 1,500 | B | |
2600 Se 5th Cir | Single Family | 1,500 | B | |
314 Se 23rd Ave | Single Family | 1,465 | B | |
531 Se 28th Cir | Single Family | 1,537 | B | |
312 Se 23rd Ave | Single Family | 1,465 | B | |
2604 Se 5th Cir | Single Family | 1,500 | B | |
2606 Se 5th Cir | Single Family | 1,500 | B | |
512 Se 26th Ave | Single Family | 1,489 | B | |
533 Se 28th Cir | Single Family | 1,525 | B | |
514 Se 26th Ave | Single Family | 1,489 | B | |
2645 Se 27th Ln | Single Family | 1,489 | B | |
502 Se 26th Ave | Single Family | 1,680 | B | |
500 Se 26th Ave | Single Family | 1,435 | B | |
310 Se 23rd Ave | Single Family | 1,465 | B | |
308 Se 23rd Ave | Single Family | 1,465 | B | |
2647 Se 27th Ln | Single Family | 1,489 | B | |
306 Se 23rd Ave | Single Family | 1,465 | B | |
541 Se 28th Cir | Single Family | 1,489 | B | |
1811 Coastal Bay Blvd | Single Family | 2,241 | B | |
1809 Coastal Bay Blvd | Single Family | 2,275 | B | |
304 Se 23rd Ave | Single Family | 1,465 | B | |
1807 Coastal Bay Blvd | Single Family | 2,241 | B | |
1805 Coastal Bay Blvd | Single Family | 2,275 | B | |
1803 Coastal Bay Blvd | Single Family | 2,159 | B | |
302 Se 23rd Ave | Single Family | 1,465 | B |
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 30 of all properties in this area. This suggests it would appeal to someone earning around $43,324 per year who should qualify for a mortgage between $86,648 and $108,310.
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 30 of all properties in this area. This corresponds to a rent of $1,064 per month and a monthly household income of $3,368 ($40,416 per year)
Nearby Companies
1805 Coastal Bay Blvd
241 Se 24th Ave
241 Se 24th Ave
250 Se 23rd Ave
250 Se 23rd Ave
323 Se 23 Ave